|Joseph R. Swedish|
President and Chief Executive Officer
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Joseph R. Swedish is the president and chief executive officer of WellPoint, a Fortune 40 company with more than $70 billion in revenue and the nation’s leading health benefits provider serving 37 million—or one in nine—Americans through its affiliated health plans and 67 million individuals through its subsidiaries. Mr. Swedish oversees the provision of innovative health benefits solutions in 14 states as an independent licensee of the Blue Cross and Blue Shield Association, and to 1.5 million Medicare beneficiaries and 4.5 million Medicaid beneficiaries in 19 states, including those served by its Amerigroup subsidiary, the nation’s leader in Medicaid managed care. Under Mr. Swedish’s visionary leadership, WellPoint is transforming health care with trusted and caring solutions and meaningfully advancing affordability and better health outcomes for its members.
Mr. Swedish assumed the role of CEO in 2013 and immediately refined WellPoint’s strategic direction to position the company for long-term success. He is credited with streamlining operations and investing in improved capabilities, reinvigorating WellPoint’s culture to create a unified and inclusive enterprise, and the successful launch of more than 1,000 new products on the health insurance exchange marketplace. With his unique and diverse delivery system perspectives, Mr. Swedish also transformed WellPoint’s delivery system relationships into the largest portfolio of value-based contracting arrangements in the country. WellPoint’s provider collaboration activities now directly link 110,000 network physicians, 760 hospitals, and $38 billion in provider reimbursement to improved quality, value, and outcomes.
Mr. Swedish’s leadership of WellPoint has been profiled on page one of the New York Times and in The Wall Street Journal, the Associated Press, Nightly Business Report, and other local and trade publications. WellPoint has outperformed expectations each quarter during Mr. Swedish’s tenure and the company’s stock price has risen to an all-time high.
Mr. Swedish previously served as president and CEO of Trinity Health Corporation, a ten-state integrated health care delivery system, where he accelerated financial and operational performance, grew revenue from $6 billion in 2005 to approximately $9 billion in 2012, and doubled operating margins to become 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 second largest non-profit health care system operating in 18 states. Over his more than four decades of diverse executive health care leadership experience, Mr. Swedish also held CEO and senior leadership positions with Centura Health and Hospital Corporation of America.
Mr. Swedish serves on the board of directors for the Blue Cross and 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 previously held board and advisory positions with Coventry Health Care, Inc., RehabCare Group, Inc., Cross Country, Inc., the American Hospital Association, Catholic Health Association, National Quality Forum, and Loyola University Chicago.
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.