MADISON, Wis., Jan. 25, 2016 /PRNewswire/ -- Exact Sciences Corp. (Nasdaq: EXAS) today announced that John A. Fallon, M.D., has joined the company's board of directors. Dr. Fallon brings more than 40 years of experience in health management, reimbursement, primary care and academic medicine to the board.
Most recently, Dr. Fallon served as chief physician executive and senior vice president of Blue Cross Blue Shield of Massachusetts, the leading health plan in that state with 3 million members. In his role at Blue Cross Blue Shield, Dr. Fallon was responsible for expanding the quality, effectiveness and efficiency of health care for its members. He oversaw the company's medical policies, evaluated healthcare technologies, acted as the liaison to the plan's providers and developed new reimbursement methods.
"Dr. Fallon's breadth of experience with health care systems, health plans and physician networks will help inform Exact Sciences' strategy and tactics across a wide range of issues, including private-payor reimbursement and physician sales," said Kevin T. Conroy, CEO and chairman of the board of Exact Sciences. "We are delighted to welcome Dr. Fallon to Exact Sciences' board of directors and look forward to his counsel, based on 40 years of experience as a health care leader."
Dr. Fallon began his career as a practicing internist. He helped to found and lead physician hospital organizations, integrated delivery systems and academic medical centers, including North Shore Medical Center, North Shore Health System, Partners Community Health Care Inc. and Partners HealthCare System. Before joining Blue Cross Blue Shield of Massachusetts, he served as chief executive officer for clinical affairs at the State University of New York Downstate Medical Center, the only academic medical center in Brooklyn. He is a fellow of the American College of Physicians and has held academic appointments since 2000.
"It's a privilege to be able to join Exact Sciences' board and engage in the company's mission of eradicating colon cancer," Dr. Fallon said. "The payor, provider and health system landscapes continue to evolve. As they do, the need for preventive tests like Cologuard only increases."
Dr. Fallon serves as a director of AMAG Pharmaceuticals Inc. and as the lead independent director at Insulet Corp. He received his bachelor's degree from the College of the Holy Cross, his medical degree from the Tufts University School of Medicine and an MBA from the University of South Florida.
About Exact Sciences Corp.
Exact Sciences Corp. is a molecular diagnostics company focused on the early detection and prevention of the deadliest forms of cancer. The company has exclusive intellectual property protecting its noninvasive, molecular screening technology for the detection of colorectal cancer. Cologuard is included in the colorectal cancer screening guidelines of the American Cancer Society and stool DNA is included in the U.S. Multi-Society Task Force on Colorectal Cancer. For more information, please follow us on Twitter @ExactSciences or find us on Facebook.
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SOURCE Exact Sciences Corp.