(DENVER, Colorado) – Representatives of BridgeHealth, Inc. (“BridgeHealth”), the country’s leader in lower cost, high-quality, bundled surgical case rate benefit plans, today announce a new executive management team to lead the company as it continues to grow and expand its operations and services.
On June 1, 2016, Mark Stadler will join BridgeHealth as Chief Executive Officer (CEO) and will be responsible for the strategic direction of the organization. Jeff Waggoner will become President and Chief Operations Officer (COO). Together, they will be responsible for the overall management and growth of the company.
BridgeHealth is a bundled medical services benefit management company that offers a suite of products for self-insured group health plans to improve the quality and outcomes of surgery, reduce costs, and positively affect the rate of unnecessary surgery. In 2015, BridgeHealth was named No. 812 on the prestigious Inc. 5000 list as one of the fastest growing private companies in America, with three-year sales growth of 546 percent.
“We are excited to continue BridgeHealth’s rapid growth under the leadership of such a talented executive team,” said David Calone, chairman of the Board of Directors for BridgeHealth. “This management team has the experience to help BridgeHealth reach an even larger base of organizations offering self-insured health plans, while at the same time expanding our top-rated provider network. Our company has grown so quickly because we are committed to delivering high-quality outcomes at lower costs,” Calone said.
Stadler, who comes to BridgeHealth from HealthSmart Holdings, Inc., where he served as Chief Marketing Officer, said he is excited to join the BridgeHealth family. “This company is truly unique, offering clients real-cost savings and excellent medical care,” he said. “Creating a network of the most qualified providers across the country helps our members receive the best clinical outcomes at a lower cost, while eliminating complicated billing procedures. With the help of some of the most strategic thinkers in the business, I look forward to guiding BridgeHealth on its continued path of success.”
During his nearly 40-year career, Stadler has served in multiple executive positions that include Senior Vice President for the U.S. Markets for Great-West Healthcare, Chief Growth Officer for Optum Health, and Chief Sales Officer for American Enterprise Group. Additionally, he has an extensive background in health care consulting, where he spent nearly 18 years with Mercer Human Resource Consulting.
Waggoner, who recently served as interim Chief Executive Officer of BridgeHealth, said, “BridgeHealth is a leader in the health benefits industry, and because of the value delivered to sponsors, members, and providers through our high-quality, lower-cost bundled medical service offerings, and facilitated process, the company continues to grow at a rapid pace,” he said. “This is a testament to our employees, plan sponsors, plan members, and providers. I am committed to working with Mark to oversee the continued success of BridgeHealth today and in the future.”
Waggoner brings nearly 30 years of experience in the structuring and development of high-performance organizations to create technology and market disruptive solutions in the defense, aerospace, telecommunications, health insurance, financial services, media and advertising, and health care fields. He brings expertise in scaling organizations at all stages from pre-Angel concept to Fortune 10, managing sustainable rapid growth in a wide variety of functional managerial and senior executive roles.
Founded in 2007, BridgeHealth is a bundled medical services benefit management company that offers a suite of products for self-insured group health plans to improve quality and outcomes of surgery, reduce costs and positively affect the rate of unnecessary surgery. Through decision support, a high-quality narrow network, care coordination and other strategies, clients get real savings in cost and high-quality outcomes while providing an outstanding patient experience through a facilitated process. Clients achieve very quantifiable results for themselves and their employee/plan members in a manner that integrates with their full suite of health plan benefits. BridgeHealth is headquartered in Denver, Colo., with offices in Chicago, Ill.