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Getting the latest healthcare news for you
Getting the latest healthcare news for you
Johns Hopkins Health Plans (JHHP) has appointed CFO Daniel Chojnowski as interim CEO after its previous chief, James Holland, departed to lead Humana's Medicaid division. The Baltimore-area insurer, which covers nearly 400,000 members, posted a ~$45M loss in its most recent fiscal year. The move reflects broader turbulence hitting provider-owned health plans nationwide.
Johns Hopkins Health Plans (JHHP) is navigating a leadership transition, naming CFO Daniel Chojnowski as interim CEO while it conducts a full-time search for a permanent successor. The move comes after former CEO James Holland exited after seven years to lead Humana's Medicaid division. JHHP described Chojnowski as embodying the "modern CFO" — a strategic partner, not just a numbers manager — signaling confidence in his ability to steady the ship during the search.
The leadership change arrives at a tough moment for the insurer. JHHP lost roughly $45 million in its most recent fiscal year, even as it pulled in $2.5 billion in premium revenue, with operating expenses outpacing income. The regional plan covers nearly 400,000 members across Maryland and the Mid-Atlantic, offering Medicare Advantage, Tricare, Medicaid, and employer-sponsored coverage.
JHHP isn't alone in its struggles. Provider-owned health plans across the country are feeling the squeeze from rising medical costs and underwhelming government reimbursement rates — with Providence's insurance arm shutting down entirely and Baylor Scott & White pulling back from Medicaid and ACA markets.
By the Numbers:
Why it matters: The financial strain on provider-owned health plans signals a deepening crisis in the managed care space, raising questions about the long-term viability of insurer-provider hybrid models — and what that means for member access and care continuity.
