NEWPORT BEACH, Calif.--(BUSINESS WIRE)--10xHealth today announced the appointment of Don Antonucci as Chief Business Development Officer, effective April 3, 2017.
As Chief Business Development Officer, Antonucci will lead the industry-wide growth of 10xHealth's cloud-based services and advanced technology solutions that focus on identifying and eliminating the risks and costs of suboptimal healthcare.
“Today’s insured healthcare markets are ripe for transformation because premiums are too high and too much healthcare is suboptimal,” said Don Antonucci. “Poor outcomes, wasteful workflows and high error rates account for at least 30% of what we do in healthcare and as much as 70% of what we spend. I believe the adoption of 10xHealth's advanced IT and risk management solutions will enable the nation's most innovative health insurers to lead their markets with a ‘best care - best cost’ competitive position and accelerate their growth in share, revenues and earnings. Having the opportunity to join the team and help scale the adoption of these advanced solutions is something I wanted to be a part of.”
Antonucci brings nearly 25 years of experience and leadership as both an innovator and strategic growth executive within the healthcare industry. Most recently, he served as president of Regence BlueShield for more than three years where he led the company to growing its membership with strong financial performance in Washington State. Previous to his time in Washington, Don served as president for Regence BlueCross BlueShield of Oregon, and in senior level sales, marketing, strategy and research roles within Anthem, Inc.
“We take great pride in attracting a top professional like Don,” said Ernie Ludy, CEO of 10xHealth. “His C-suite experience in health insurance positions him to fully understand the competitive value of our client solutions for the decade ahead, and uniquely qualifies him to drive our growth and build the key relationships with leading health insurers across the industry.”
In 2013, Ernie Ludy co-founded 10xHealth to build the next generation of risk management solutions for insured healthcare. The Company’s new Optimal Care Guidance System, powered by Member Risk Signature technology, helps clients detect, target and eliminate the risks and costs of suboptimal care.