Randy Forman will join the organization as chief commercial officer and Ryan Powers will take on the role as chief financial officer. Both have sparked high velocity growth for digital health leaders.
At a time where the digital health market is continuing to grow, virtual care organizations like Oshi Health are expanding their leadership team to flow along the digital health wave.
Oshi Health, the virtual specialty care company working to transform gastrointestinal health outcomes and economics, recently announced two digital health veterans have joined its leadership team: Randy Forman as Chief Commercial Officer and Ryan Powers as Chief Financial Officer. Both have sparked high velocity growth for digital health leaders.
The two will play roles in the company’s next phase of growth, helping to scale its clinical team nationwide and creating relationships with health plans, employers, partners, and provider groups, according to Oshi.
This comes at a time where digital health is growing progressively and is expected to reach $1004.03 Billion by 2031, reports a study by Insight Ace Analytic.
Globally, the digital health market is valued at $216.71 billion, as of 2022. The growth rate by 2031 is at 19.07%.
Forman, who has been a part of the digital health incline, was the first commercial employee at Livongo, the digital health pioneer that transformed chronic disease outcomes by combining data and care protocols. There, he created and led the company’s commercial strategy, delivering value across multiple sectors.
“This is a pivotal moment for digestive healthcare as the true magnitude of the problem is just becoming clear, a shift towards behavioral treatments emphasizing the mind-gut connection gains traction, and the industry confronts systemic issues like a lack of access and worsening physician shortages,” said Forman in a release.
Powers joins Oshi from NOCD, the digital behavioral health company that he helped grow from 30 to 300 employees in 2 years. Combining finance, strategy and operational lenses, he is experienced in scaling clinical workforces and operations while instilling quality and preserving culture.
“Oshi Health is building a clinical workforce that could only exist in a virtual care model and redefining the experience of care for patients as well as clinicians,” said Powers. “Its proven clinical outcomes, committed focus, growing network of partners and authentic culture all make it an early market leader in this new era of hybrid collaborative care."
Oshi Health’s virtual multidisciplinary digestive care model is working to transform access and outcomes through high-touch, evidence-based, whole-person care — including often-neglected dietary and psychosocial interventions – as a covered benefit.
Sam Holliday, Oshi Health CEO said he's seeing all stakeholders wake up to the urgency of digitally enabled digestive care and the addition of Powers and Forman will ensure they will scale in all of the right ways.