Carrum Health Taps Jess Compagnola as CFO
January 4, 2024
Veteran finance executive with deep experience scaling high-growth companies joins Carrum as the COE care model gains popularity
SAN FRANCISCO – Jan 4, 2024 – Carrum Health announced Jess Compagnola as Chief Financial Officer to spearhead strategic and corporate finance and oversee revenue cycle management and accounting. He joins Carrum’s powerhouse executive team, bringing more than 20 years of experience as an investor and senior financial executive in healthcare, SaaS, funds and consulting.
Compagnola most recently spent 5 years as the CFO and EVP of Finance at digital healthcare staffing company Nomad Health, where he was responsible for raising more than $200 million in equity and debt, helped scale the company from $6 million to over $550 million in revenue, and built the finance, accounting, payroll and revenue cycle management teams.
“There’s strong market recognition of the value of the Centers of Excellence care model as more and more employers shift to COEs to curb soaring healthcare costs while improving patient outcomes for their employees,” said Sach Jain, CEO and founder. “Jess joins us as we are poised to scale up our reach and network, to shepherd our financial strategy.”
Compagnola has deep experience in venture-backed high-growth companies and was previously head of finance at Gust, a global SaaS platform, and director of an investment fund at Impala Partners LLC. Over the past 20 years, he has evaluated, closed and integrated several acquisitions
“Employers are realizing the value that Carrum’s bundled payments model and COE network delivers, with substantial cost savings and immediate ROI, while offering a superior patient experience for their employees in complex surgical and cancer care,” Compagnola said. “I’m energized and inspired to be part of such a strong leadership team that’s deeply committed to changing how we pay for, deliver and experience healthcare.”
Compagnola has an MBA from Columbia Business School and bachelor’s from NYU’s Stern School of Business. A fitness enthusiast, he has finished multiple ultramarathons and Ironmans, and summited Mt. Kilimanjaro.
About Carrum Health
Carrum Health is a value-based Centers of Excellence (COE) healthcare platform changing how we pay for and deliver care. Carrum offers self-funded employers access to its rigorously vetted COE network comprising high-value providers nationwide, upfront all-inclusive bundled pricing with no surprises, and a dedicated 1:1 care navigator to guide members through treatment for the most prevalent and costly conditions including cancer, musculoskeletal, cardiovascular, and bariatric. Providers in Carrum’s COE network offer a minimum 30-day warranty on all surgeries and a two-year coverage on cancer care. Carrum reduces unnecessary procedures by as much as 30% and aligns cost and care incentives to save employers up to 45% per episode of care, as validated by peer-reviewed publications. Carrum’s award-winning technology empowers seamless platform integration, making COE adoption plug-and-play for employers. Founded in 2014, the company is headquartered in San Francisco. Learn more at carrumhealth.com.
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