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Aver Inc. Names Michele Kothe Chief Financial Officer

COLUMBUS, OH--(Marketwired - February 18, 2016) - Aver Inc., leader in helping the industry transition from fee-for-service to fee-for-value, and provider of a patented data management platform that simplifies the healthcare reimbursement process, has appointed Michele Kothe as Chief Financial Officer.

Kothe joins Aver from HealthSpot, Inc., a telemedicine company that delivers kiosks to health systems and the retail pharmacies, where she served as CFO since 2013.

"I am honored to be joining the Aver team at this exciting time in healthcare transformation," said Kothe. "The solutions Aver has developed are helping its customers shift to fee-for-value at a crucial time in the healthcare industry, and I look forward to joining those efforts."

Kothe brings 16 years of financial experience to her new role, with a deep background in early stage technology companies. Prior to her time at HealthSpot, she held multiple roles at Pinnacle Data Systems, Inc. and technology startup Fugent, Inc. Kothe began her career at PwC in its Assurance & Business Advisory Services practice.

"Michele's strong background in finance for startup and healthcare companies makes her an ideal choice to lead us into our next phase of growth," said Nick Augustinos, CEO of Aver. "We are thrilled to have someone with her expertise joining the team and contributing to our continued success."

Kothe is a certified public accountant and earned her Bachelor of Science in Business Administration and Master of Science in Accounting degrees from The Ohio State University. She received the Columbus Business First C-Suite Award in 2015.

About Aver Inc.

Founded in 2010 and headquartered in Columbus, Ohio, Aver, through its Aver CloudTMsuite of products, allows its customers to transition seamlessly from fee for service to value-based reimbursement. By analyzing vast amounts of data available in current healthcare systems, Aver packages patient care services to create bundled payments and related reports. The Aver Cloud enables the creation, management, insight, and payment processing for fee-for-value payment programs. Aver's solutions support commercial, Medicare, and Medicaid plans as well as health care providers in managing delivery costs and reimbursement solutions. For more information, visit www.aver.io.

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