Clover Health Appoints Clay Thornton As Chief Financial Officer

Mar 07, 2024•over 1 year ago

Position

Chief Financial Officer

Company

Clover Health

Clay Thornton

NashvilleHealth Care

Description

Clover Health announces the appointment of Clay Thornton as the newly appointed Chief Financial Officer of its Medicare Advantage (MA) division. Thornton, with an impressive track record spanning over a decade of healthcare financial management and operational leadership, will join as the Company enters the next phase of its lifecycle, targeting Adjusted EBITDA profitability for the full year 20241.

Company Information

Company

Clover Health

Location

Nashville, Arkansas, United States

About

Clover Health is a Preferred Provider Organization (PPO) and a Health Maintenance Organization (HMO) with a Medicare contract. Enrollment in Clover Health depends on contract renewal. You must continue to pay your Medicare Part B premium. For plans that provide drug coverage, the formulary may change during the year. Out-of-network/non-contracted providers are under no obligation to treat Clover members, except in emergency situations. For a decision about whether we will cover an out-of-network service, we encourage you or your provider to ask us for a pre-service organization determination before you receive the service.

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