Precedence Well being Names New President
GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Precedence Well being welcomes Praveen Thadani as the corporate’s new president, efficient in early January. The announcement comes after a rigorous search course of for a frontrunner of the third-largest provider-sponsored well being plan within the nation—serving over 1,000,000 members yearly.
“Praveen is a transformative health care leader with extensive industry experience and a passion for innovation and developing talent,” mentioned Tina Freese Decker, President & CEO of Spectrum Well being, the built-in system that features Precedence Well being. “His commitment to building relationships with members, employers, agents and providers will help us maintain the momentum we have created as we continue working to provide affordable access to care and have a positive impact on the communities we serve.”
Thadani’s 25-year well being care profession contains expertise managing shopper, business and authorities well being plan merchandise. Thadani brings a ardour for remodeling the trade together with a profitable background in companies and packages that handle medical price, growth of value-based supplier packages, new product growth, plan innovation and distinctive market packages. Early in his profession, Thadani helped develop a patented insurance coverage platform—Interactive Well being Insurance coverage System—that was designed to activate shopper decision-making on the level of service.
“Priority Health is a nationally recognized health plan with innovative products, digital solutions and a strong leadership team,” mentioned Thadani. “I’ve admired the work of Priority Health for many years, particularly its focus as a nonprofit company with a commitment to lowering the cost of care while focused on leveraging digital solutions, analytics and integration to drive more personalized experiences that improve the health of the community. I am honored to have been selected for this role and am excited about collaborating to achieve the vision of personalized health made simple, affordable and exceptional.”
Previous to becoming a member of Precedence Well being, Thadani held quite a lot of management roles with Humana, most not too long ago serving as senior vp of technique, product and medical price. On this position, Thadani was chargeable for main strategic planning for a number of traces of enterprise. Thadani led a multi-year business technique that resulted in important development for the corporate, in addition to the launch of quite a lot of progressive new packages and partnerships. Thadani’s expertise additionally contains greater than 12 years with UnitedHealth Group and Optum the place he held a number of roles encompassing technique, development, operations and integrations. Thadani additional rounded his experiences with consulting, public well being and supplier experiences.
Thadani accomplished his Bachelor of Science and Grasp of Public Well being from the College of Illinois. He additionally earned a Grasp of Science in Well being Programs Administration from Rush College.
“I’m confident Praveen’s leadership, broad experience and appreciation for our integrated system will allow us to continue our excellent service and grow our membership,” mentioned Michael Sytsma, board chair, Precedence Well being. “I believe that our thorough, national search to select the next president of Priority Heath has helped us identify a great leader in Praveen that will build on the success the company has already achieved.”
Freese Decker partnered with the Furst Group to conduct a nationwide seek for the president of Precedence Well being. The Furst Group is ranked as one in all Trendy Healthcare’s 10 largest healthcare government search companies and one in all America’s Finest Government Search Companies by Fintech Zoom.
Joan Budden has served as president and CEO of Precedence Well being since 2016 and is acknowledged for her many contributions to the corporate and group. She’s going to stay lively in her present position till she begins her retirement on January 1, 2021.
About Precedence Well being
With over 30 years in enterprise, Precedence Well being is the second largest well being plan in Michigan providing a broad portfolio of well being advantages choices for employer teams and people, together with Medicare and Medicaid plans. Serving multiple million members every year and providing a community that features 97 % of major care physicians in Michigan, Precedence Well being continues to be acknowledged as a frontrunner for high quality, customer support, transparency and product innovation. Precedence Well being is the good selection for individuals looking for reasonably priced, high quality well being protection.
About Spectrum Well being
Spectrum Well being System, a not-for-profit, built-in well being system, is dedicated to enhancing the well being and wellness of our communities. We dwell our mission day-after-day with 31,000 compassionate professionals, 4,600 medical employees consultants, 3,300 dedicated volunteers and a well being plan serving 1 million members. Our proficient physicians and caregivers are privileged to supply a full continuum of care and wellness companies to our communities by means of 14 hospitals, together with Helen DeVos Kids’s Hospital, 150 ambulatory websites and telehealth choices. We pursue well being care options for immediately and tomorrow that diversify our choices. Regionally-governed and based mostly in Grand Rapids, Michigan, our well being system supplied $585 million in group profit in fiscal 12 months 2019. Because of the generosity of our communities, we acquired $30 million in philanthropy in the newest fiscal 12 months to help analysis, teachers, innovation and medical care. Spectrum Well being has been acknowledged as one of many nation’s 15 High Well being Programs by Truven Well being Analytics®, a part of IBM Watson Well beingTM.