He also served as the chairman of the board of directors for DearbornLife Insurance Company, a subsidiary of HCSC. I am honored to lead HCSC, a company that for more than 90 years has focused on innovation, execution and through the dedication of our nearly 24,000 employees helped expand access to quality, cost-effective health care to all Americans, said Maurice Smith.
Health Care Service Corporation Names Maurice Smith New Chief - HCSC some sites may require you to agree to their terms of use and privacy policy.
Health Care Service Corporation Names Maurice Smith New Chief Executive HCSC, by contrast, has been more cautious on deal-making. Get Hcsc company's verified contact number +1*****725, web address, revenue, total contacts 528, industry Healthcare, Pharmaceuticals, & Biotech and location at Adapt.io Most PDF readers are a free download. See Maurice S Smith's compensation, career history, education, & memberships. 11% of HCSC employees are Black or African American. Health Care Service is the parent of Blue Cross and Blue Shield plans in Illinois, Texas, Oklahoma, New Mexico and Montana. He has been a member of the Roosevelt Board of Trustees since 2017. CHICAGO - Health Care Service Corporation (HCSC) announced today that its Board of Directors has named current president, Maurice Smith, as chief executive officer and president, effective June 1, 2020.At that time, David Lesar, will step down as the company's interim CEO; he will remain a member of the Board of Directors. "The person that is the right leader for the last five years may not necessarily be the right person for the next five," says Nate Akers, associate director of health care at Chicago-based Navigant Consulting.
CHICAGO - Health Care Service Corporation (HCSC) announced today that its Board of Directors has named current president, Maurice Smith, as chief executive officer and president, effective June 1, 2020.At that time, David Lesar, will step down as the company's interim CEO; he will remain a member of the Board of Directors. All Rights Reserved.
Health Care Service Corporation Announces Leadership Changes Steiner and Feldstein could not be reached for comment. Opinions expressed by Forbes Contributors are their own. Health Care Service Corporation (HCSC), the nation's largest customer-owned health insurer, today announced the departure of President and CEO Paula Steiner, who led the organization since 2016. This documentary-style series follows investigative journalists as they uncover the truth. Maurice Smith, who is 48 years old, will become chief executive officer and president of Health Care Service effective June 1 when he will replace interim CEO David Lesar who will remain a member of the companys board of directors, the insurer said Tuesday. Roosevelt University alum Maurice Smith, President and Chief Executive Officer of Health Care Service Corporation (HCSC), has been named chair of the Roosevelt University Board of Trustees. Maurice previously was President of Blue Cross and Blue Shield of Illinois, the state's largest health insurance . The company reported annualized return on capital of greater than 40% through the first half of 2018, where achieving a high single-digit ROC would be consistent with Fitch's median guideline for the current rating category. Maurice also oversaw HCSCs subsidiaries and served as the Chairman of Dearborn National Life Insurance Company. Maurice Smith is President and Chief Executive Officer (CEO) of Health Care Service Corporation (HCSC). Career. Maurice Smith President at Maurice Smith Productions . Meanwhile, last year was a banner year for HCSC. some sites may require you to agree to their terms of use and privacy policy. Greg Thompson Maurice Smith, who took the helm last June, got a 63 percent boost to $5.9 million, while longtime board Chairman Milton Carroll's pay jumped 81 percent to $8.9 million. Yet in 2015, Fitch Ratings assessed its financial strength still at 'A+' and gave it an 'A' for likelihood of default and senior unsecured rating. Maurice Smith is President and Chief Executive Officer (CEO) of Health Care Service Corporation (HCSC). A Mutual Legal Reserve Company, HCSC is an independent licensee of the Blue Cross and Blue Shield Association. Health Care Service Corp. has named a new chief executive with a three-decade history working for the company to lead the parent of Blue Cross and Blue Shield plans in five states. Health Care Service Corporation Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Suite 3200 http://access.adobe.com. Blue Cross & Blue Shield of Illinois recently opened the Blue Door Neighborhood Center in Pullman, which aims to connect residents with community resources.
Maurice Smith - Savoy Health Care Service is the nations fifth-largest health insurer with nearly 16 million health plan members. Companies are positioning themselves to become not only insurers but providers of services by building more efficient delivery systems that they can control, Pliss says. Jim Connor, chairman and CEO of Duke Realty Corporation, was elected to serve as Board of Trustees vice chair.
Maurice Smith - AHIP Lesar said he is "pleased that Maurice will lead HCSC at this critical time for . To view this file, you may need to install a PDF reader program. This new site may be offered by a vendor or an independent third party. Bloomberg's Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries.
Jennifer Knable - Data Analyst - University of Chicago | LinkedIn Maurice Smith . With 16 million members, HCSC's revenue increased 10 percent to $35.9 billion last year. Smith holds a bachelor's degree in business administration from Roosevelt University and an MBA from Pepperdine University. The nation's biggest health insurance company paid $13 billion for pharmacy benefit manager Catamaran in 2015 and spent additional billions acquiring physicians groups, including the $4.3 billion purchase of DaVita Medical Group in June. As of 2014[update], HCSC was the country's largest nonpublic health insurer and the fifth-largest health insurer overall, with more than 16 million members. One option is Adobe Reader which has a built-in screen reader. The site may also contain non-Medicare related information. The company has about 24,000 current employees and is expected to add about 1,000 new jobs in customer and provider service, technology and digital capabilities this year, according to Thompson. Copyright document.write(new Date().getFullYear()) Health Care Service Corporation. Last year's $70 billion merger of Aetna and CVS Health joined one of the nation's largest health insurers with its biggest pharmacy chain.
Ventas appoints Maurice Smith, CEO of HCSC, to board of directors Fertilizer giant slashes HQ space with move to Northbrook, Big Streeterville retail complex hits the market, Pritzker vows to keep Ken Griffin's pick for president out of the White House, ABC 7 promotes two anchors to replace Alan Krashesky. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Some directors want the insurer to broaden its service capabilities as other large health insurers have done. http://access.adobe.com. maurice smith hcsc wife. File is in portable document format (PDF). Their struggles were hardly surprising, given the substantial changes in the roster coach Luke Richardson is working with. At that time, David Lesar, will step down as the companys interim CEO; he will remain a member of the Board of Directors.
Maurice Smith - Greater Chicago Area | Professional Profile - LinkedIn And to better control the cost and quality of medical care, it's opening 10 primary care clinics in Dallas and Houston next year. Other big insurers, meanwhile, have engineered multibillion-dollar transactions that obliterate traditional boundaries between insurers, pharmacies and doctors.
Blue Cross and Blue Shield of Texas Parent HCSC Names Maurice Smith New maurice smith hcsc wife Thompson said the company doesnt plan any additional job cuts. Blue Cross and Blue Shield of New Mexico is a division of HCSC, a . Smith was named CEO of HCSC in 2020, when he was also recognized as one of Modern Healthcare's 100 Most Influential People in Healthcare.
Health Care Service Corporation Names Maurice Smith New Chief Executive How the coronavirus pandemic changes that equation, however, is challenging to predict. Maurice Smith. One option is Adobe Reader which has a built-in screen reader. "On behalf of the entire Board of Directors, I am pleased that Maurice will lead HCSC at this critical time for the company and our country as we continue to work through the challenges of the COVID-19 pandemic," said David Lesar. We will continue to take action to focus and execute on a strategy that will propel this exciting and innovative company into the next phase of its evolution, while providing long-term value to customers, medical and other health care providers, employees and other partners in the dynamic health care industry.
Blue Cross parent Health Care Service Corp. exec pay goes underreported greg_thompson@hcsc.net, A Division of Health Care Service Corporation, a Mutual Legal Reserve Company, an Independent Licensee of the Blue Cross and Blue Shield Association.