[February 12, 2009] Med-Vantage® Names Michael Bodenstab VP of Finance & Strategy; Appointment of Former BCBSA Senior Strategist Signals Highest Commitment to ‘Customer Intimacy' and Collaboration Tweet SAN FRANCISCO --(Business Wire)-- Med-Vantage® Inc. -- a healthcare software solutions company, offering complete and distinctive solutions for consumer transparency, provider performance management, and quality improvement -- today welcomed Michael Bodenstab, former senior strategy consultant with the Blue Cross Blue Shield Association (BCBSA), Vice President of Finance & Strategy of Med-Vantage® Inc. Med-Vantage President and Chief Executive Office Peter Goldbach, MD, says, "We feel privileged to have Michael join us at Med-Vantage to round out our already robust executive leadership team of highly skilled and talented healthcare and technology innovators and visionaries." Dr. Goldbach adds, "Michael brings solid financial management and strategic planning and deployment skills to his new role at Med-Vantage. Since we are a ‘consumer-focused' technology company, we are particularly eager to benefit from his comprehensive, deep customer knowledge and keen entrepreneurial spirit -- an exceptional combination to help us continue creating dynamic, flexible and interactive software products that can continually exceed both customers' and consumers' expectations." Michael comes to Med-Vantage from the Blue Cross Blue Shield Association (BCBSA) where he had a pivotal role in myriad financial and strategic imperatives. During his tenure, he collaborated with senior leadership from multiple Blue Cross Blue Shield Licensees to evaluate consumer-focused software solutions, including personal health records, member statements, and other innovative healthcare technologies. Prior to joining BCBSA, Michael worked in various capacities in the capital markets and finance, including roles in equity research with Morgan Stanley and portfolio management with a Collateralized Loan Obligation (CLO) Asset Management firm. Michael has extensive experience evaluating business strategies and has valued public and private companies across numerous industries for potential investment opportunities. Additionally, Michael held various finance positions with GE Capital, GE Appliances and GE Medical Systems and graduated from its Financial Management Program, a prestigious management-training program considered the gateway for the company's future finance leaders. Michael holds a Bachelor's of Science degree in Business from Syracuse University. Med-Vantage is a privately held company that is majority owned by a consortium of Blue Cross and Blue Shield licensees called BP Informatics, LLC. Plans participating in the alliance include Arkansas Blue Cross and Blue Shield, Blue Cross and Blue Shield of Florida, Blue Cross of Massachusetts, Blue Cross and Blue Shield of North Carolina (through its subsidiary NobleHealth, Inc.) and Health Care Service Corporation. Med-Vantage offers solutions for health plans in consumer-directed health care, pay-for-performance, efficiency measurement and quality improvement (www.medvantage.com). For media inquiries, please contact Peggy C. Frank at Frank Public Relations Worldwide, [email protected] or 818-735-3591. ABOUT MED-VANTAGE, INC. ® Med-Vantage is a healthcare software solutions company, providing their Health Plan customers with sophisticated data analytics enabling intuitive web applications that effectively engage members and physician providers and effortlessly enable value-based healthcare decisions. The company offers complete and distinctive solutions for consumer transparency, provider performance management, and quality improvement. Founded in 2001, Med-Vantage is a California-based privately held company that is majority owned by a consortium of Blue Cross and Blue Shield licensees called BP Informatics, LLC. Plans participating in the alliance include Arkansas Blue Cross and Blue Shield, Blue Cross and Blue Shield of Florida, Blue Cross of Massachusetts, Blue Cross and Blue Shield of North Carolina (through its subsidiary NobleHealth, Inc.), Health Care Service Corporation, and Highmark Inc. Med-Vantage offers solutions for health plans in consumer-directed health care, pay-for-performance, efficiency measurement and quality improvement (www.medvantage.com). [ Back To TMCnet.com's Homepage ]