Jeff Collake has been named vice president of managed care for Covenant Health. Collake will serve as a liaison between Covenant Health and third-party payers and partner healthcare providers. He began his new role in February 2023.
Collake brings extensive financial and managed care experience in Medicare, commercial and Medicaid product lines. He has led large, multi-disciplinary teams and has been successful in strategy development and execution for value-based provider partnerships and contracting. He has extensive experience in managing financial and operational analytic teams.
“It’s an honor to be named the next vice president of managed care for Covenant Health,” said Collake.
Collake previously was regional vice president of operations and regional chief financial officer for Humana Inc., where he oversaw financial operations for all Medicare Advantage product lines in the mid-south region (Tennessee, Alabama and southwest Virginia).
Prior to his role at Humana, he was chief financial officer at Cariten Healthcare in Knoxville, where he also served as vice president of finance and director of accounting. He was a key member of the leadership team in developing the company’s strategic direction, and he oversaw the financial operations of Cariten’s commercial HMO and PPO products, Medicare Advantage and TennCare products.
Earlier in his career, he spent eight years as a controller for Covenant Health’s behavioral health service line, where he supervised accounting and finance activities for a 364-bed multi-facility psychiatric hospital and billing company.
“Jeff brings a wealth of experience and knowledge of financial expertise to this role. He will provide the health system with continued strong leadership of financial operations,” said Chad Clabough, Covenant Health’s senior vice president of managed care and business development.
Collake received a bachelor’s degree in accounting from Tennessee Wesleyan University in Athens and a master’s degree in business administration from Lincoln Memorial University in Harrogate, Tennessee. He earned an associate degree in business administration from Hiwassee College in Madisonville, Tennessee.
Convenant Health provided information for this report.