|Joseph R. Swedish|
Chief Executive Officer
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Joseph R. Swedish is chief executive officer of WellPoint, Inc., one of the nation’s largest health benefits companies serving approximately 36 million—or one in nine— Americans through its affiliated health plans and nearly 68 million individuals through its subsidiaries. A Fortune 40 company, WellPoint employs more than 48,000 associates nationwide and generated a 2013 operating revenue of $70 billion. WellPoint provides health benefits to members in 14 states as an independent licensee of the Blue Cross and Blue Shield Association, and to Medicaid beneficiaries in 19 states, including those served by its Amerigroup subsidiary.
Mr. Swedish assumed the role of WellPoint’s CEO in March 2013, and immediately focused on refining WellPoint’s strategic direction and positioning the company for long term success. He streamlined operations by aligning the company’s organizational structure around two primary operating segments – the Commercial Business Division and the Government Business Division - and shifted investments and resources to improve the company’s foundational capabilities in information technology and health care analytics. Under Mr. Swedish’s leadership, the company completed the successful integration with Amerigroup, launched more than 1,000 products in 14 states in support of the health insurance exchange marketplace, and WellPoint’s stock reached an all-time high. Mr. Swedish also led an internal initiative to align the company’s leadership and reinvigorate WellPoint’s culture to create a unified and inclusive enterprise. Together with his executive leadership team, Mr. Swedish works to advance WellPoint’s vision, “To be America’s valued health partner” and support its purpose: “Together, we are transforming health care with trusted and caring solutions.”
Mr. Swedish brings more than 40 years of diverse executive healthcare leadership experience to WellPoint, including 24 years serving as CEO for major health and hospital systems. Most recently, he served as President and Chief Executive Officer of Trinity Health Corporation, a multi-state integrated health care delivery system. While at Trinity, he accelerated financial and operational performance, growing revenue from less than $6 billion in 2005 to approximately $9 billion in 2012, and doubling operating margins to becoming the fourth-largest Catholic health care system in the Nation. In 2012, Mr. Swedish negotiated and initiated the merger of Trinity Health and Catholic Health East which now represents the country’s 2nd largest non-profit healthcare system. Mr. Swedish also held CEO and senior leadership positions with Centura Health and the East Florida and Central Florida Divisions of Hospital Corporation of America.
Mr. Swedish serves on the board of directors for the Blue Cross Blue Shield Association, the National Institute for Health Care Management, America’s Health Insurance Plans and the Board of Trustees of the AHA Health Research and Educational Trust. Mr. Swedish is an active member of Business Roundtable and has held previous board and advisory positions with the American Hospital Association, Catholic Health Association, National Quality Forum, Loyola University Chicago, Coventry Health Care, Inc., RehabCare Group, Inc. and Cross Country, Inc.
Mr. Swedish received his bachelor’s degree from the University of North Carolina at Charlotte and his master’s degree in health administration from Duke University.