Clover Health Expands Management Team, Appointing Prabhdeep Singh as Chief Growth Officer and Justin Joseph as Chief Strategy...
July 09 2021 - 9:00AM
Today, Clover Health (Nasdaq: CLOV) (“Clover”), an innovative
technology company committed to improving health equity for
America’s underserved seniors, announced the hiring of two key
leaders: Prabhdeep Singh as Chief Growth Officer, and Justin Joseph
as Chief Strategy & Development Officer.
A former executive at WeWork and Uber, Singh will lead Clover’s
member growth and expansion of service areas. Most recently, as
WeWork’s Executive Vice President and Global Head of Marketplace,
he was responsible for building and leading the company’s strategy
for its digital platform and emerging products and services. Prior
to this, Mr. Singh was a General Manager at Uber Eats, where he
helped transform and scale it from a concept to a multi-billion
dollar business. Specifically, he developed and led the Uber Eats
Enterprise business and strategy focused on acquiring, growing, and
managing some of the largest restaurant partners in the world,
which has helped him develop deep experience in driving growth and
expansion.
“Technology has deeply transformed every industry––from food and
transportation to the way we work. I joined Clover because I
believe their tech-driven approach will transform and improve the
way people receive great healthcare by removing barriers and making
access as simple as possible,” said Singh. “It's a really exciting
company and I look forward to supporting the drive to improve
health equity by bringing high-quality care to more people across
the country.”
Justin Joseph joins Clover from Palantir, where he worked on
commercial strategy, driving global business development across the
healthcare, medical device, life sciences, and emerging digital
health sectors. Prior to Palantir, Mr. Joseph spent fifteen years
at Deloitte where he led global client engagements with leading
Fortune 500 companies spanning strategy, M&A, and
transformation programs. As Clover’s Chief Strategy &
Development Officer, he will leverage his experience bridging
healthcare and technology to drive strategic partnerships and
internal transformation.
“Collaboration between the government and the private sector is
an essential facet of America's ability to innovate,” said Joseph.
“I'm excited to build out Clover's strategic vision of how we can
bring more innovation to benefit Medicare eligible seniors.”
“Clover’s mission is to improve every life, and I’m excited to
welcome two new members to the leadership team that will be crucial
as we strive to make that mission a reality,” said Vivek Garipalli,
Chief Executive Officer and Founder of Clover. “As Clover expands
into new markets, Prab and Justin’s unique experiences at
hyper-growth companies will strengthen our efforts
considerably.”
The two leaders join Clover on the heels of the company
announcing plans to expand service coverage to 101 new counties
across the country, subject to CMS approval. Individuals eligible
for Medicare in these new counties can sign up for Clover’s plans
during this year’s Annual Election Period (AEP) with coverage
beginning on January 1, 2022.
About Clover HealthClover Health (Nasdaq: CLOV)
is a next-generation risk-bearing organization aiming to achieve
health equity for all Americans. While our mission is to improve
every life, we particularly focus on seniors who have historically
lacked access to affordable high quality healthcare.
We aim to provide great care, in a sustainable way, by having a
business model built around improving medical outcomes while
lowering avoidable costs. We do this while taking a holistic
approach to understanding the health needs and social risk factors
of those under our care. This strategy is underpinned by the
company’s proprietary software platform, the Clover Assistant,
which is designed to aggregate patient data from across the health
ecosystem to support clinical decision-making by providing
physicians with real-time, personalized recommendations at the
point of care.
Making care more accessible is at the heart of our business, and
we believe patients should have the freedom to choose their
doctors. We offer two models of care: affordable Medicare Advantage
plans with extensive benefits; and care coordination for Original
Medicare beneficiaries through Direct Contracting. For both
programs, we provide primary care physicians with the Clover
Assistant and also make comprehensive home-based care available via
the Clover Home Care program.
With its corporate headquarters in Nashville, Clover’s workforce
is distributed around the U.S. and also includes a team of
world-class technologists based in Hong Kong. The company manages
care for Medicare beneficiaries in eleven states, including
Arizona, Georgia, Kansas, Mississippi, New Jersey, New York,
Pennsylvania, South Carolina, Tennessee, Texas and Vermont.
Contacts:
Investor Relations:Derrick Nuemaninvestors@cloverhealth.com
Press Contact:Andrew Still-Baxterpress@cloverhealth.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/04d5bb7f-114d-42cf-bdf3-5085a4dc55c6
https://www.globenewswire.com/NewsRoom/AttachmentNg/cbebef84-bce0-48f9-afcc-cc0158f85879
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