Modivcare Announces Barbara Gutierrez to Join as Chief Financial Officer
23 Août 2023 - 3:00PM
Business Wire
Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a
technology-enabled healthcare services company that provides a
platform of integrated supportive care solutions focused on
improving health outcomes, today announced that Barbara Gutierrez
has agreed to join Modivcare as its Chief Financial Officer (CFO)
with an expected start date of September 18, 2023.
“I am delighted to announce the appointment of Barbara Gutierrez
as our new Chief Financial Officer. Barb is an established finance
leader within the healthcare industry, and I am confident that she
will help Modivcare drive results as we advance our journey to
becoming One Modivcare,” said L. Heath Sampson, Chief Executive
Officer. “Barb’s financial leadership experience, coupled with her
healthcare industry background, specifically focused on innovative,
value-based care programs like the Program of All-Inclusive Care,
otherwise known as PACE, align with our strategy and vision at
Modivcare and she will be able to help us navigate the evolving
industry landscape while driving our financial operations and
results. I am thankful to our dedicated finance and accounting
teams led by Ken Shepard and Rebecca Orcutt, who have managed and
helped us navigate the significant transformation the Company has
undergone over the last 12 months. Barb will help ensure our
executive leadership team is driving results and executing on our
strategic plan, while enhancing shareholder value and improving our
supportive care services to provide the best experience for our 34
million members.”
Ms. Gutierrez said, “I am grateful to Heath and the Board for
this opportunity, and I am looking forward to joining Modivcare and
helping drive improved financial performance over the next several
years. While creating avenues for workflow improvements, my aim is
to create a cohesive environment and align our teams and processes
to encourage transformations. I am committed to driving growth,
improving efficiency, and profitability, while simultaneously
supporting the delivery of the services and needs that make
Modivcare unique. Coming from a senior healthcare services company,
I am excited to continue my passion for innovative, value-based
care arrangements focused on the social determinants of health, and
I truly believe that Modivcare’s unique supportive care services
will help drive improved health outcomes and lower costs for the
healthcare industry.”
Ms. Gutierrez has more than three decades of experience in
executive and financial leadership roles, and she has a deep
background in the healthcare services industry. Prior to joining
Modivcare, Barbara was Chief Financial Officer of InnovAge, the
largest Program of All-Inclusive Care (PACE) provider in the
country. Previously, she served as CFO and Chief People Services
Officer for Hero DVO, LLC, a practice management group focused on
delivering efficient, quality dental and vision care to children in
underserved communities. Barbara also has served in senior
leadership roles with Strad Energy Services, Jones Knowledge Group,
PhyCor and HealthOne (HCA). Ms. Gutierrez has a special expertise
with high-growth companies and has led transformational business
initiatives and strategic acquisitions. She resides in Denver and
is a member of the Board of Directors for LogicMark, Inc. (Nasdaq:
LGMK) and chairs the Audit Committee. Ms. Gutierrez has served on
several non-profit and advisory boards and currently serves on the
advisory board for the University of Denver School of Accountancy.
Barbara is a certified public accountant and chartered global
management accountant, and holds a Bachelor’s Degree in Accounting
from the University of Denver.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of the federal securities laws. These statements are
predictive in nature and are identified by the use of terms such as
“may,” “will,” “expect,” “believe,” and similar words indicating
possible future expectations, events or actions. The expected start
date for Ms. Gutierrez is a forward-looking statement, as may be
her stated commitment to drive growth, efficiency and
profitability, among other statements in this release. Such
forward-looking statements are based on current expectations,
assumptions, estimates and projections about our business and our
industry, and are not guarantees of our future performance. These
statements are subject to a number of known and unknown risks,
uncertainties and other factors that could impact future
performance, many of which are beyond our ability to control or
predict and may cause actual results to be materially different
from those expressed or implied herein, including the risks facing
our business that are identified in our annual report on Form 10-K
and subsequent periodic and current reports most recently filed
with the Securities and Exchange Commission. You are cautioned not
to place undue reliance on these forward-looking statements, which
speak only as of the date hereof and are expressly qualified in
their entirety by the cautionary statements set forth herein and in
our identified filings with the Securities and Exchange Commission,
which you should read in their entirety before making an investment
decision with respect to our securities. We undertake no obligation
to update or revise any forward-looking statements contained in
this release, whether as a result of new information, future events
or otherwise, except as required by applicable law.
About Modivcare
Modivcare Inc. (Nasdaq: MODV) is a technology-enabled healthcare
services company that provides a platform of integrated supportive
care solutions for public and private payors and their members. Our
value-based solutions address the social determinants of health
(SDoH), enable greater access to care, reduce costs, and improve
outcomes. We are a leading provider of non-emergency medical
transportation (NEMT), personal care and remote patient monitoring.
To learn more about Modivcare, please visit www.modivcare.com.
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Investors Kevin Ellich Vice President, Head of Investor
Relations Kevin.ellich@modivcare.com
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