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CVS Health has appointed Dr. Sreekanth Chaguturu as president of Health Care Delivery, succeeding Mike Pykosz, who is departing the company. Chaguturu, previously the executive vice president and chief medical officer, aims to enhance patient care across CVS's services, including Oak Street Health clinics and MinuteClinic. The leadership change comes amid financial challenges for CVS, including lower reimbursement rates and rising medical costs, contributing to a nearly 20% drop in stock prices this year.
Mike Pykosz, the former CEO of Oak Street Health, is leaving CVS Health amid a leadership shakeup, with Sree Chaguturu, M.D., stepping in as president for healthcare delivery. Chaguturu, who also serves as chief medical officer, will oversee CVS" medical affairs and enhance patient care across its services. This transition comes as CVS navigates financial challenges and strengthens its healthcare delivery segment, which has seen significant growth in Aetna enrollments.
Mike Pykosz
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cvs appoints dr sreekanth chaguturu as president of health care delivery
CVS Health Corporation
Massachusetts General Hospital
USA
David Joyner
Mike Pykosz
Sree Chaguturu
Karen Lynch
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17:52 21.11.2024
mike pykosz departs cvs health as leadership changes unfold
UnitedHealthcare
Mass General Brigham
Oak Street Health Inc.
CVS Health Corporation
USA
David Joyner
Brian Kane
Sree Chaguturu
Mike Pykosz
Karen Lynch
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20:00 19.11.2024
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