AdaptHealth names new CEO
By HME News Staff
Updated 8:52 AM CDT, Thu April 18, 2024
PLYMOUTH MEETING, Pa. – AdaptHealth has named Suzanne Foster as its CEO, taking over from interim CEO and chairman of the board Richard Barasch.
Foster, who will assume leadership on May 20, brings more than 25 years of health care experience as a purpose-driven leader with a strong-track record of leading growth businesses in the health care market, specifically in-home care, life sciences, medical devices, supply chain and distribution, and health care technology. She most recently worked at Danaher Corporation, where she served as president of Beckman Coulter Life Sciences, a global provider of biomedical technologies and laboratory instruments. Previously, Foster served as the president of Cardinal Health At-Home Solutions; president of Stanley Healthcare, a Stanley Black & Decker business; and general manager of Medtronic Advanced Energy.
“I am excited to join AdaptHealth and to lead the company into its next phase of growth, building on the positive momentum that has been established and capitalizing on the many opportunities ahead of us,” Foster said. “I look forward to leveraging the lessons I have learned in my prior roles by working closely with the AdaptHealth team to execute on key initiatives and to continue to deliver value to the company’s customers and stakeholders.”
Barasch became interim leader last fall after AdaptHealth and Crispin Teufel, who had been tapped to replace Steve Griggs, agreed to part ways. Barasch will remain as chairman of the board until June 30, after which he has agreed to serve as needed at the request of Foster and the AdaptHealth board of directors as a special adviser to the CEO.
“We want to express our sincere appreciation to Richard for taking on the role of interim CEO,” said Dale Wolf, director. “Under his leadership, the company delivered consistent results in our core business, strengthened the management team and established a strategy to seize on value-based care opportunities. We are grateful for his dedication to AdaptHealth and know he is delivering a healthy business to Suzanne.”
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