HMS Holdings appoints new senior vice president of IR
HMS Holdings Corp has appointed Robert Borchert as its new senior vice president of investor relations.
Based in the HMS corporate headquarters in Irving, Texas, Borchert now reports into chief financial officer Jeff Sherman and leads all investor and financial communications activities at HMS.
These include broadening awareness among institutional and other investors and educating current and prospective investors about the company’s business strategy, performance and outlook.
Borchert has more than 25 years of financial and corporate communications experience, as well as extensive healthcare technology and services industry expertise. Educated at Pace University, he holds a BBA in marketing and finance, and has previously worked in senior investor relations roles at MiMedx Group, the Advisory Board Company and MedAssets.
‘[Robert’s] deep industry knowledge, broad corporate communications expertise and extensive experience with the investment community make [him] an ideal addition to the HMS team,’ says Bill Lucia, chairman and CEO at HMS, in a statement. ‘We look forward to working with him to expand and further develop our relations with investors, analysts and the broader financial markets.’
Borchert is a former IR Magazine Awards finalist for best investor relations officer and best overall investor relations in 2002 and 2014, respectively.
He says: ‘I am excited to be joining HMS to support our leadership team in raising awareness of our industry-leading healthcare technology, analytics and engagement solutions that help reduce costs and improve health outcomes.’
Borchert replaces Dennis Oakes, who is retiring after more than four years in the role.
Oakes will continue in a consulting role for a period of time, in order to ensure an orderly transition.
‘I want to thank Dennis Oakes for his important contributions since joining HMS in 2014,’ adds Lucia. ‘He has very effectively helped message our growth story, while fostering strong working relationships with both investors and analysts.’