WellSky, a global health and community care technology company, today announced that Akash Raj has joined WellSky as Chief Financial Officer (CFO), effective immediately. With extensive experience with Fortune 500 companies, Raj has a proven track record of providing operational and financial leadership that drives value creation.
Throughout his career, Raj has led multiple Fortune 500 companies through unprecedented periods of growth and strategic transformation. With a history of building strong, diverse teams focused on driving robust business planning and execution rigor, optimal capital returns, effective corporate controls, and decision support analytics, Raj will serve as a key member of the WellSky leadership team as the company further equips health and community care providers with the solutions and services needed to realize care’s potential.
“Akash brings a wealth of experience in leading finance organizations at established companies,” said Bill Miller, CEO of WellSky. “His acute understanding of software and services and capital deployment will help WellSky execute on our strategic initiatives to empower our clients with innovative solutions that prepare them for success in today’s rapidly changing landscape. With the addition of Akash, WellSky is well positioned to further invest in our market-leading capabilities and expand our impact.”
WellSky provides technology and services to more than 20,000 healthcare and community care clients across the globe and has experienced double-digit growth in each of the last four years. The company’s suite of solutions includes electronic health record (EHR) software, care management technology, data analytics, and advisory, outsourced, and managed services. In his new role as CFO, Raj will be responsible for financial operations to ensure continued and sustained long-term company growth.
“I’m excited to join WellSky during this period of exponential growth and expansion,” said Raj. “WellSky has established itself as an industry leader with a strategic vision for connecting the care continuum to improve health outcomes and lower costs. I look forward to working with the company’s talented leadership team and board of directors and applying my cumulative experience to support business initiatives and drive enterprise value creation.”
Prior to today’s announcement, Raj served in multiple roles of increasing responsibility since joining Motorola in 2013. Most recently, Raj was Senior Vice President and CFO of Motorola Solutions Inc.’s (MSI) $2.8B Software and Services segment, focusing on driving double-digit growth, operating earnings expansion, and transitioning the company to recurring revenues. He also served as the leader of MSI’s $600M UK software and services business.
Prior to Motorola, Raj was a nine-year member of the General Motors corporate finance and treasury team, where he held various leadership positions across risk management, business development, capital markets, and corporate restructuring. He played a key role in preparing the company for its initial public offering (IPO). He also developed a new drivers-based operating and financial model that allowed the company to improve scenario planning and operate more profitably. Prior to General Motors, Raj began his career with Infosys Technologies and Hewlett-Packard.
Raj is a CFA Charterholder and received his Master of Business Administration degree from the Darden School of Business at the University of Virginia and his Bachelor of Engineering degree in Electrical and Electronics from Bangalore University.
For more information, visit WellSky.com.
WellSky is a technology company leading the movement for intelligent, coordinated care worldwide. Our next-level software, analytics, and services power better outcomes and lower costs for stakeholders across the health and community care continuum. In today’s value-based care environment, WellSky helps providers, payers, health systems, and community organizations solve tough challenges, improve collaboration for growth, harness the power of data analytics, and achieve better outcomes by further connecting clinical and social care. WellSky serves more than 20,000 client sites around the world — including the largest hospital systems, blood banks, cell therapy labs, blood centers, home health and hospice franchises, post-acute providers, government agencies, and human services organizations. Informed by more than 40 years of providing software and expertise, WellSky anticipates clients’ needs and innovates relentlessly to ultimately help more people thrive. For more information, visit WellSky.com.