Tom Lindquist Tapped as CEO of Allina Health Aetna Joint Venture

MINNEAPOLIS--()--Allina Health and Aetna (NYSE: AET) have named Tom Lindquist as CEO of Allina Health and Aetna Insurance Company (Allina Health | Aetna), the jointly owned health care company that was announced by the two organizations in January 2017.

“After a comprehensive search process, we believe we have found the best individual to assume leadership of Allina Health | Aetna," said Dan Finke, senior vice president of Clinical Services and Joint Venture Markets for Aetna. "Tom has the right tool set and experience in the health insurance industry to guide the company to success in the years to come.”

Allina Health | Aetna is a unique partnership that combines the resources of Allina Health’s high-quality facilities and broad care network of affiliated doctors, nurses and other health care professionals with Aetna’s national health plan expertise and commitment to innovation. Both Allina Health and Aetna bring their significant care management and data analytics tools together with the mutual aim to deliver high-quality, affordable care that is better coordinated.

“We are thrilled to have Tom join Allina Health | Aetna,” said Ben Bache-Wiig, MD, Executive Vice President of Allina Health and chair of the Allina Health | Aetna board of directors. “We look forward to Tom leading the organization as we bring innovative insurance products to market which provide unparalleled care coordination, ease of access and streamlined processes to our members.”

Reporting to the Allina Health | Aetna board, Lindquist’s immediate priorities will be on building a management team, finalizing product offerings and launching an integrated digital portal experience. Over the long term, his focus will be on growing Allina Health | Aetna geographically and developing a differentiated member experience.

Lindquist has an extensive background as a leader in the health care industry. He comes to Allina Health | Aetna from Molina’s South Carolina plan, where he served as president. In that role, he was responsible for strategic planning, profit and loss management, contract negotiations and government relations. While there, he developed programs to improve health outcomes for people who qualified for government-sponsored programs.

Before joining Molina in 2013, Lindquist was the president of AccentCare in Texas, a leader in home health care, where he led strategy and operations and was responsible for over 10,000 employees in Medicare, Personal Care and Hospice organizations throughout the state.

Lindquist also held leadership positions for UnitedHealthcare in Minnesota, Texas and Louisiana; Ochsner Health Plan, Inc.; and Memorial Sisters of Charity.

Lindquist received his MBA from the University of Houston and a BBA in Management from University of Texas at Arlington.

Allina Health | Aetna anticipates offering a number of fully insured and self-insured commercial products starting as early as April 1, 2018, with Medicare and other products to follow, pending regulatory approvals.

About Aetna

Aetna is one of the nation's leading diversified health care benefits companies, serving an estimated 37.9 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental and behavioral health plans, medical management capabilities, Medicaid health care management services, workers' compensation administrative services and health information technology products and services. Aetna's customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com and learn about how Aetna is helping to build a healthier world. @AetnaNews

About Allina Health

Allina Health is dedicated to the prevention and treatment of illness and enhancing the greater health of individuals, families and communities throughout Minnesota and western Wisconsin. A not-for-profit health care system, Allina Health cares for patients from beginning to end-of-life through its 90+ clinics12 hospitals15 retail pharmaciesspecialty care centers and specialty medical serviceshome carehome oxygen and medical equipment and emergency medical transportation services.

For more information, visit us at allinahealth.orgFacebookTwitterYouTube or Healthy Set Go.

Contacts

Aetna Media Contact:
Anjie Coplin, 214-200-8056
CoplinA@aetna.com
or
Allina Health Media Contact:
David Kanihan, 612-262-4986

Release Summary

Allina Health and Aetna have named Tom Lindquist as CEO of Allina Health and Aetna Insurance Company Allina Health | Aetna

Contacts

Aetna Media Contact:
Anjie Coplin, 214-200-8056
CoplinA@aetna.com
or
Allina Health Media Contact:
David Kanihan, 612-262-4986