SAN FRANCISCO--(BUSINESS WIRE)--Collective Health today announced Adam Kovalevsky has joined the company as senior vice president of product development. Adam will lead Collective Health’s growing design, engineering and product teams as they continue to innovate across the company’s technology and services platform that gives companies a smarter, member-focused alternative to traditional employer health insurance offerings.
“Adam has been at the forefront of building products that change the way Fortune-500 businesses operate and deeply understands the challenges of building and scaling enterprise-grade software and teams in hypergrowth environments,” said Ali Diab, CEO of Collective Health. “As we enter our next stage of growth, I am thrilled to work alongside Adam in building the platform that will radically change the way companies and their employees access and experience their benefits in a rapidly evolving healthcare ecosystem.”
Collective Health’s cloud-based, integrated enterprise software platform streamlines multiple legacy technology systems and serves as the health benefits backbone for American employers, who spend more than $1.2 trillion a year on healthcare for their people. The platform has experienced rapid adoption in just three years, with 15 leading employers—including Activision Blizzard, Palantir and RedBull—replacing incumbent systems and providers with Collective Health. The company has helped benefits teams from each organization increase health program engagement by 2X, reduce inquiries by up to 60% and save upwards of $1 million on healthcare costs without sacrificing employee satisfaction. Collective Health boasts an industry-leading Net Promoter Score of 76, fueled by compassionate personal support and convenient digital tools that make understanding, navigating and paying for care effortless for its 75,000+ employee members.
“Health benefits is the last major area within the enterprise that hasn't been completely revolutionized by software,” said Kovalevsky. “It’s astonishing—healthcare is not only a company’s second largest cost, it’s also incredibly important in taking care of your workforce. Joining Collective Health gives me the unique opportunity to work on an exciting technology challenge while actually helping everyday people have a better healthcare experience.”
Kovalevsky has more than 20 years of experience building and scaling products that have been adopted by enterprises of all sizes—from the Fortune 500 to SMBs—and managing large, global product and engineering teams. Most recently, he served as the executive vice president of product and engineering operations at SAP SuccessFactors, overseeing a team of 1900. Prior to that, Kovalevsky held executive roles at Oracle, PeopleSoft and eMeter Corporation.
Adam joins an experienced leadership team, with executives from Google, Stanford, Blue Shield and Square. In just the last 18 months, Collective Health has hired chief financial officer Kenneth Hahn, chief operating officer Roy Gilbert, senior vice president of sales and client success Jeff Hermosillo, and senior director of clinical and network solutions Dr. Andrew Halpert. The company also recently appointed Humu CEO and former Google senior vice president of people operations Laszlo Bock to its advisory board.
About Collective Health
Collective Health gives companies a smarter way to provide healthcare coverage through technology and design. Powered by a platform that connects and administers the entire benefits ecosystem—health plans, benefits programs, spending accounts, employee support—their solution delivers an effortless experience for everyone. Focused on serving the 170 million+ Americans who receive healthcare coverage from their employers, the Collective Health platform has been selected by leading U.S. employers including Activision Blizzard, Crossfit, Palantir, Red Bull and Zendesk. Founded in October 2013, Collective Health is backed by NEA, Founders Fund, Google Ventures and other leading investors. The company is headquartered in San Francisco, Calif. For more information, visit https://www.collectivehealth.com.