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/C O R R E C T I O N -- Innovaccer Inc./

In the news release, Health Insurance Leader Fran Soistman Joins Innovaccer's Board of Advisors, issued 10-Mar-2020 by Innovaccer Inc. over PR Newswire, we are advised by the company that the press release has been updated. The corrected press release highlights information about Fran Soistman's work at Aetna until his retirement on October 1, 2019. It states how he will be a resource to Innovaccer in advancing the vision of connected care and building strategies. The press release also includes information about his expertise in the past four decades in the health insurance segments and the awards and recognitions he has received in his tenure. The complete, corrected release follows:

Health Insurance Leader Fran Soistman Joins Innovaccer's Board of Advisors

Soistman brings more than 35 years of experience in successfully leading Health Insurance business portfolios, at CVS Health-Aetna and Coventry Health Care.

SAN FRANCISCO, March 10, 2020 /PRNewswire/ -- Innovaccer, Inc., a leading San-Francisco based healthcare technology company, announced that Fran Soistman, Founder and President of Healthcare Management and Transformation Advisory Services, and former CVS Health-Aetna (Aetna)  Executive Vice President and President of Aetna's Government Services Businesses, will join its board of strategic advisors.

Fran represented Aetna on the Health Care Transformation Task Force and served as its Chairman until his retirement from Aetna on October 1, 2019. He will be a resource to Innovaccer in advancing the vision of connected care and building strategies to encourage healthcare stakeholders to improve cost and quality outcomes. His expertise in payer-provider collaboration is well aligned with Innovaccer's mission of integrating healthcare data to transform the patient experience.

Fran brings nearly four decades of leadership in all functional areas of health insurance across all business segments.  Before joining Innovaccer's board of advisors, Fran led Aetna's Government Services Business portfolio, the growth engine of the company. 

In 2004, Fran was a recipient of the Ernst and Young Entrepreneur of the Year Award in the Healthcare/Services category.  Fran currently serves on several prestigious boards, including Towson University Board of Visitors where he has served as Chairman and Vice Chairman, and the University System of Maryland Foundation Board. Furthermore, Fran represented Aetna on the Healthcare Leadership Council Board of Directors and the Health Care Transformation Task Force, which he chaired prior to his retirement.

Fran commented, "Payers and providers can achieve value-based care if they identify and work on overlapping areas of interest to boost patient satisfaction.  I am excited about Innovaccer's mission and its progress towards a unified patient record and elimination of disconnected data silos. This is a critical objective to improve outcomes and quality, reduce cost and eliminate waste."

"We are on the journey to empower healthcare stakeholders with vital information required to excel at patient care. I strongly believe that having Fran on our board of advisors, with his deep experience in operations and growth of competitive insurance markets, will strengthen our ability to reduce operational inefficiencies for our customers," said Abhinav Shashank, CEO at Innovaccer.

About Innovaccer

Innovaccer is a leading San Francisco-based healthcare technology company committed to making a powerful and enduring difference in the way care is delivered. The company leverages artificial intelligence and analytics to automate routine workflows and reduce manual overhead to facilitate more patient-centered care. Its Gartner and KLAS-recognized products have been deployed all over the U.S. across more than 1,000 locations, enabling more than 25,000 providers to transform care delivery and work collaboratively. Innovaccer's Data Activation Platform has been successfully implemented in healthcare institutions, government organizations, and corporate enterprises including Catholic Health Initiatives, Orlando Health, Hartford Healthcare, and Stratifi Health. By using the connected care framework, Innovaccer has unified 3.8 million patient records and generated more than $400M in savings. For more information, please visit innovaccer.com.

Press Contact
Sachin Saxena
Innovaccer Inc

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SOURCE Innovaccer Inc.