Recent Updates
Recently added Catalysts
ONMD Positive Sentiment Score: 80/100

OneMedNet Announces CEO Succession Plan ~ President, Aaron Green, Assumes Role of Chief Executive Officer ~ ~ CEO, Paul Casey, Announces Retirement and Shift to Active Advisory Role to Guide Transition Successfully ~ ~ C

Key Takeaway: OneMedNet Corporation has announced the appointment of Aaron Green as the new Chief Executive Officer following the retirement of Paul Casey, who will remain on the Board to ensure a smooth transition. Green brings over 20 years of experience in healthcare IT, having previously led significant initiatives at Change Healthcare and Optum Insights. Under his leadership, OneMedNet added four large strategic partners, nearly doubling its clinical data network, and has reported a year-over-year growth in bookings of 15%. This leadership change is seen as a strategic move to continue the company's operational momentum in the growing field of regulatory-grade imaging data.

Market Sentiment Analysis

POSITIVE FACTORS

  • Aaron Green has extensive experience and a strong track record in healthcare IT leadership.
  • The company has already established new strategic partnerships that significantly enhance its clinical data network.
  • The transition plan appears to be smooth, reflecting strong succession planning by the board.

Full Press Release Details

Announces CEO Succession Plan
President, Aaron Green, Assumes Role of Chief Executive Officer ~
CEO, Paul Casey, Announces Retirement and Shift to Active Advisory Role to Guide Transition Successfully ~
Casey to Remain on Board Post-Transition ~
MN - (ACCESSWIRE) OneMedNet Corporation (Nasdaq: ONMD), the leading curator
of regulatory-grade imaging Real World Data ("iRWDTM"), today announced that its
President, Aaron Green, has assumed the role of President and Chief Executive Officer, in addition to an appointment to OneMedNet's
Board of Directors. Mr. Green will succeed CEO, Paul Casey, who has announced his retirement and who will continue to serve on the Board
Green is a seasoned public company executive and healthcare
IT leader, with more than 20 years of experience including an impressive track record of driving
growth, leading business transformations and creating shareholder value. As President and CEO, Green will lead all facets of OneMedNet's
business involving its iRWD offering, including R&D, product, strategy, and sales across global markets. Under Mr. Green's
leadership, the Company has successfully added four new large strategic partners which nearly doubles OneMedNet's clinical data
Network in 2024 to-date, and has already contributed to growth in bookings of 15% year-over-year.
to joining OneMedNet, Green served as General Manager Radiology Imaging at Change Healthcare, and most recently as Vice President Cloud
Solutions, at Optum Insights, where he was responsible for developing and exceeding the P&L, Bookings, Revenue and EBITDA targets
of its Cloud Solution lines. Prior to Change Healthcare, he spent 15 years at McKesson growing to Division Vice President, Sales where
he led executives, salespersons and staff across the US, Canada, and the US-government territories.
Casey, commented, "Upon accepting the role of CEO in 2022, my goal was to properly position the Company for public life, and we've
successfully completed this milestone with our IPO in November 2023. Aaron's past successes as a business leader within the healthcare
IT industry and necessary relevant public company experience made him the perfect candidate to assume the CEO role upon my retirement.
Since Aaron joined, I have confidence that Aaron's many years of successful executive leadership coupled with the depth of
his direct industry expertise offered the necessary talent to drive OneMedNet forward. Having worked daily with Aaron since he assumed
the role of President, the time is right for us to complete this leadership transition. OneMedNet could not be in better hands, and I
look forward to working with Aaron to ensure a smooth and more importantly, successful transition. It is my privilege to hand over the
am honored to be named, and eager to assume the CEO position here at OneMedNet," commented Green. "I would like to thank
Paul for demonstrating solid leadership through OneMedNet's structural shift and the mentorship he has provided to not only myself
but the entire OneMedNet team. I would also like to thank the Board of Directors for placing its trust in me to serve as the next CEO
leadership and commitment to OneMedNet, our employees and our investors has been invaluable. On
behalf of the entire OMN team, I want to thank Paul for the tremendous impact he has had on our team and business during his time with
the Company, and I look forward to continuing to work closely with Paul and appreciate the important role he'll play in setting
his successor up for success," said Dr. Jeffrey Yu, OneMedNet's Founder Chief Medical Officer, and Chairman.
CEO transition from Paul to Aaron is a direct reflection of the Board's mindful succession planning and our confidence that the
Company will see continued operational momentum as Aaron assumes the role of CEO," added Dr. Jeffrey Yu. "Aaron embodies
our values of quality and commitment to responsiveness in clinical imaging and curation of iRWDTM
based upon success in compiling one of the largest networks of imaging centers, comprised of hospitals, imaging centers and clinics,
throughout the United States, Canada, United Kingdom, and growing covering more than 47 million patients to date," concluded Dr.
OneMedNet Corporation
in 2009, OneMedNet provides innovative solutions that unlock the significant value contained within the clinical data repositories of
healthcare providers. OneMedNet's robust iRWD platform provides secure, comprehensive management of diverse clinical data types,
including electronic health records (EHR), laboratory results, medical imaging data. Employing its proven OneMedNet iRWD platform,
OneMedNet securely de-identifies, searches, and curates a data archive locally, bringing a wealth of internal and third-party research
opportunities to healthcare providers. By leveraging this extensive federated provider network, together with industry leading technology
and in-house clinical expertise, OneMedNet successfully meets the most rigorous RWD Life Science requirements. Our commitment to leveraging
real-world data translates into healthcare innovations, setting new standards in patient care and advancing the future of medicine. For
more information, please visit www.onemednet.com.
Devine / Rory Rumore
Wong, Director of Marketing

Frequently Asked Questions

Who is the new CEO of OneMedNet Corporation?

Aaron Green has taken over as Chief Executive Officer of OneMedNet Corporation.

What role does Paul Casey have post-retirement?

Paul Casey will continue to serve on OneMedNet's Board after his retirement.

What experience does Aaron Green bring to his new role?

Aaron Green has over 20 years in healthcare IT, leading business transformations and growth.

How has OneMedNet performed under Green's leadership?

Under Green, OneMedNet added four strategic partners and saw a 15% growth in bookings.

What is OneMedNet's focus area?

OneMedNet specializes in regulatory-grade imaging Real World Data (iRWD).

Last updated: Apr 2, 2024