Two other C-level execs leaving; naviHealth president will take over at pain management/opioid data company.
Nashville-based pain management and opioid data firm axialHealthcare is in the midst of a big leadership transition, with three C-level executives set to step down by late April.
CEO John Donahue, who has led six-year-old axialHealthcare for most of its existence, will transition into an executive chairman role April 22 and oversee the company’s efforts to raise money while contributing to strategy and innovation discussions. Donahue joined the company in mid-2013 after a stint as president and CEO of hospitalist medicine group Cogent HMG.
Soon to take the reins is Carter Paine, the former president and COO of Brentwood-based post-acute care manager naviHealth. As CEO, he will take the lead on questions of strategy, operations and organizational processes for the roughly 100-employee company.
Paine was just named president of naviHealth last November after working as COO for more than three years. He has more than 15 years of experience in operations, investment and transaction services in health care and technology and had been with the care navigation and coordination company since its founding in 2012. Officials at naviHealth could not be reached prior to publication for comment about possible plans to fill Paine’s roles.
In addition to the CEO change, axialHealthcare President and COO Kevin Kirkpatrick and CIO Joe Degati will leave April 1, company officials confirmed to the Post. No additional information on their departure is being released at this time but the company — which plans to provide some details next week — said the moves “reflect our evolving operational needs and poise our organization to reach our growth potential.”
Kirkpatrick and Degati have a combined experience of more than 50 years in their areas of the health care industry. Both have served the company since its market launch in late 2015, when it served around 400,000 members.
Since that time, axialHealthare has raised more than $30 million in funding — its investor group includes Oak HC/FT, .406 Ventures, BlueCross BlueShield Venture Partners and Sandbox Advantage Fund — and now covers roughly three million members for large, publicly traded and regional health insurers and states.
Via The Nashville Post.
