Healthcare Moves: A Monthly Summary of Hires, Exits and Layoffs

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Katie Adams , 2025-05-01 00:14:00

This roundup is published monthly. It is meant to highlight some of healthcare’s recent hiring news and is not intended to be comprehensive. If you have news about an executive appointment, resignation or layoff that you would like to share for this roundup, please reach out to [email protected].

Hires

Morgan Cheatham joined Breyer Capital as a partner and head of healthcare and life sciences. To take this role at Breyer, Cheatham left Bessemer Venture Partners, where he was serving as a vice president focused on healthcare and life sciences.

Butterfly Medical, which is developing a minimally invasive treatment for benign prostatic hyperplasia, welcomed James Ulchaker as its chief medical officer. He joins the company from Cleveland Clinic, where he spent nearly 30 years as a urologist and surgeon.

Specialty care platform Latern named Falko Buttler as its new chief technology officer. In the past, he has held executive roles at companies including Accolade and PlushCare.

Modern Health, a workplace mental health platform, hired Matt Levin to be its new CEO. He succeeds Modern Health’s founder, Alyson Watson, who is stepping into the role of executive chair of the board. In the past, Levin has served as CEO of staffing and recruiting platform People2.0, as well as held executive roles at companies like Aon and ADP. In addition to announcing a new CEO, Modern Health also appointed Alison Borland as its chief people and strategy officer. Similarly to Levin, Borland worked at Aon in the past, ending her nearly 18 years there in a senior vice president role. She also served as chief wellbeing officer at Alight Solutions.

Progyny, a platform that offers family building and menopause support, appointed Melissa Cummings as its first COO. Some of her prior experiences include being chief customer officer at Blue Cross & Blue Shield of Rhode Island, and being vice president of strategic product solutions at Aetna. Along with the announcement, Progyny also named Geoffrey Clapp as its first chief product officer. He joins the company from Optum, where he most recently served as senior vice president of Optum Health Solutions.

Teladoc Health welcomed Adam Weinstein as its new chief product officer. He has held this title at other healthcare companies before, including Cityblock Health and Calibrate.

Thermo Fisher Scientific hired Richard Knight as medical director of its transplant diagnostics business. He joins the company with more than 30 years of experience as a kidney and pancreas transplant surgeon, having most recently served as director of renal and pancreas transplantation at Houston Methodist and professor of surgery at Weill Cornell Medical College.

Promotions

David Banks became the CEO of Florida-based AdventHealth. He has worked at the health system for nearly 25 years, having joined in 2001 as an administrator at an AdventHealth hospital in Kissimmee.

DexCare, a startup offering health systems a platform to help them coordinate and manage digital care, promoted Matthew Blosl to the role of CEO. He joined DexCare in March as its chief revenue officer. Before that, he held the chief revenue officer role at companies including Experity and Cyncly.

Kaiser Permanente named Neil Cowles as its new chief information and technology officer. He joined the health system in 2012 as executive director of KP HealthConnect Business Operations, which is Kaiser’s homegrown EHR. Before Kaiser, Cowles served as a senior director at Oracle.

Exits

Crozer Health CEO Tony Esposito stepped down from his role amid ongoing uncertainty regarding the Pennsylvania health system’s ability to remain open. Crozer’s owner, Prospect Medical Holdings, filed for bankruptcy in January, and the health system has been struggling financially. Currently, the system’s future depends on the successful sale to a group of unnamed buyers. Greg Williams, president of Prospect’s East Coast operations, will step into the CEO role in the interim.

UNC Health CEO Wesley Burks is stepping down from his role in September. He said he made this decision so he could focus more efforts to develop North Carolina Children’s, as well as spend more time with his family. Burks joined the health system in 2011 as physician-in-chief at UNC Children’s Hospital. UNC named Cristy Page, president of UNC Health Enterprises, as the interim CEO when Burks leaves.

Layoffs

Aetna is laying off 55 employees as the result of the closure of its CareFree health plan. The layoffs will start in late July and go on through the end of the year.

Massachusetts-based health system Baystate Health will lay off 43 employees. This follows a round of 98 layoffs from February. These rounds of job cuts are part of a $225 million transformation plan the health system launched in November to streamline operations, focus on strategic growth and improve financial resilience.

Blue Cross of Idaho is planning to lay off about 135 workers, which represents 10% of its workforce. This move comes after the payer lost a contract with the Idaho Department of Health and Welfare.

CRISPR biotech Caribou Biosciences is reducing its workforce by 32%, which is about 40 employees. The layoffs come in the midst of a company restructuring, which seeks to narrow the company’s focus to two off-the-shelf cell therapies for blood cancer .
South Dakota-based health system Sanford Health is laying off 96 employees in leadership and administrative roles. These job cuts are a result of the health system’s merger with Wisconsin-based Marshfield Clinic.

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