Modivcare Appoints Erin L. Russell to Board; Formerly with eHealth, Inc.

Modivcare Inc. Strengthens Board with Erin L. Russell Appointment

Modivcare Inc., a technology-enabled healthcare services company, announces the appointment of Erin L. Russell to its board of directors, effective February 10, 2025. This strategic move aims to enhance the company's governance and oversight as it navigates the increasingly complex healthcare landscape. With over 25 years of experience in healthcare and finance, Russell's extensive background in capital and credit markets positions her as a valuable asset. She is set to contribute her insights on the Audit and Nominating and Governance Committees of the Board, reinforcing Modivcare's commitment to effective leadership and oversight.

Russell's experience is particularly noteworthy given her 16 years at Vestar Capital Partners, L.P., where she excelled in the healthcare team, evaluating over 150 investment opportunities. Her previous board roles—including positions with eHealth, Inc., Tivity Health Inc., and Kadant Inc.—demonstrate her deep understanding of the healthcare sector. Leslie Norwalk, Chair of the Board, emphasizes that Russell's expertise will significantly support Modivcare's strategic initiatives. As the company focuses on integrating supportive care solutions, Russell's insights are poised to facilitate improved health outcomes for clients.

In her statement, Russell underscores her commitment to advancing Modivcare's mission of enhancing healthcare access across the United States. Her appointment aligns with the company’s strategic objective to bolster its board expertise in light of an evolving healthcare landscape. The addition of Russell comes at a crucial time, especially as Modivcare works to innovate in the realm of supportive care, ensuring that it remains at the forefront of addressing complex healthcare needs.

In addition to Russell's upcoming role, Modivcare announces the immediate resignation of Neal Goldman from the Board. His departure is clarified as unrelated to any disagreements, with Norwalk expressing gratitude for Goldman’s contributions during a pivotal period for the company. This transition reflects Modivcare's ongoing efforts to maintain a dynamic and effective board that can adapt to the challenges and opportunities within the healthcare sector.

With Russell's wealth of experience and Goldman’s recent exit, Modivcare appears well-positioned to navigate the future of healthcare services in a manner that emphasizes both governance and operational effectiveness.