PITTSBURGH (Jan. 11, 2016) — Highmark Health today announced that Michael Bennett will assume the position of Executive Vice President and Chief Strategy and Transformation Office to drive the organization's growth strategy and mission to deliver comprehensive, affordable, high quality health care services to its customers and the communities it serves.
A newly created position, the CSTO is an evolution of the Executive Vice President and Chief Administrative & Strategy Officer, held by Nanette DeTurk since 2014. In that capacity, she collaborated with business leaders across the organization to develop and implement strategy and new transformational processes designed to deliver greater value and customer focus. In this new role, Mr. Bennett will lead the transformation of Highmark Health, overseeing enterprise-wide strategy, transformation office, corporate development and investments, analytics and innovation initiatives.
"Our leadership team is focused on implementing and accelerating Highmark Health's strategy to transform our enterprise and the health care system, which will create greater value for our customers and drive business growth," commented David Holmberg, President and Chief Executive Officer. "Nan DeTurk has been a trusted leader and partner during her 22 years of service at Highmark and her contributions to laying the foundation for the next chapter in the company's history have been invaluable. I am confident that Mike will bring a new perspective to our strategic planning process, business plans, enterprise portfolio, and capabilities across Highmark Health."
"The opportunity to join an organization such as Highmark Health during a time of rapid change and innovation in the health care payor and provider businesses does not present itself often during one's career," stated Mr. Bennett. "I look forward to working closely with the leadership team to refine and execute the company's vision to deliver greater value and an improved experience to their customers and I believe it has the assets and determination necessary to succeed."
Mr. Bennett joins Highmark Health from the Cleveland Clinic, where he served as Executive Director since 2013, responsible for management of the planning, growth, go-to-market, and Strategic Intelligence functions for the Strategy Office. Prior to that, he served as a Principal in McKinsey & Company's Payor/Provider practice in Cleveland, specializing in healthcare strategy and organizational transformation, where he introduced, developed, and managed long-term executive relationships with multiple clients, including large hospital chains (for-profit and Catholic), large insurers (for-profit and Blues plans), academic medical centers, and several regional not-for-profit hospital chains. Mr. Bennett earned a Masters of Business Administration degree from The Wharton School at the University of Pennsylvania and a Bachelor of International Affairs and Public Policy from Princeton University.
Mr. Bennett will be based in Highmark Health's Pittsburgh office and will report directly to Mr. Holmberg.
Highmark Health, a Pittsburgh, PA based enterprise that employs more than 35,000 people nationwide and serves 40 million Americans in all 50 states, is the third largest integrated health care delivery and financing system in the nation. Highmark Health is the parent company of Highmark Inc., Allegheny Health Network, and HM Health Solutions. Highmark Inc. and its subsidiaries and affiliates provide health insurance to 5.3 million members in Pennsylvania, West Virginia and Delaware as well as dental insurance, vision care and related health products through a national network of diversified businesses that include United Concordia Companies, HM Insurance Group, Davis Vision and Visionworks. Allegheny Health Network is the parent company of an integrated delivery network that includes eight hospitals, a community-based network of physician organizations, and a group purchasing organization, ambulatory surgery centers, and health and wellness pavilions in western Pennsylvania. HM Health Solutions focuses on meeting the information technology platform and other business needs of the Highmark Health enterprise as well as unaffiliated health insurance plans by providing proven business processes, expert knowledge and integrated cloud-based platforms. To learn more, please visit www.highmarkhealth.org.