Girls’s well being firm Tia unveiled key management modifications because it ramps up its concentrate on operations and increasing its clinics.
Co-founder Carolyn Witte, who served as CEO for the reason that firm’s founding eight years in the past, is transitioning to chairwoman of the board and co-founder Felicity Yost, who additionally served as president, will likely be stepping in as interim CEO.
In an e-mail despatched to firm staff, which was posted on LinkedIn Thursday afternoon, Witte stated the transfer will allow her to concentrate on driving technique associated to the way forward for Tia on the board of administrators stage and shift away from main the corporate day-to-day.
“This determination realigns our roles round our respective strengths and abilities in help of what Tia wants right this moment to maximise success for our staff, and influence for our sufferers and well being system companions as we proceed to additional our imaginative and prescient of reworking healthcare for ladies,” Witte wrote.
“Felicity’s operational superpowers and deep institutional data of Tia and our well being system companions make her the optimum chief for Tia’s present wants,” she wrote.
Began in 2017, Tia’s mannequin consists of digital and in-person services, fusing main care, psychological well being and gynecological care with wellness companies like acupuncture in a single built-in expertise. The corporate goals to construct a “trendy medical house for ladies.”
Tia now operates 9 clinics in 4 markets — New York Metropolis, Los Angeles, Phoenix and San Francisco. It plans to open two extra by the tip of the yr. Tia at present serves 40,000 members.
The corporate additionally has inked well being system partnerships to broaden its attain to extra sufferers. A yr in the past, Tia teamed up with Cedars-Sinai to open up clinics within the Los Angeles space.
It marked the third well being system partnership tie-up for the corporate following tie-ups with UCSF Well being in San Francisco in 2022 and CommonSpirit Well being to launch Tia-branded girls’s well being clinics, with an preliminary concentrate on the Phoenix market.
To attain near-term and long-term targets, Witte stated Tia wants a CEO and management staff who excel in operations.
“Tia is effectively past the ‘proof-of-concept’ stage and now within the ‘rinse, repeat and strengthen’ stage, which requires a maniacal concentrate on operational excellence,” she wrote within the e-mail to staff. “That is each a standard and thrilling evolution for an organization at our stage and dimension. Particularly, to hit our near-term monetary targets, we have to ramp up clinics and additional strengthen our unit economics — all whereas sustaining and bettering high quality of care and expertise for our sufferers and companions.”
The corporate additionally is targeted on refining Tia’s longer-term technique to set it up for continued progress in a “quickly evolving main care and girls’s healthcare market.”
The corporate is also eyeing alternatives to broaden and serve extra sufferers as girls’s well being entry dwindles and outcomes worsen, Witte famous. “I’m motivated to spend extra time making certain Tia can seize the suitable enlargement alternatives on the proper time to additional our mission and enterprise for the long-run.”
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