Welcome!

News Feed Item

AmeriHealth Caritas President and CEO Michael A. Rashid to Retire, Board Chair Paul A. Tufano Named Chairman and Chief Executive Officer

PHILADELPHIA, PA--(Marketwired - February 06, 2014) - AmeriHealth Caritas announced today that, after nearly 20 years with the company and four years as its president and chief executive officer (CEO), Michael A. Rashid is retiring from these roles. Paul A. Tufano, Independence Blue Cross (IBC) executive vice president and chairman of the Board of AmeriHealth Caritas, remains chairman and has been appointed CEO of AmeriHealth Caritas, effective March 31, 2014. Rashid will serve as special advisor to IBC president and CEO Daniel J. Hilferty through year end.

During his nearly 20 years with AmeriHealth Caritas, Rashid has been integral in positioning the company as a national leader in providing health care solutions for those most in need. He was instrumental in developing three new product lines and expanding the number of members served from 300,000 in two states to nearly five million in 15 states and the District of Columbia. In September, Rashid's longtime leadership in the Medicaid managed care industry was recognized by the White House. Health and Human Services Secretary Kathleen Sebelius appointed Rashid to the National Advisory Council on Minority Health and Health Disparities of the National Institutes of Health.

Tufano joined IBC in 1999 as senior vice president and general counsel. In 2010, he was promoted to executive vice president and received additional responsibility as president of Government Markets, overseeing the company's interests in Medicare, CHIP and Special Care that serve more than 200,000 lives. In 2011, he assumed responsibility for Public Affairs, which includes Government and Community Affairs, as well as the Independence Blue Cross Foundation. At that time, his role also expanded further to include chairman of the board for AmeriHealth Caritas. Tufano also has a distinguished career in public and community service. Before joining IBC, he was general counsel of the Commonwealth of Pennsylvania for Governor Tom Ridge and was a member of both the Governor's cabinet and senior staff. He serves as the Vice Chair of the Board of Trustees at Villanova University, and is the Chair of the Board of Directors for The Kimmel Center for the Performing Arts.

As part of the leadership transition, Tufano has appointed Anne Morrissey president of the company and she will also continue as chief operating officer. Morrissey joined AmeriHealth Caritas in 2004. In 2005, she was named chief of staff for Rashid and later added the title of president of the Pennsylvania markets. Morrissey's role expanded to chief operating officer in 2008 and executive vice president and chief operating officer in 2010. Morrissey also serves on various civic organizations and boards.

"Michael is to be congratulated for his leadership in improving the health of millions of Americans during his esteemed career," said Tufano. "I look forward to honoring Michael's legacy and advancing the company's growth trajectory as we continue to provide access to quality health care for those most in need across the nation."

"I had the pleasure of working with Michael as my partner at AmeriHealth Caritas for many years. His counsel was invaluable and his commitment unwavering. I've admired how he's guided the company through this time of tremendous growth," said Hilferty. "I am personally grateful for Michael's service and excited about the future of AmeriHealth Caritas under Paul's direction."

"It has been a privilege to have spent nearly 20 years with this great company, and an honor to have led it as CEO the past four years," expressed AmeriHealth Caritas President and CEO Michael Rashid. "Day in and day out, our 4,000 employees work tirelessly to extend the hand of hope to those most in need and connect them with life-giving and life-saving care. There is no better way to spend a life than in service to others. I look forward to watching AmeriHealth Caritas continue to transform thousands of more lives for many years to come. I can think of nobody better to take the reins than Paul Tufano." 

About AmeriHealth Caritas
AmeriHealth Caritas is one of the nation's leaders in health care solutions for those most in need. AmeriHealth Caritas operates in 15 states and the District of Columbia, and serves more than 4.8 million Medicaid, Medicare and CHIP members through its integrated managed care products, pharmaceutical benefit management services, behavioral health services and other administrative services. Headquartered in Philadelphia, AmeriHealth Caritas is a mission-driven company with 30 years of experience serving low-income and chronically ill populations. For more information, visit www.amerihealthcaritas.com.

The following files are available for download:

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
An IoT product’s log files speak volumes about what’s happening with your products in the field, pinpointing current and potential issues, and enabling you to predict failures and save millions of dollars in inventory. But until recently, no one knew how to listen. In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at OnProcess, discussed recent research by Massachusetts Institute of Technology and OnProcess Technology, where MIT created a new, breakthrough analytics model for ...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required. In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, drew together recent research and lessons learned from emerging and established compa...
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
"We are a leader in the market space called network visibility solutions - it enables monitoring tools and Big Data analysis to access the data and be able to see the performance," explained Shay Morag, VP of Sales and Marketing at Niagara Networks, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, provideed economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session also included a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
"We analyze the video streaming experience. We are gathering the user behavior in real time from the user devices and we analyze how users experience the video streaming," explained Eric Kim, Founder and CEO at Streamlyzer, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2017 New York. The 20th Cloud Expo and 7th @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Internet to enable us all to im...
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...