AVAH AVEANNA HEALTHCARE HLDGS INC

Aveanna Healthcare Holdings Announces Appointment of New Director

Aveanna Healthcare Holdings Announces Appointment of New Director

ATLANTA, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH), a leading, diversified home care platform focused on providing care to medically complex, high-cost patient populations, today announced the appointment of Brent Layton to serve as a Class III director of the Board of Directors of Aveanna Healthcare Holdings Inc., and additionally as a member of the Audit Committee of the Board, effective November 1, 2024.

“I am delighted to announce the appointment of Brent Layton to our Aveanna Board of Directors. Brent brings a wealth of healthcare knowledge from over 20 years of leadership at Centene Corporation. Brent’s experience working with state and federal healthcare policy makers and managed care organizations will be invaluable as we continue to grow and execute our strategic plans. Brent will be a wonderful addition to our Board and will provide support to Jeff and the entire management team.” said Rod Windley, Chairman of the Board of Aveanna.

Brent Layton, age 57, currently serves as Chief Executive Officer of Sharecare, a digital healthcare company that delivers software and tech-enabled services to stakeholders across the healthcare ecosystem. He has served in this role since January 2024. Formerly the president and chief operating officer of Centene Corporation, a Fortune 25 company, Brent served in many roles and capacities over more than 20 years. As president and COO, he oversaw the company’s healthcare offerings, including 31 state Medicaid health plans; Ambetter, the nation’s largest health insurance exchange provider; and WellCare, the nation’s sixth largest Medicare Advantage company. A native of Cartersville, Georgia, Brent earned his bachelor’s degree from the University of Georgia. “I am excited to join the Aveanna Family as a Director. I have dedicated my professional career to building a stronger, more efficient healthcare delivery model in this country, and believe strongly in the Aveanna story and the value they bring to patients as well as government and payor partners. I look forward to working with Rod, Jeff and the Board at Aveanna in executing the Company’s mission and continuing to build success as a leader in value-based care in the home,” said Brent Layton.

“It is a pleasure to welcome Brent to our Aveanna Family. I look forward to partnering with Brent as we continue to fulfill our Mission. Brent’s wealth of knowledge and experience with Payors and Government Agencies will help guide our team in the further development of our preferred partnerships.” said Jeff Shaner, Chief Executive Officer of Aveanna.

About Aveanna Healthcare

Aveanna Healthcare is headquartered in Atlanta, Georgia and has locations in 33 states providing a broad range of pediatric and adult healthcare services including nursing, rehabilitation services, occupational nursing in schools, therapy services, day treatment centers for medically fragile and chronically ill children and adults, home health and hospice services, as well as delivery of enteral nutrition and other products to patients. The Company also provides case management services in order to assist families and patients by coordinating the provision of services between insurers or other payers, physicians, hospitals, and other healthcare providers. In addition, the Company provides respite healthcare services, which are temporary care provider services provided in relief of the patient’s normal caregiver. The Company’s services are designed to provide a high quality, lower cost alternative to prolonged hospitalization. For more information, please visit .

Investor Contact

Matt Buckhalter

Chief Financial Officer



EN
04/11/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on AVEANNA HEALTHCARE HLDGS INC

 PRESS RELEASE

Aveanna to Participate at the 43rd Annual J.P. Morgan Healthcare Confe...

Aveanna to Participate at the 43rd Annual J.P. Morgan Healthcare Conference ATLANTA, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Aveanna Healthcare Holdings Inc. (“Aveanna”) (NASDAQ: AVAH) today announced that its management team will attend the 43rd Annual J.P. Morgan Healthcare Conference in San Francisco on January 15, 2025. Management will present at 10:30 a.m. PST followed by 1x1 investor meetings on the same day, January 15, 2025. Interested investors and other parties may also listen to a simultaneous webcast of the presentation by logging onto the Investor Relations section of the Company’...

 PRESS RELEASE

Aveanna Healthcare Holdings Announces Third Quarter 2024 Financial Res...

Aveanna Healthcare Holdings Announces Third Quarter 2024 Financial Results and Revised 2024 Outlook Third Quarter Revenue was $509.0 million, a 6.5% increase over the prior year period Gross margin increased 8.4% to $159.7 million, compared to Q3 2023 Third Quarter Net loss was $42.8 million, compared to net loss of $102.4 million in the comparable prior year period Adjusted Net income was $4.6 million, an increase of $9.3 million over the comparable prior year period Adjusted EBITDA was $47.8 million, a 32.2% increase as compared to the prior year periodFull Year 2024 Revenue guidance rais...

 PRESS RELEASE

Aveanna Healthcare Holdings Announces Appointment of New Director

Aveanna Healthcare Holdings Announces Appointment of New Director ATLANTA, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH), a leading, diversified home care platform focused on providing care to medically complex, high-cost patient populations, today announced the appointment of Brent Layton to serve as a Class III director of the Board of Directors of Aveanna Healthcare Holdings Inc., and additionally as a member of the Audit Committee of the Board, effective November 1, 2024. “I am delighted to announce the appointment of Brent Layton to our Aveanna ...

 PRESS RELEASE

Aveanna to Participate Virtually at the Stephens Annual Investment Con...

Aveanna to Participate Virtually at the Stephens Annual Investment Conference ATLANTA, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Aveanna Healthcare Holdings Inc. (“Aveanna”) (NASDAQ: AVAH) today announced that its management team will attend the Stephens Annual Investment Conference. Management will host virtual 1x1 investor meetings on Friday, November 22, 2024. About Aveanna Healthcare Aveanna Healthcare is headquartered in Atlanta, Georgia and has locations in 33 states providing a broad range of pediatric and adult healthcare services including nursing, rehabilitation services, occupational...

 PRESS RELEASE

Aveanna Announces Third Quarter 2024 Earnings Release Date and Confere...

Aveanna Announces Third Quarter 2024 Earnings Release Date and Conference Call ATLANTA, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Aveanna Healthcare Holdings Inc. (“Aveanna”) (NASDAQ: AVAH) today announced that the company will release its third quarter results before the market open on Thursday, November 7, 2024, to be followed by a conference call at 10:00 a.m. (Eastern Time) on the same day. The conference call can be accessed live over the phone by dialing 1-877-407-0789 or for international callers, 1-201-689-8562. A replay will be available three hours after the call and can be accessed by...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch