Could a Unicorn Bend the Trend?

Only available as part of a package
Overview

Vast sums of private equity are flowing into start-ups intent on lowering health care trend. This presents a huge challenge for insurance company actuaries to stay current on such start-ups and the innovations they're advancing. Further, it can be overwhelming to evaluate the many vendors eager to sell their services to the company. This session will provide an overview of the start-up and private equity process, review some of the emerging innovators, and discuss approaches to evaluate their Return on Investment (ROI) as efficiently as possible. 

At the conclusion of this session, attendees will be able to: 

  • Explain the process of venture capital/private equity business development
  • Identify emerging innovators with healthcare trend-lowering promise
  • Evaluate alternatives to quantify vendor ROIs efficiently
Agenda and Speakers

Moderator(s): Keith Passwater, FSA, MAAA, FCA

Presenter(s): David Nelson, FSA, MAAA; Keith Passwater, FSA, MAAA, FCA, Amy Christensen, Partner The Vistria Group

Keith Passwater, FSA, MAAA, FCA (Moderator)

Keith is Managing Director of PascoAdvisers, a firm in which he and some very smart friends provide health care strategy and actuarial advice to clients in the payer, provider, pharma, medical device, and health tech spaces. Previously, Keith was Senior Vice President and Chief Actuary of Anthem, Inc. Among his various duties, Keith oversaw the company’s retail pricing structures and the associated risks. In a subsequent role, Keith oversaw Finance for Anthem’s Clinical, IT, and HR organizations among other duties while also leading the company’s financial planning process and investor reporting. Keith is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries.

David Nelson, FSA, MAAA

Dave Nelson is former Vice President and Chief Actuary of Blue Cross Blue Shield of Michigan where he oversaw Actuarial and Underwriting for a wide range of Health insurance products. Dave also held Actuarial leadership roles at Employers Health and Humana. Dave is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries.

Amy Christensen

Partner The Vistria Group

Amy Christensen is a Partner and founding member of The Vistria Group, a Chicago-based, middle-market private equity firm that invests in healthcare, education, and financial services companies. She is responsible for the sourcing, due diligence, execution and portfolio management of Vistria’s healthcare investments. Ms. Christensen is also a board member of Behavioral Health Group, Supplemental Health Care, St. Croix Hospice, and Chiro One Wellness Centers. Ms. Christensen previously served on the boards of Angel MedFlight and Alacura. She has executed numerous private equity transactions across a variety of industries including healthcare, business services, financial services, and technology. Prior to joining Vistria, she was an investor with NewSpring Capital, The Gores Group, and CCP Private Equity Partners. Ms. Christensen has also spent time advising health systems as a healthcare consultant with The Huron Consulting Group. She received her MBA from The University of Chicago Booth School of Business and her B.S. from Northwestern University.

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