Derek Bridges Hired as President of BML and President of Channel Management for ValueHealth

LEAWOOD, Kan., July 17, 2018 /PRNewswire/ -- Today ValueHealth CEO Carl King announced the hiring of Derek Bridges as President of Benefit Management. Mr. Bridges will replace outgoing Benefit Management President Denise Wilkens and will be responsible for providing strategic leadership for the company and for ensuring that company financial objectives are met. Mr. Bridges has also been named President of Payor, Employer and Consultant Channels for ValueHealth; in this role he will oversee Vice Presidents and Sales Directors of market development within the channel development organization for ValueHealth and ensure strategic management, employee development and sales success with targeted payors, employers and brokers. In both roles, Mr. Bridges will report directly to Mr. King.

Mr. Bridges previously served as CEO of Next Level HealthCare, where he advised large health plans and health systems on value-based care solutions and consulted and invested in technology firms that could improve patient outcomes at a lower cost.  

Bridges previously served as a senior executive for several of the largest health insurance companies in the U.S., including Anthem, where he doubled profitability of a $1B+ business unit. Bridges launched the Midwest Medicare Advantage markets as COO of Universal American, now WellCare. As CEO of Delta Dental of Kansas, he doubled the revenue and membership in 3 years and was inducted into the Balanced Scorecard Hall of Fame. Bridges started his career at Aetna, where he created the fastest growing managed care organization in the country.

"We are excited to have Mr. Bridges on our team," said King. "In both of his new roles, his experience with payors, employers, and consultants further strengthens our market positioning and enhances our sales of value-based administration capabilities to targeted companies."

Bridges currently serves in board and advisory roles for the University of Kansas School of Business, Dream Factory of KC, National Practice Solutions, and ABCR Laboratorios, S.L.  He holds an M.B.A. from the University of Kansas and an M.S.E. in Technology Management from the University of Pennsylvania's Wharton School.

About ValueHealth
Since 1997, we've partnered with over 10,000 physician investors and 20 health system partners to develop lower-cost sites of service, expanding into more than 150 facilities, including physician-owned surgery centers, surgical hospitals and hyper specialty centers. Today, we operate in over 30 states, positioning our Ambulatory Centers of Excellence™ (ACE) to be national leaders in the transition to value-based care.

About Benefit Management
Benefit Management is a progressive third party administrator (TPA) empowering payors, employers and providers with targeted coverage and tailored contracting services. We offer value-based administration (VBA) for new reimbursement models, including prospective bundles. We are responsible for covered lives in all 50 states and are well known for flexibility, innovative services and outstanding customer service.

SOURCE ValueHealth; Benefit Management