Transparent Health Marketplace Names Angie O’Connell Executive Vice President and Chief Strategy and Innovation Officer

Longtime healthcare and insurance executive to lead product development and go-to-market launch of revolutionary new digital marketplace platform.

PHILADELPHIA--(BUSINESS WIRE)--Transparent Health Marketplace, Inc. (THM), a transformative healthcare technology company, today announced it has appointed Angie O’Connell as executive vice president and chief strategy and innovation officer. In her role, O’Connell is responsible for the strategic leadership of the company’s overall growth plans and for building the long-term vision for its product and technology.

Applying her deep expertise designing and implementing innovative new technologies, O’Connell’s immediate focus will be on launching THM’s revolutionary new digital marketplace platform. With several national payors being onboarded and thousands of providers already subscribed, the platform has experienced triple-digit growth in select California markets and is on track to launch statewide in early 2021.

“We are pleased that Angie has joined the executive team during this pivotal time for the company and the industry,” said Munawar Ali, executive chairman of the board. “There is a heightened demand for price transparency in healthcare, making THM’s mission more important than ever. With her background and wealth of experience deploying solutions that meet the unique needs of all stakeholders, there is no one better equipped than Angie to lead the charge as we execute on our transformative vision.”

O’Connell brings over 30 years of experience in the insurance and healthcare industries, holding leadership roles within national insurer, Anthem, as well as with enterprising start-ups. In her most recent role at Anthem Workers’ Compensation, O’Connell directed all product development initiatives and designed and built several innovative software platforms and tools that allowed clients to navigate an evolving regulatory landscape, improve results and streamline workflows.

“THM’s platform-based approach to how healthcare services are sourced and delivered offers transparency and market-driven pricing that is truly unique in the workers’ compensation and healthcare industries,” said O’Connell. “Being at the forefront of delivering what’s next in healthcare is extremely exciting and I couldn’t be more pleased to join THM and contribute my expertise in executing our mission.”

About Transparent Health Marketplace™

Transparent Health Marketplace (THM) operates a digital marketplace connecting payors and providers of healthcare services in an open platform featuring market-driven pricing. Replacing outmoded network contract models with its innovative marketplace approach, THM allows providers to name their price and to be paid quickly with the exact amount they bid for contracts they are awarded. Combining marketplace dynamics with automated billing, payments and scheduling, THM delivers cost savings for payors, growth opportunities for providers, and new efficiencies to the healthcare industry. For more information, visit http://transparenthealthmarketplace.com or email [e-mail].