20180515 fch ceo press release

Transcript

1 FOR IMMEDIATE RELEASE Media Contact : Aaron Blank for First Choice Health (206) 343- 06) 200 -0103 (mobile) 1543 (office), (2 [email protected] First Choice Health Announces Appointment of New President and C EO, Jaja Okigwe -year tenure and welcomes Okigwe as a Effective immediately, First Choice Health honors former CEO Ken Hamm’s 12 visionary leader in the healthcare industry . SEATTLE – May 15, 2018 – First Choice Health announced today that following a successful 12 -year ten ure as the company ’s President and C hief Executive O fficer, Ken Hamm has officially retired. Effective immediately , First Choice Health also announced that Jaja Okigwe, former Senior Vice President of Strategic Development for Premera Blue Cross, has been selected by the Board of Directors and hired to assume the leadership position as the company’s new President and Chief Executive Officer. industry s of healthcare 20 year With experience, Okigwe brings with him a portfolio of expertise that will drive strategy and innovation for First Choice Health , playing an integral role in guiding the ownership and company through its next phase of profitable growth. to increase its impact on the marketplace and the time is now,” says Clyde “First Choice Health is well positioned , the newly appointed chairman of the Board of Directors. “Okigwe was selected based on his history of helping Walker growth e are . W major industry leaders outline and navigate a clear pathway towards customer care and profitable confident he will help us define a future vision that honors our past while implementing plans and actions to guide us on next path in this ever -changing healthcare landscape .” the EC om H in Paris, France in 1997. He served as a Jaja graduated from Harvard College in 1992 and received his MBA fr Manager for Deloitte Consulting before transitioning to the McKesson Corporation, working as the Vice President of Development. There, he developed and launched a new indigent drug reimbursement serv ice line in Business partnership with several large pharmaceutical companies, resulting in a $10 million profit within the program’s first year. In 2004, Okigwe moved on to Premera Blue Cross serving as Director of Operations, then Vice President o f Special Produ cts Development where he led the strategic planning for Stop Loss that resulted in a 20 percent increase in new business. , he assumed the role of Vice President of Strategic Development and in 2014, was promoted to Senior In 2007 Vice President of that same division. He was instrumental in leading corporate strategic planning efforts across the organization, helping the company ident ify and support annual key initiatives and progress monitoring, while overseeing the development of Premera’s innovation program and health innovation laboratory. ealth,” said Okigwe “After Premera, I wanted to work on initiatives that had a more direct impact on people’s h . “What changes r-scale o make large attracted me to First Choice Health is the ability I have here t that can drive growth and Page 1 of 2

2 far into the future . In this new role, I can more people in so many ways and – I couldn’t look serve our customers help away from that opportunity.” Celebrating Ken Hamm’ s Leadership at First Choice Health Originally joining First Choice Health in 2000, Hamm became President and CEO in 2006. Known for his forward -thinking and tripled both the benefit claims administration and employee assistance program. He financial stewardship, Hamm paved the way for First Choice Health to begin partnering effectively with owners and other health service providers in the community such as MultiCare, Connected Care and the Puget Sound High Value Network. “Ken was responsible for facilitating key partnerships and expansion efforts as well as being responsible for the 2017 to company’s increase in community stewardship and support ,” said Walker. “ We donated more than $500,000 in organizations such as Child and the W SMA Foundation for Health Care Improvement. , the Alliance for Education haven testament to Ken’s belief in giving back to the community .” This is a First Choice Continues to Adapt and Innovate in t he Ever -Changing Health Landscape First Choice provides a wide and growing array of products and services in Washington, Oregon, Alaska, Idaho, Montana, Wyoming, and select areas of North Dakota and South Dakota. The First Choice Health Administration offerings include custom networks, flexible plan designs, and medical management. The First Choice EAP offers counseling and referral serves a wide variety of clients (including employers, health services to complement health benefit -oriented services and , and insurers ranging in size from small employer groups to large organizations. providers) in the Northwestern U.S. corporate First Choice Health’s ownership and governance model is unique, with a combination of individual physicians, healthcare delivery system leaders and local business leaders overseeing the organization. This structure presents a valuable opportunity for strategic growth, and the key to capturing that success will be in setting an actionable strategy leverages the solid infrastructure, core competencies and key relationships of the organization. that “Jaja Okigwe is well positioned to usher in an era of change, enhancing current relationships with local and regional ip enrollment, and supporting the team in developing and delivering new healthcare systems, increasing membersh products to the market,” said Ken Hamm. “He understands the market , has a breadth of experience behind him, and most importantly, his heart is in the right place.” # # # About First Choice Health in the Northwest health services community. Originating First Choice Health , based in Seattle, Wash., is a dynamic leader as a PPO Network in 1985, First Choice S., incl uding eventually grew to serve all of Washington and the Northwestern U. Oregon, Alaska, Idaho, Montana, Wyoming and select areas of North Dakota and South Dakota. As part of that growth, First Choice began offering third party administration, medical management and employee assistance program services. Today, First Choic e has approx. 80,000 its PPO network . The organization supports more than 560,000 members utilizing lives with its t hird -party administration services. As a hospital and physician -owned provider who services the medium to large group regional market , First Choice continues to be well positioned to adapt to the changing healthcare landscape. With a flexible systems architecture, First Choice develop s custom solutions and integrated services tailored to meet the clients. . all For more information , visit First Choice online at www.fchn.com needs of Page 2 of 2

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