TwelveStone adds PE exec as president
By HME News Staff
Updated 10:08 AM CDT, Wed September 18, 2024
MURFREESBORO, Tenn. - TwelveStone Health Partners, a provider of comprehensive chronic care medication services, has named Jay McKnight as president, reporting to CEO Shane Reeves. McKnight joins TwelveStone after a two-year stint as operating partner at Varsity Healthcare, a private equity firm. “We are thrilled to have Jay join TwelveStone at this pivotal juncture in our organizational development,” said Reeves. “Given my schedule as a Tennessee State Senator and founder of TwelveStone, having expertise in operational optimization will be a significant benefit as we prepare for hyper growth.” Prior to Varsity, Jay served as CFO and then president and CEO of post-acute care provider, Diversicare Healthcare Services. At TwelveStone, McKnight will be focused on leveraging his experience with mergers and acquisitions, technology integration and operational process development to scale and prepare underlying business functions for continued aggressive growth. “I look forward to collaborating with Shane to achieve his vision for TwelveStone,” said McKnight. “I have great respect for what Shane and the team have built and really appreciate the culture and incredible patient experience delivered by TwelveStone.”
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Related: TwelveStone recently sold its long-term care and MEDIpack service lines to Middle Tennessee Pharmacy Services in a move to narrow its focus on its rapidly growing infusion service business, which includes 21 centers in the southeastern U.S. across Georgia, Virginia, Kentucky and Tennessee.
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