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Raj Bal is a seasoned healthcare executive with 30+ years of experience in strategic planning, management consulting, and leadership roles at top companies including McKinsey, Wellpoint, and Assurant. He holds an MBA from the University of Manitoba.

Experience

    • Founding Partner / CEO
      • Jan 2013 - Present

      • Advising payers, providers and McKinsey & Co., on how to best leverage the discontinuities created by healthcare reform. • Developing analytic and navigation services, to help demystify healthcare and reform for consumers, employers, payers and providers. Sourcing acquisition and JV opportunities in the healthcare informatics space, with PE and VC firms.

    • CEO Healthcare Revenue Solutions
      • Aug 2010 - Dec 2012

      Founding CEO of Healthcare Revenue Solutions, McKinsey's advanced healthcare analytics business. Focus on the strategic and economic impact of US healthcare reform on payers. Rapidly created US and off-shore Advanced Analytics and Actuarial capabilities for this “Big Data” venture. Also, Senior External Advisor to the McKinsey Center for US Health Systems Reform. Confidential assignments working with client service teams primarily serving Individual and Small Group Health Insurers.

    • President Individual Business Unit
      • Jun 2008 - Jun 2010

      P&L responsibility for Wellpoint's Individual Medical Insurance Business ($5.5 Billion Revenue and 2 Million members). Market leader under the Anthem, Empire, Blue Cross and Blue Shield brand names. Member of the Corporate Strategy & Innovation Council.

    • EVP and Chief Operating Officer Assurant Health
      • Sep 1999 - Jun 2008

      P&L responsibility for the $2.3 Billion Assurant Health Division, leading the Individual, Small Group, Self Funded, Specialty and Voluntary businesses. Chaired the Operating Committee and managed all Product Development, Marketing, Sales, Underwriting, Actuarial, Claims, Administrative Operations and Provider Network Management functions.

    • President
      • 1986 - 1998

      President of Webster Industries then acquired part of the company and co-founded Zeta

    • Business Manager
      • 1980 - 1986

    • Brand Management roles
      • 1974 - 1980

      Various consumer packaged goods Brand Management roles with these companies in the food/beverage and soap categories.

Education

  • University of Manitoba
    MBA, Marketing

Suggested Services

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Industry Focus. “Health, Wellness and Fitness”

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