Veteran Executive Murray Joins Wellvana as President and CFO
The leaders of value-based care venture Wellvana Health LLC have recruited veteran healthcare executive Jim Murray to be the company’s president and chief financial officer.
Murray comes to Nashville-based Wellvana, which was founded in 2018 to work with physicians, health systems and payers on accountable care organizations, after being CEO of VillageMD since late 2024. He will oversee the finance and operations teams of Wellvana, which has a presence in 40 states and more than 800,000 patients in its networks thanks to a large acquisition completed last March.
“I’ve known Jim for years and have seen his leadership up close. He understands what it takes to align operations and clinical to build and deliver innovative total cost-of-care strategies,” Susan Diamond, Wellvana’s CEO, wrote on LinkedIn. “I’m excited to welcome him to Wellvana and confident he’ll be a tremendous asset to our partners and the patients they serve.”
Murray had joined VillageMD as president and chief operating officer in April 2024, about six months after majority owner Walgreens Boots Alliance Inc. said it would close 60 clinics and a few weeks after then-new CEO Tim Wentworth hit the brakes on further expansion of primary care services. He stepped up to CEO of the clinic venture about seven months later after Tim Barry had left and Walgreens executives said they planned to sell at least some of Village’s assets.
Before his time at Village, Murray was COO and chief transformation officer at health insurance holding company Centene Corp., which he joined when Centene acquired behavioral health provider Magellan Health in early 2022. Previously, he spent nearly three decades at Humana Inc., rising to hold several senior finance and operations roles.
Wellvana’s recruitment of Murray comes about three months after the company’s board permanently appointed Diamond—who’s also a veteran Humana executive—to be CEO. Diamond had stepped in as interim CEO, president and CFO last July after the exit of Kyle Wailes.
That change occurred four months after Wellvana had acquired the Medicare Shared Savings Program business of CVS Health Corp.’s accountable-care group. In a later U.S. Securities and Exchange Commission filing, CVS executives said the value of that transaction was not material to the company’s financial statements but noted that CVS recorded a $236 million pre-tax loss on the deal.
About the Author
Geert De Lombaerde
A native of Belgium, Geert De Lombaerde has more than two decades of business journalism experience and writes about markets and economic trends for Endeavor Business Media publications Healthcare Innovation, IndustryWeek, FleetOwner, Oil & Gas Journal and T&D World. With a degree in journalism from the University of Missouri, he began his reporting career at the Business Courier in Cincinnati and later was managing editor and editor of the Nashville Business Journal. Most recently, he oversaw the online and print products of the Nashville Post for more than a decade and reported primarily on Middle Tennessee’s finance sector as well as many of its publicly traded companies.