Nothing Interim to WellCare CEO's Work
The interim CEO of WellCare Health Plans says he’s trying to move past the company’s troubles and focus on expanding its Medicare, Medicaid and prescription drug business, the Tampa Bay Timesreports.
Dave Gallitano, the WellCare board chairman who led the ouster of the Tampa-based firm's most recent CEO last November, has made significant changes the past six months.
He’s overseeing the standardization of WellCare’s Medicare and Medicaid plans, which previously were designed to each of the 49 states where it operates, the Times reports. He also told the Times he is struggling to find enough qualified candidates to fill the company’s 1,000 open jobs, especially in Tampa, where the publicly traded company already has 3,200 workers.
And the 66-year-old retired executive is overseeing the search for a permanent replacement. WellCare, which reported $9.5 billion in revenue in 2013, also is searching for a chief financial officer, according to the Times.
All of this comes as WellCare works to revamp its image. WellCare’s ex-CEO Todd Farha and two other executives this month were sentenced to time in federal prison for their role in a Medicaid fraud scheme.