Wellvana Health Names Former Humana Executive to be CEO
As Published in BusinessWire, June 2, 2020
Wellvana Health, a leader in building and operating physician-led high-performing clinically integrated networks, announced today that Worthe S. Holt Jr, M.D., a family physician and healthcare executive will succeed Devin Carty as Wellvana’s chief executive officer. Carty will transition to the role of Wellvana’s chairman.
“Dr. Holt’s demonstrated leadership in healthcare operations, value-based care and managed care will help scale Wellvana through the next stage of growth.”
“Wellvana is founded on the principles of supporting primary care and specialty physicians in remaining independent by empowering them with the capital, human resources, contracts and technology to thrive in a value-based world,” said Charlie Martin, founder of Wellvana and chairman of Martin Ventures. “Dr. Holt’s demonstrated leadership in healthcare operations, value-based care and managed care will help scale Wellvana through the next stage of growth.”
Holt brings more than 30 years of clinical and operational leadership in healthcare to his new role. Most recently, he served as deputy chief medical officer of Humana, Inc., ranked as one of the top 10 healthcare companies in the Fortune 100. At Humana, he oversaw the physician enterprise, corporate clinical strategy and value-based care. Prior to Humana, Holt was executive vice president and chief operating officer of St. Vincent Health System, a multi-hospital system in Indiana. He is past president of the Indiana Medical Licensing Board and past president of the Indiana Academy of Family Physicians. Holt is a retired Air Force major general, having completed a distinguished military career as a fighter pilot (F-16, F-4), and most recently serving as special assistant to the commander and deputy chief of staff, United States Africa Command.
Wellvana builds networks of the highest caliber of independent physicians, surrounded by a team of care coordinators, health coaches and patient navigators and equipped with world-class technology, all focused on keeping individuals healthy. Wellvana physicians are directly accountable for the cost, experience and quality of the care they provide. This balanced approach allows Wellvana physicians to deliver the right care for the right patient at the right time. The Wellvana team and technology are designed to ensure each individual can access care of the highest quality, at the time it’s clinically appropriate, with an optimal experience, all consistent with healthcare’s quadruple aim.
“Wellvana partners with select health insurance programs that align the incentives of everyone in the healthcare ecosystem to provide great access to world-class care in a way that reduces expense for employers, payors, and patients,” said Devin Carty. “Dr. Holt has proven experience partnering with physicians to achieve success in value-based agreements with Medicare, Medicare Advantage, Medicaid, commercial health plans and employers. We are excited to have him lead the Wellvana team.”
“Having founded and operated several multi-billion dollar integrated healthcare systems, Charlie Martin and his team have some of the best healthcare operational and growth experience in the industry,” said Holt. “That operational experience, married with their unique entrepreneurial ability to build, launch and scale new innovative companies, made this the perfect opportunity. The concept and vision of Wellvana is something I have dreamed about for years. I am excited to have the opportunity to lead Wellvana forward.”