WALNUT CREEK, Calif., March 20, 2018 – Following a nationwide executive search, Sutter Health and Aetna (NYSE: AET) have named Steve Wigginton as the new CEO of the Sutter Health | Aetna joint venture. The jointly owned health care company formed by the two organizations in 2017 currently offers employers with employees in Northern California self-insured commercial products with effective dates as early as April 1, 2018.
“Steve is a respected leader with a proven track record of driving culture, growth and innovation in the health care industry,” said Kristen Miranda, Aetna’s market president for California. “Steve has a passion for creating a better health care experience for consumers, and a clear vision of what will make Sutter Health | Aetna successful.
Sutter Health | Aetna combines Sutter Health’s network of nationally recognized, integrated network of high-quality doctors and hospitals with Aetna’s health plan expertise, care management capabilities and analytical insights. Its aim is to promote better health, enhance care coordination and clinical effectiveness and increase patient access to health information—all with the common goal of improving health outcomes and creating a personalized experience for members.
“With this new joint venture, Sutter Health and Aetna are well positioned to disrupt the status quo in the marketplace and further transform health care in Northern California,” said Phil Jackson, Sutter Health’s CEO of Health Plan Products. “We look forward to Steve’s leadership as we jointly create a health care model that works to provide people and employers with access to simpler, more affordable care.”
Wigginton, who will lead the new health care company effective immediately, will drive the overall success of the joint venture and report to the Sutter Health | Aetna board of directors. He will initially focus on building the joint venture’s management team, securing necessary regulatory approvals, finalizing product offerings, refining the sales strategy and developing a multi-year roadmap to build a more member-centric experience.
Most recently, Wigginton served as the CEO of Valence Health. In this role, Wigginton was responsible for driving revenue growth, scaling operations and leading the cultural and operational integration of the business following the acquisition of Valence by Evolent Health in mid-2016.
Prior to the Valence acquisition, Wigginton served as Evolent’s Chief Development Officer responsible for driving growth, brand and health system partnership development.
In previous roles, Wigginton served as the founding CEO of Medley Health, as president of Health Integrated and as Executive Vice President of Neoforma.
Wigginton has a bachelor’s degree and a master’s degree of business administration from Indiana University.
The Sutter Health | Aetna network currently includes more than 1,500 primary care doctors, 7,800 specialists and 30 hospitals in the greater Sacramento, Central Valley and Bay Area communities.
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 Sutter Health
Sutter Health was named one of the nation’s top five large health systems in 2016 thanks to its integrated network of physicians, employees and volunteers—more than 60,000 people strong. Rooted in Sutter Health’s not-for-profit mission, these team members partner to deliver exceptional care that feels personal. From physician offices to hospitals to outpatient care centers and home services, they proudly support and learn from the more than 3 million people in their care—nearly 1 percent of the U.S. population, in one of the most diverse and innovative regions in the world. Sutter team members adopt new technologies and embrace creative thinking to help patients and communities achieve their best health. From its street nurse program that provides check-ups for homeless people, to telemedicine-aided specialist consultations, to walk-in care clinics, to smart glass technology, the Sutter Health team goes beyond traditional models to make care more convenient and to nurture and empower people throughout their medical journey. For more information about the Sutter Health network visit: sutterhealth.org | facebook.com/sutterhealth | youtube.com/sutterhealth | twitter.com/sutterhealth.