Senior care provider ChenMed said July 21 it is restructuring its C-suite and has tapped Steve Nelson to lead day-to-day operations as president.
Mr. Nelson served as CEO of UnitedHealthcare from 2017 to 2019 and was hired to lead JenCare in 2022, a joint-venture formed in 2011 between ChenMed and Humana. ChenMed provides primary care to seniors and Medicare Advantage enrollees in more than 125 clinics in 15 states.
ChenMed's CEO, Chris Chen, MD, will retain his title but step back from daily management, Business Insider reported July 20.
According to the report, the Chen family will still be owners and board members of the company, but Mr. Nelson will bring on a new leadership team.
Others stepping down from leadership roles include Chief Medical Officer Gordon Chen, MD; Founder James Chen, MD, PhD; Chief Market Development Officer Mary Chen; Chief Legal Officer Stephanie Chen; and Chief Clinical Officer Jessica Chen, MD.