October 25, 2023 10:00 AM Eastern Daylight Time
HAUPPAUGE, N.Y.–(BUSINESS WIRE)–Upward Health, a risk-bearing, in-home medical group, today announced the appointment of Benjamin Hamawy to Chief Financial Officer.
“The opportunity for value creation is tremendous given the talent, drive, and passion of the team. I am confident that together we can develop and implement financial strategies to further support Upward Health’s expansion plans.”Tweet this
Hamawy most recently served as Region Chief Financial Officer for Humana, Inc. where he was responsible for the profit and loss statement of $10 billion in operational premium covering 700K lives. He drove improved member health outcomes through innovative solutions, increased membership growth and retention, and increased profit margins.
In his role as Upward Health’s Chief Financial Officer, he will leverage his experience to further lead and oversee all financial operations including financial planning and analysis, accounting, and treasury functions. He will also play a key role in the company’s strategic planning and decision-making processes.
“This period of rapid growth is an important time for Upward Health’s transformation, and I look forward to continue building on its strong foundation,” said Hamawy. “The opportunity for value creation is tremendous given the talent, drive, and passion of the team. I am confident that together we can develop and implement financial strategies to further support Upward Health’s expansion plans.”
Hamawy has more than 18 years of extensive financial leadership and operational experience in the healthcare, technological, and manufacturing industries. Prior to his time at Humana, he served as Managing Partner, Fractional Chief Financial Officer at Nola Consulting Group, LLC, and before that he served as the Chief Operating and Financial Officer at Mignon Faget LTD for 10 years. Hamawy holds an MBA in Finance and General Management from Tulane University and a B.S. in Mechanical Engineering from Lehigh University.
“Ben is a tenured financial professional with an impressive history of delivering growth and leadership in his previous roles,” said Glen Moller, Chief Executive Officer of Upward Health. “This is a natural time for us to bring on a leader like Ben who is best positioned to help us achieve our goals of ensuring all individuals have access to high-quality healthcare, reducing cost of care for our health plan partners, and continuing to increase revenue growth. His financial acumen in value-based contracts and experience mitigating risk will help us further develop strategic partnerships and investments to ensure expansion and stability for years to come.”
About Upward Health
Upward Health is an in-home multidisciplinary medical group that partners with health plans and other risk-bearing entities to address the needs of high- and emerging-risk patients. Using a unique, in-home, whole-person care approach to meeting a patient’s needs, Upward Health delivers and coordinates care that improves outcomes and the quality of life for every patient it serves. It has a Net Promoter Score of 86, among the highest in the healthcare industry, and ranks No. 7 on the 2023 Inc. 5000 list of the fastest-growing private companies in the nation. To learn more, visit www.upwardhealth.com.
Contacts
Press: Ashley Kurpiewski, [email protected]
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