HealthSmart Announces New CEO of BridgeHealth

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(May 17, 2016)—HealthSmart announced today that Mark Stadler has been named CEO of BridgeHealth, effective June 1, 2016. Mark joined HealthSmart in September 2011 and has been the leader in our commitment to price transparency and empowering our members to become savvy healthcare shoppers.

“I am delighted both with the opportunity Mark has and that he’ll remain closely connected to our business,” said Tom Kelly, CEO of HealthSmart. “We congratulate Mark and wish him success in his new role.”

With Mark’s departure, Rob Teas will head up National Sales and Account Management; Todd Archer will oversee Sales Administration and Support.

BridgeHealth Announces New Executive Management Team

WEDNESDAY, MAY 18, 2016 – 12:18PM

DENVER, Colo. (May 18, 2016)—Representatives of BridgeHealth Medical, Inc. (BridgeHealth) announced 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 CEO and will be responsible for the strategic direction of the organization. Jeff Waggoner will become president and 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 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 CEO of BridgeHealth, said, “BridgeHealth delivers value to sponsors, members and providers through our quality, lower-cost bundled medical service offerings and facilitated process, and the company continues to grow rapidly,” 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.

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