– USA, GA – IPG, the recognized industry-leading provider of Surgical and Implant Cost Management solutions is pleased to announce the appointments of Ken Goulet and Steve Nelson to its Board of Directors. Their addition to IPG’s Board strengthens the team of seasoned professionals and investors, including Sequoia Capital and Camden Partners.
IPG has experienced significant revenue growth and profitability over the past year, due to expanded customer adoption and proven results of their Surgical and Implant Cost Management programs. Through partnerships with the leading payers across the country, IPG solutions can impact over 50% of the commercial covered lives in the US. In combination with this existing reach and a new diverse suite of cost management products and services, IPG is well positioned for profitable growth and success.
“I am delighted and honored to have Ken and Steve join the Board. The addition of two such prominent individuals to the Board reflects the confidence of our partners in the proven success and future of the company,” said Dennis Antinori, Executive Chairman of the Board for IPG. “As we strive to expand our solutions to drive affordability and quality of care, their wealth of business experience, expertise, and knowledge of the healthcare environment will most certainly help accelerate the company’s future success.”
Ken Goulet brings with him 35 years of proven experience as a senior-level healthcare executive growing and leading large health plan organizations, including managing multi-billion dollar P&L and consumer-focused organizations. Most recently, Goulet served as the Executive Vice President of Anthem Inc., and President of the company’s Commercial and Specialty Business division, growing the business to the largest Commercial Business Division in the United States. Prior to serving in a variety of executive leadership roles at Anthem, Mr. Goulet spent 23 years at CIGNA Corporation where he held a number of management, sales and operations positions.
“As a former IPG customer, I can certainly validate the solid value of the IPG solutions and support the objective of their model to ultimately drive more affordable, high quality care for consumers.” said Ken Goulet. “I am thrilled to join the IPG team and look forward to helping support IPG’s continued business growth as they continue to evolve into a major player in the healthcare industry.”
Steve Nelson brings significant executive management, payer, and entrepreneurial experience to the IPG Board, including over 12 years as a board member of BlueCross BlueShield of North Carolina, serving as Chairman for the past 4 years. During that time, Nelson helped BCBSNC senior management lead the transformation of the healthcare system in North Carolina – including “new models of care,” and the formation of Mosaic Health Solutions. Nelson is Co-Founder, was launch CEO, and became the first Chairman of Carbon3D, a venture backed company playing a pioneering role in additive manufacturing and 3D printing.
“I have a passion for transformational companies that are looking to change their markets in new and fundamental ways by focusing on cost, quality and value, and I am truly invigorated by the current success, financial backing, and enormous potential of the IPG model,” said Steve Nelson.
As the Surgical and Implant Cost Management leader, IPG delivers a customized, data driven approach to enable their health plan partners to manage their surgical and implant costs more effectively. Providing true end-to-end solutions for the healthcare industry, IPG serves as a strategic capability for health plans to manage cost and risk in a unique way that drives collaboration between the plan, their healthcare providers, manufacturers and physicians to ensure that patients receive increased access to affordable and innovative life-saving and life-enhancing device-intensive medical therapies. Additionally, IPG’s award winning analytics platform for implantable procedures delivers transparency to impact the entire health care transaction process and all sites of care. Continued expansion of IPG’s surgical cost management platform will help health plans to deploy programs that will improve their ability to manage risk and deliver actionable information to everyone involved in a patient’s surgical procedure to drive lower costs and high quality care for consumers.
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