AdaptHealth Corp. (NASDAQ: AHCO) has appointed Scott Barnhart as its new Chief Operating Officer, effective September 23, 2024. Barnhart brings more than 30 years of leadership experience in global operations, including supply chain management, manufacturing, procurement, logistics, customer service, and product portfolio management.
Prior to joining AdaptHealth, Barnhart served as the Chief Operating Officer of Qurate Retail Group, where he led operational and productivity improvements across the fulfillment center network and last mile customer delivery. He also held senior executive positions at Cardinal Health, where he developed and led a five-year, end-to-end, global supply chain transformation strategy.
Suzanne Foster, Chief Executive Officer of AdaptHealth, noted that the appointment of Barnhart supports the company's efforts to create clear roles and responsibilities, drive effective management, and align the organization's structure to reflect its business processes. She also highlighted that Barnhart's skillsets will help the company advance its commitment to delivering exceptional care to patients while fostering organic growth through disciplined operational excellence.
AdaptHealth Corp. is a national leader in providing patient-centered, healthcare-at-home solutions, including home medical equipment, medical supplies, and related services. The company serves approximately 4.2 million patients annually in all 50 states through its network of approximately 670 locations in 47 states.
As a publicly-traded company, investors and stakeholders will be keen to see how Barnhart's appointment and his expertise in operational improvements will impact the company's performance in the coming quarters. Following these announcements, the company's shares moved 3.6%, and are now trading at a price of $10.45. For the full picture, make sure to review AdaptHealth's 8-K report.
