WOONSOCKET, R.I., Nov. 18, 2013 /PRNewswire/ --CVS Caremark (NYSE: CVS) today announced the appointment of Tracy Bahl to the position of Executive Vice President, Health Plans. In this role, Bahl will lead the teams responsible for supporting our health plan clients and providing them with excellent service and value while also offering health plans guidance to help them navigate the evolving health care marketplace in the US.
Known for his deep customer focus and relationship-building skills, Bahl brings to CVS Caremark nearly 30 years of experience as a health care executive with a strong track record of delivering results in leadership positions. He spent ten years at UnitedHealth Group Inc., where he served as the CEO of the Uniprise division which encompassed the company's national accounts business, consumer health business, financial services business, and service and technology operations. He also worked for CIGNA Healthcare in a variety of regional and national health plan roles.Most recently, Bahl worked for General Atlantic, a global growth equity investment firm, where he supported a number of portfolio companies and investment activities in the health care space as a Special Advisor on the health care team. One of his primary roles was serving as Executive Chairman of Emdeon, playing a key role in its growth and subsequent sale.
"As health care reform continues to spur unprecedented and rapid changes across the health care system, CVS Caremark is focused on providing health plans with value and insights to help them manage the increasing complexity of the marketplace," said Jon Roberts, President of the Pharmacy Benefit Management business at CVS Caremark. "Tracy is a great addition to our team and we look forward to working with him to continue to develop innovative solutions and offerings for health plans."
Bahl received a B.A from Gustavus Adolphus College and a Master's of Business Administration degrees from the London Business School (UK) and Columbia Business School.
About CVS Caremark
CVS Caremark is dedicated to helping people on their path to better health as the largest integrated pharmacy company in the United States. Through the company's more than 7,600 CVS/pharmacy stores; its leading pharmacy benefit manager serving more than 60 million plan members; and its retail health clinic system, the largest in the nation with more than 750 MinuteClinic locations, it is a market leader in mail order, retail and specialty pharmacy, retail clinics, and Medicare Part D Prescription Drug Plans. As a pharmacy innovation company with an unmatched breadth of capabilities, CVS Caremark continually strives to improve health and lower costs by developing new approaches such as its unique Pharmacy Advisor program that helps people with chronic diseases such as diabetes obtain and stay on their medications. Find more information about how CVS Caremark is reinventing pharmacy for better health at info.cvscaremark.com.
SOURCE CVS Caremark