Nashville, TN

Spiras Health, a Spiras Health, a provider of in-home and virtual healthcare solutions for patients with complex chronic conditions, is expanding its executive team with the addition of an experienced finance executive to help drive financial results and support the company’s growth. Steven Davidson joined Spiras Health on September 10 as Chief Financial Officer.

Davidson has spent his career focused on driving value and financial results in healthcare enterprises.  During his more than two decades of healthcare leadership, he has combined payor and provider experience and deployed financial strategies with health and wellness companies.

“As Spiras Health continues to grow, we are building an experienced leadership team to help us achieve our overall strategic objectives and execute our mission to solve some of the most significant issues facing our healthcare system today,” said Scott Bowers, CEO, Spiras Health. “Steve not only has significant finance expertise, he has also spent his career in this space, and will help us deliver results for our patients, payors and investors.”

Davidson will serve as the strategic leader for business and financial planning and reporting, and will be part of the leadership team focused on ensuring the company delivers on its business and financial goals.

“I’ve worked in companies focused on improving the health of high-risk patients for most of my career, and I’m excited to be part of a company that is both making a difference in the lives of its patients and helping to reduce costs for payors,” said Davidson. “Spiras Health is positioned for expansion with a scalable model that is effective at keeping medically complex patients out of the ER and hospital. I’m looking forward to supporting Scott and the team in the next wave of growth.”

With multiple national payors under contract, including the recently announced agreement with Clover Health, Spiras Health addresses avoidable costs by bringing personalized services to the patient. The company’s delivery model is focused on increasing access and improving quality of care through a multi-modal approach that includes in-person, virtual and telephonic services. In June, Spiras Health completed a $14M Series B funding round to support new market launches, sales and marketing team build, R&D with technological development and to further strengthen its management team.

Davidson was previously Chief Financial Officer for Onlife Health and Guidewell Connect, a health plan wellness company serving 12 million members. During his tenure, revenues increased by more than 50 percent. Prior to that, he was a senior finance leader at Healthways where he helped the organization launch a shared services pricing function, lead the financial modeling and development of several disease management products, and successfully deliver results on several risk-based contracts.

About Spiras Health:

Spiras Health is a clinical provider of care management and other health-related services to individuals with complex and chronic needs. Our approach to care delivery includes a combination of home-based services, telehealth, 2-way digital communications and remote patient monitoring with focus on reducing costs associated with avoidable hospital utilization. By identifying and assessing members with an elevated probability of avoidable costs, we develop actionable plans of care and address barriers including social determinants of health. Spiras Health optimizes engagement and activation by building trusting relationships. The multi-modal care approach delivers improved satisfaction and clinical metrics as well as financial savings to its partners. Savings are achieved through substantial and sustained reductions in hospital and emergency department utilization through a geographically and economically scalable delivery model.