BELLEVUE, Wash.--(BUSINESS WIRE)--Edifecs, Inc., a global health information technology solutions company, announced today the addition of Stephen Ayers to its leadership team as chief financial officer (CFO). With decades of finance management experience, including executive level leadership positions at Lyric, Change Healthcare, and McKesson Corp., Ayers will lead Edifecs’ finance team with a focus on growth.
“We are fortunate to welcome Stephen to our organization and integrate his expertise in strategic financial planning and operational excellence into Edifecs,” said Venkat Kavarthapu, CEO of Edifecs. “As Edifecs plans for continued high growth, Stephen will oversee our financial functions and provide leadership and counsel on future growth opportunities for accelerated momentum.”
Ayers honed his finance career at McKesson where he focused on growing and improving key business units and advising on various growth strategies including acquisitions and partnerships. He previously enjoyed a 24-year career with McKesson including three years as vice president of finance/CFO. During his tenure there, he was responsible for driving accountability, streamlining processes, and implementing financial and operational metrics for one of the healthcare industry’s largest healthcare solution companies. In 2020, Ayers went on to Change Healthcare, where he led the company as its senior vice president and CFO of corporate.
Ayers earned his bachelor’s in business administration with a focus on accounting and programming from James Madison University, graduating cum laude in 1986. He attained his professional accounting license, CPA, in 1988.
Earlier this year, Edifecs announced the additions of Dr. Summerpal Kahlon, M.D., as chief medical officer, Rod O’Reilly as chairman of the board, Tom Shultz as chief revenue officer, and Chris Lance as chief product officer to its leadership team.
For more information about Edifecs, visit: https://www.edifecs.com/.
Edifecs provides market leading technology to its payer and health system customers, which serve nearly 300 million people in the U.S. healthcare market. For over 25 years, Edifecs has enabled customers to unlock greater value by aggregating, normalizing, and unifying data with its Best in KLAS interoperability platform. The Edifecs platform serves as the foundation for the solutions that eliminate stakeholder friction to overcome healthcare’s biggest challenges, including accelerating value-based payment adoption and obtaining more complete and accurate care funding for alternative payment models. Edifecs’ solutions incorporate natural language processing, machine learning, and artificial intelligence to provide deeper insights into patients, populations, and business processes. As new standards and regulations continually emerge from government agencies, Edifecs is a proven partner to ensure its customers maintain “evergreen” compliance. Edifecs customers include 24 of the 25 top commercial health plans in the country, 27 out of 34 of the Blue Cross Blue Shield payers, 35 of the 50 Medicaid programs, and 5 out of 10 of the largest health systems.