Meckey, a veteran healthcare leader in leading
global institutions, will join the company in July
DELRAY
BEACH, Fla., May 12, 2022
/PRNewswire/ -- UpHealth, Inc. (NYSE: UPH) — Samuel J. Meckey will join UpHealth, Inc. as
Chief Executive Officer in July. The appointment was announced
today by Dr. Avi Katz, Co-Chairman
of the company's Board of Directors.
"Sam has considerable healthcare experience in publicly traded
companies and a consistent track record of delivering exceptional
results," said Dr. Katz. "The Board and I are confident that his
experience and expertise will accelerate UpHealth's transformation
and growth. Sam excels at building winning teams, creating a
client-first culture, driving innovation that meets market needs
and delivering against operational excellence goals."
Meckey was most recently Executive Vice President and Head of
Healthcare at EXLService Holdings, Inc., a leading data analytics,
digital operations, technology and solutions company. During his
tenure, he integrated five separate businesses into one cohesive
operating unit and developed the strategic plan to double the
business's size, grew revenues and net income, increased gross
margin and significantly improved return on invested capital.
Prior to joining EXL, he was President of Optum Global
Solutions, overseeing the company's global operations and
technology services organization. There, Mr. Meckey was responsible
for more than 35,000 employees in India, the
Philippines, Brazil and
the United States. Under his
leadership, revenue and earnings significantly increased.
Before beginning his career in healthcare, Mr. Meckey was an
officer and pilot in the United
States Navy. He completed his undergraduate work in
economics at the United States Naval
Academy and earned a master's degree from Harvard Business School.
"It is an honor to join UpHealth almost one year into its
journey as a publicly traded company," said Mr. Meckey. "The
company's potential to affect positive change in healthcare
globally is enormous, as is its potential for growth in every
aspect of its businesses. I look forward to collaborating with the
accomplished leadership team at the company to deliver exceptional
results for our clients and shareholders."
Mr. Meckey replaces Dr. Ramesh
Balakrishnan, whom the company announced would be moving to
another role last month. Dr. Balakrishnan will become the company's
Chief Strategy Officer when Mr. Meckey joins. Until that time, he
will serve as Chief Executive Officer and will be instrumental in
Mr. Meckey's transition into the company.
"Sam and I have had the opportunity to get acquainted, and I see
him as a dynamic, ambitious and high integrity leader who will
guide us toward our mission to power the world's most trusted
health institutions to achieve their access, quality and
affordability goals. His strong client orientation, disciplined
approach to operations and passion for innovation will materially
accelerate our progress as an institution. I'm eager to partner
with him in my new role and am confident the company will see much
success under this leadership," said Dr. Balakrishnan.
Dr. Katz said, "When the Board and I announced last month that
we were seeking a new Chief Executive Officer, we said that our
ideal candidate would be a proven leader with deep expertise in
healthcare, services and technology institutions and with
demonstrated operational excellence experience. Sam fits all these
criteria—and more. We are looking forward to collaborating with Sam
as he shapes our journey toward becoming a leading institution in
healthcare."
About UpHealth
UpHealth is a global digital health
company that delivers digital-first technology, infrastructure, and
services to dramatically improve how healthcare is delivered and
managed. UpHealth's solutions holistically enable clients to
deliver on
their affordability, access, quality, outcomes,
and patient experience goals. UpHealth's technology
platform helps its clients improve access, coordinate care teams,
and achieve better patient outcomes at lower cost, with care
management solutions, analytics, and telehealth tools that serve
patients wherever they are, in their native language. Additionally,
UpHealth's technology-enabled virtual care infrastructure and
services improves access to quality primary and acute care,
behavioral health, and pharmacy services. UpHealth's clients
include health plans, global governments, healthcare providers and
community-based organizations.
For more information, please
visit https://uphealthinc.com and follow us
at @UpHealthInc on Twitter and UpHealth Inc on
LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of U.S. federal securities laws. Such forward-looking
statements include, but are not limited to, the hiring and the
start date of UpHealth's new CEO, and the expectations, hopes,
beliefs, intentions, plans, prospects or strategies regarding the
future revenue, growth and business plans of UpHealth's management
team. Any statements contained herein that are not statements of
historical fact may be deemed to be forward-looking statements. In
addition, any statements that refer to projections, forecasts, or
other characterizations of future events or circumstances,
including any underlying assumptions, are forward-looking
statements. The words "anticipate," "believe," "continue," "could,"
"estimate," "expect," "intends," "may," "might," "plan,"
"possible,"" "potential,"" "predict," "project," "should," "would"
and similar expressions may identify forward-looking statements,
but the absence of these words does not mean that a statement is
not forward-looking. The forward-looking statements contained in
this press release are based on certain assumptions and analyses
made by the management of UpHealth in light of their respective
experience and perception of historical trends, current conditions,
and expected future developments and their potential effects on
UpHealth as well as other factors they believe are appropriate in
the circumstances. There can be no assurance that future
developments affecting UpHealth will be those anticipated. These
forward-looking statements involve a number of risks, uncertainties
(some of which are beyond the control of the parties), or other
assumptions that may cause actual results or performance to be
materially different from those expressed or implied by these
forward-looking statements, including the mix of services utilized
by UpHealth's customers and such customers' needs for these
services, market acceptance of new service offerings, the ability
of UpHealth to expand what it does for existing customers as well
as to add new customers, the ability of the new CEO to begin work
when anticipated, that UpHealth will have sufficient capital to
operate as anticipated, and the impact that the novel coronavirus
and the illness, COVID-19, that it causes, as well as government
responses to deal with the spread of this illness and the reopening
of economies that have been closed as part of these responses, may
have on UpHealth's operations, the demand for UpHealth's products,
global supply chains and economic activity in general. Should one
or more of these risks or uncertainties materialize or should any
of the assumptions being made prove incorrect, actual results may
vary in material respects from those projected in these
forward-looking statements. We undertake no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events, or otherwise, except as may be required
under applicable securities laws.
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SOURCE UpHealth, Inc.