Q&A: Ken Provencher Retiring from PacificSource Health Plans
The CEO and president of PacificSource Health Plans is stepping down in March, the regional Springfield-based insurer recently announced.
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The CEO and president of PacificSource Health Plans is stepping down in March, the regional Springfield-based insurer recently announced.
(SPRINGFIELD, Ore.) May 30, 2017— PacificSource Health Plans announced consolidated financial results for the quarter ended March 31, 2017, reporting $16M of GAAP earnings before taxes, on $338M of revenue.
(SPRINGFIELD, Ore.) Dec. 22, 2016— PacificSource Health Plans has recently hired health-care industry veteran Laurie Lemieux as the insurer’s new Vice President of Administration.
Springfield-based PacificSource Health Plans and Portland-based Legacy Health have finalized their partnership. The two organizations initially signed a Letter of Intent in late 2015 to pursue a partnership, and with the agreement finalized today, the new alliance has formally begun.
Springfield-based PacificSource Health Plans and Portland-based Legacy Health took another important step toward creating a new partnership, when their respective Boards of Directors approved and both organizations signed a Definitive Agreement to proceed with plans to formalize the partnership.
The joint venture between Legacy Health and PacificSource Health Plans should be operational within six months following regulatory approval by the state’s insurance commissioner.
Legacy Health and PacificSource Health Plans are engaged in active discussions to create a new venture known as PacificSource Affiliates, according to documents leaked to The Lund Report. The two organizations intend to create a strong community-based not-for-profit regional health plan.
(BOISE, Idaho)— PacificSource Health Plans has hired Dr. Edward McEachern, one of the country’s foremost physician executives, as the company’s new Medical Director for Medicare programs.
(SPRINGFIELD, Ore.)—Citing value and the opportunity to partner with a responsive local company, three public universities in Oregon have chosen Springfield-based PacificSource Health Plans to provide health insurance to students.
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The CEOs of health insurers in Oregon and Washington were paid handsomely last year, even though several execs, among them Jack Friedman, ended up taking a pay cut. And, their coordinated care counterparts followed closely behind.