Adam Boehler, HHS deputy administrator and director of CMS' Center for Medicare and Medicaid Innovation, has been nominated for another federal position.
President Donald Trump selected Boehler to be CEO of the U.S. International Development Finance Corp., an agency recently formed under the Trump administration and charged with overseeing finances of projects in foreign countries.
In a tweet Wednesday, CMS Administrator Seema Verma congratulated Boehler on his nomination.
"You have taken your private sector success as an investor and entrepreneur and made a significant, lasting impact at CMS and CMMI," she said.
Boehler has been CMS Innovation Center director for about a year and since then has led the launch of several value-based payment models including a direct contracting option.
Prior to joining HHS, Boehler was the founder of home healthcare company Landmark Health, which assumed risk for its more than 80,000 patients, many of whom are chronically ill or elderly. He also founded Avalon Healthcare Solutions, a laboratory benefit services company.
The new agency he's been tapped to head isn't healthcare-focused. The U.S. International Development Finance Corp. was formed in 2018 through the combination of two agencies: the Overseas Private Investment Corp. and the Development Credit Authority.