Blackstone (NYSE:BX) currently declared the appointment of Jeff Margolis, former Chairman and CEO of TriZetto and the prior CEO and current Chairman of Welltok, Inc., as a Senior Advisor. Mr. Margolis delivers more than 35 several years of understanding and knowledge rising impressive health care technology and support organizations, from early-stage by way of class-leadership, to recommend Blackstone and its portfolio businesses.
Ram Jagannath, a Senior Controlling Director at Blackstone, said: “We’re thrilled to have Jeff be part of us as a Senior Advisor as we proceed to discover and back again innovators in the healthcare house. His strategic experience in implementing advanced technologies to deal with the complex worries across the healthcare ecosystem will assistance our workforce much better commit in, and guidance, the evolution and growth of leading businesses in this field.”
Jeff Margolis additional: “I’m enthusiastic to guidance the Blackstone team’s commitment to systematically implement funds and field believed leadership to accelerate development at the nexus of healthcare and technologies. Blackstone’s skills and operational resources can engage in a vital part in scaling the upcoming era of healthcare know-how and providers firms that meaningfully make improvements to the well being of people and populations across the world.”
Jon Korngold, International Head of Blackstone Development, mentioned: “We’re fired up to welcome Jeff as a Senior Advisor. His extended-standing, multi-faceted knowledge in health care information and facts technology throughout non-public and authorities payers, companies, employers and pharma will profit each our financial commitment pros and our portfolio businesses as we assistance business owners navigate speedily shifting environments.”
Mr. Margolis’ intensive expertise includes a 10 years as a Chief Facts and Technology Officer, followed by 20 yrs as the CEO and/or Chairman of publicly traded and non-public healthcare technology organizations. He most just lately served as the Chairman and CEO at Welltok, Inc., where by, around seven many years, he led the enterprise from a pre-income start out-up to turn into a main enterprise buyer activation corporation, which engaged with buyers 193 million instances in 2020. In advance of becoming a member of Welltok, Inc., Mr. Margolis established and used 14 yrs at TriZetto Company, the initially vertical SaaS organization computer software company, wherever he served as chairman and CEO. He is the writer of several publications, such as his soon-to-be-produced Not Just In Sickness, But Also In Wellbeing (ForbesBooks 2021).
In addition, Mr. Margolis at this time serves as Chairman at NextGen Health care (NASDAQ:NXGN), Vice Chairman at TriNetX and also as a board member at Alignment Health care. In the not-for-income world, he serves as a board member of Hoag Healthcare facility and is Chairman of Hoag Clinic, and is also Chairman of the College of California at Irvine’s Center for Electronic Transformation. Jeff is an AIPCA Licensed International Administration Accountant and a Management Fellow with the National Association of Corporate Administrators (NACD). Jeff holds a Bachelor of Science degree with high honors in Company Administration–Management Details Units from the College of Illinois at Urbana-Champaign.
Blackstone is one particular of the world’s foremost investment firms. We look for to produce favourable economic impression and extensive-time period price for our investors, the firms we spend in, and the communities in which we operate. We do this by utilizing amazing people today and adaptable capital to help providers remedy issues. Our asset administration organizations, with $584 billion in belongings beneath management, incorporate expense vehicles centered on private equity, genuine estate, general public financial debt and fairness, development equity, opportunistic, non-expense grade credit rating, serious belongings and secondary cash, all on a international foundation. Even more details is available at www.blackstone.com. Stick to Blackstone on Twitter @Blackstone.
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