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MedOptions Appoints New Roles Within Senior Leadership Ranks

OLD LYME, CT–Thomas McInerney, newly appointed CEO of MedOptions, the nation’s leading provider of behavioral health services to skilled nursing and assisted living facilities, announced that Richard Nankee has been named CFO and Nicholas Mercadante, former vp of payor relations, has been promoted to president and COO. Mercadante will retain his role as general counsel.

Joining MedOptions in October 2017, Nankee has already begun making an impact within the organization. His prior experience includes work across multiple industries spanning the insurance, manufacturing, and healthcare sectors, both in “for profit” and “non-for profit” capacities. He has had a variety of roles in his career including controller, vp of corporate finance, CFO, and divisional CFO within entities ranging from $20M to $340M in annual revenue. Nankee received a B.S. in accounting/finance from Southern Connecticut State University and an M.B.A. in finance from Indiana University’s Kelly School of Business.

“I’m excited for this opportunity with MedOptions to lend my experience in helping the Company execute upon its goals and capitalize upon the robust growth of this marketplace,” Nankee said.

Mercadante has been a member of the MedOptions team since July 2015. Initially serving as general counsel and vp of payor relations, he now transitions to a senior operational leadership role. He has held numerous roles in healthcare and representing client interests as an attorney.

Mercadante is an active member of the American Health Lawyers Association, the Association of Corporate Counsel, and the Health Care Compliance Association. He is licensed to practice law in Connecticut, New Jersey, and Texas. He obtained his J.D. from Tulane UniversityLaw School and holds certifications in international and comparative law, as well as alternative dispute resolution. He received his undergraduate degree from Fairfield University.

“I look forward to helping MedOptions achieve growth and success as the national leader in geriatric behavioral health care in the long-term care space,” Mercadante commented. “The healthcare landscape is rapidly progressing towards value-based and outcome-driven care. I’m excited to apply my patient-first philosophy and experience in healthcare legal practice and management to help MedOptions achieve its goals.”

McInerney noted, “These two executive appointments help to round out our leadership team as we aggressively take advantage of market opportunities, and I am proud to be partnering with both Rich and Nick in their new roles. Rich’s breadth of experience and results-driven philosophy made him a natural choice as CFO, and Nick brings a unique background, vast knowledge of the healthcare industry and a progressive management style to the COO role.”