Strive Health Expands Executive Team
Strive Health, the national leader in value-based kidney care, announced today that it has expanded its executive team.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250417828365/en/
Paul Marchetti
Paul Marchetti has been named Strive's new President, overseeing all operations, customer success and growth. Jen Browne has been promoted to Chief Operating Officer, overseeing day-to-day operations and execution of business strategies.
'The Strive team is excited to welcome these exceptional leaders to our executive team,' said Chris Riopelle, Co-Founder & CEO of Strive. 'Their expertise, vision and passion for value-based kidney care will drive us forward as we continue to redefine our industry and create lasting impact.'
Before joining Strive, Marchetti served as President of CarelonRx at Elevance Health, where he led the pharmacy division and grew the business by 180% over three years. Earlier in his career, Marchetti held senior executive roles at New Century Health, Aetna and UnitedHealth Group where he drove revenue growth, managed national provider and value-based networks and scaled clinical operations and strategic M&A efforts.
'Having personally experienced progressive kidney disease within my family, I've seen firsthand the fragmentation, lack of coordination, gaps in care and stress put on patients and their families,' Marchetti said. 'With 37 million Americans struggling with kidney disease, I'm thrilled to join the talented team at Strive and its mission to utilize a unique combination of technology-enabled interventions and seamless integration with providers to drive high-quality, affordable outcomes for patients.'
Prior to her promotion to COO, Browne was Strive's President of Market Operations. Her extensive background includes expertise in quality and risk adjustment, disease management operations and medical expense management. Early in her career, Browne held positions at DaVita Medical Group, Advisory Board and Novant Health. She also served as the Senior Vice President of Population Health for Optum where she managed a portfolio of over 1.2 million patients.
'I'm passionate about a value-based healthcare system that prioritizes prevention, keeps patients healthy and delivers meaningful outcomes — especially for those living with chronic disease,' Browne said. 'I'm delighted to have the opportunity to lead Strive's operations as we reimagine kidney care through innovative, patient-centered models that meet people where they are and deliver meaningful, personalized support.'
ABOUT STRIVE HEALTH
Strive Health is the nation's leader in value-based kidney care and partner of choice for innovative healthcare payors and providers. Using a unique combination of technology-enabled care interventions and seamless integration with local providers, Strive forms an integrated care delivery system that supports the entire patient journey from chronic kidney disease (CKD) to end-stage kidney disease (ESKD). To help patients, Strive partners with commercial and Medicare Advantage payors, Medicare, health systems and physicians through flexible value-based payment arrangements, including risk-based programs. Strive serves over 121,000 people with CKD and ESKD across 50 states and partners with over 6,500 providers. Strive's case management and population health programs are accredited by the National Committee for Quality Assurance (NCQA), and its technology platform, CareMultiplier™, is certified by HITRUST. To learn more, visit StriveHealth.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250417828365/en/
CONTACT: MEDIA CONTACT:
Nicole Leatherman
Strive Health Communications
619-917-4807
[email protected]
KEYWORD: UNITED STATES NORTH AMERICA COLORADO
INDUSTRY KEYWORD: GENERAL HEALTH HEALTH PRACTICE MANAGEMENT OTHER HEALTH
SOURCE: Strive Health
Copyright Business Wire 2025.
PUB: 04/17/2025 07:02 AM/DISC: 04/17/2025 07:02 AM
http://www.businesswire.com/news/home/20250417828365/en
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Expand For the six months ended June 30, 2024 Revenue $ 39,336 $ 21,578 $ 76,799 $ 102,781 $ — $ 240,494 $ 96,029 $ 336,523 Direct operating costs (8,111) (11,172) (36,797) (84,533) — (140,613) (92,089) (232,702) Gross margin 31,225 10,406 40,002 18,248 — 99,881 3,940 103,821 Selling, marketing, depreciation and other operating costs — (2,818) (9,101) (6,861) — (18,780) (4,835) (23,615) Net margin 31,225 7,588 30,901 11,387 — 81,101 (895) 80,206 Fair value changes in investment properties — 2,721 — — — 2,721 (11,867) (9,146) Other income and expenses (631) (908) 922 (25,326) 234 (25,709) 32,952 7,243 Interest expense (10) (9,024) (2,438) (1,641) (7,208) (20,321) (16,578) (36,899) Share of earnings (loss) from equity accounted investments — — — (799) — (799) 7,370 6,571 Net segment earnings (loss) 30,584 377 29,385 (16,379) (6,974) 36,993 10,982 47,975 General and administrative expenses — — — — (11,398) (11,398) (896) (12,294) Adjustments related to Dream Impact Trust units (2) — — — — — — 30,694 30,694 Adjustments related to Dream Impact Fund units (2) — — — — — — 5,263 5,263 Income tax (expense) recovery — — — — (3,619) (3,619) 5,710 2,091 Net earnings (loss) $ 30,584 $ 377 $ 29,385 $ (16,379) $ (21,991) $ 21,976 $ 51,753 $ 73,729 (1) Refer to the "Non-GAAP Measures and Other Disclosures" section of the MD&A for second quarter of 2025 for the definition of Dream Impact Trust and consolidation and fair value adjustments, Dream standalone adjustments and Dream standalone, which are non-GAAP financial measures. 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