Always Best Care Names Franchise Development VP; Modivcare Announces New Investor Relations Head

Always Best Care announces new vice president of franchise development

The Roseville, California-based Always Best Care – a home care franchise company – has named a new vice president of franchise development.

The company announced this week that Sean Hart will lead the brand’s national growth strategy in new and existing markets across the country.

“We have many untapped markets ripe for development,” Jake Brown, president and CEO of Always Best Care, said in a press release. “Sean has a proven track record for building relationships that drive performance. His aptitude for strategy and results puts Always Best Care in an excellent position to capitalize on our momentum.”

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Always Best Care currently operates across 224 territories in 30 states and Canada.

Hart most recently served as the vice president of sales and development at American Family Care.

“Always Best Care presents a strong business model for entrepreneurs who want to make a difference in the lives of families in their communities,” Hart said in the press release. “I look forward to working with them and this growing brand to maximize the opportunities available.”

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Modivcare names new VP of investor relations

Modivcare Inc. (Nasdaq: MODV) has a new head of investor relations in Kevin Ellich. He will take on the duty as the company continues to grow its supportive care platform.

Based in Denver, Modivcare offers technology-enabled health care services and provides NEMT, personal care and nutritional meal delivery services.

“Kevin brings to Modivcare in-depth healthcare industry knowledge, financial and analytical acumen, strong Wall Street relationships and practical experience managing successful investor relations programs,” Dan Greenleaf, president and CEO of Modivcare, said in a press release. “Kevin’s appointment reflects our commitment to strengthening financial community engagement as we continue to grow Modivcare’s one-of-a-kind, supportive care platform.”

Before joining Modivcare, Ellich served as the managing director for health care services and technology at the capital markets advisory firm ICR Westwicke.

“Modivcare is addressing significant markets supported by strong industry tailwinds while focusing on the social determinants of health and providing supportive care services to the nation’s most vulnerable patient populations,” Ellich said in a press release. “I am eager to help the dynamic Modivcare team share the company’s exciting growth story with the investment community.”

AlerisLife names new interim president, CEO

Amid shakeup at AlerisLife Inc. (Nasdaq: ALR), the company has announced an interim replacement for former President and CEO Katie Potter.

Jeff Leer will serve as the interim president and CEO. Leer has served as the executive vice president, CFO and treasurer of AlerisLife since 2019 and will continue those responsibilities as well.

Potter resigned from the company on April 30.

AlerisLife also announced that its board of directors will consult with the global professional services firm Alvarez & Marsal (A&M) for a comprehensive operational review of the company.

“Jeff’s experience as the company’s CFO positions him well to lead the business on an interim basis and work with A&M as they review AlerisLife’s operations,” Adam Portnoy, chair of the AlerisLife board, said in a press release. “Given the dynamic shifts in the senior living industry and the disruption caused by the COVID-19 pandemic, we believe that now is the right time to undertake an operational review to ensure that the company will deliver enhanced financial performance and value creation over the long term.”

Earlier this year, Five Star Senior Living changed its name to AlerisLife to better reflect its organizational restructuring that occurred over the previous two years.

The Newtown, Massachusetts-based AlerisLife operates two main business segments. The first is a “residential segment” and the second is a “lifestyle services segment.”

The former includes 20 owned and 120 managed senior living communities, while the latter is largely built off AlerisLife’s “Ageility” brand and includes home care service offerings

Jet Health appoints sales leaders for East, West territories

Jet Health announced the promotion of two of its sales leaders — Mark Jacoby and Misty Wade — to vice president of sales roles.

Jacoby and Wade will lead growth initiatives in two separate geographical service areas. Jacoby will lead the sales strategies in Colorado, Idaho and New Mexico. Wade will do the same in Texas.

Founded in 2016, Fort Worth, Texas-based Jet Health is a home health, hospice and personal care provider.

“Both Mark and Misty proved their capabilities in a short period of time with Jet Health,” Stacie Bratcher, Jet Health’s CEO, said in a press release. “Each exhibited high levels of confidence, strong leadership and solid results, which earned them these promotions to newly created posts within the Jet Health structure.”

Jet Health recently acquired the Arlington, Texas-based Blessings Hospice. The deal was the company’s eighth overall acquisition — and its fifth hospice deal — since its founding in 2016.

Monogram Health adds to its executive leadership team

Monogram Health announced the addition of Karen Abbott as its chief administrative officer and chief compliance officer.

Monogram Health is a kidney care management company based in Nashville, Tennessee. The company currently operates in 28 states and its expansion plans will bring that number up to 34 by the end of 2022.

“Karen is a demonstrated leader and her long history of supporting growth stage and private equity-backed health care companies underscores her sharp acumen for the complexities of our rapidly evolving industry,” Mike Uchrin, Monogram Health’s CEO said in a press release. “Karen has a keen understanding of the unique needs and dynamics among our patients, health plan partners, clinicians and employees. She will be a key leader in our daily efforts to transform the way care is delivered to Americans living with kidney disease.”

Abbott most recently served as the chief legal officer, chief compliance officer and corporate secretary at American Addiction Centers.

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