Cardium Health Positioned For Market Leadership With New Chief Executive Officer
Cardium Health Services, Inc., a leading provider of health and disease management programs to large, self-insured employers, today announced the promotion of Daniel Cave to president and chief executive officer. Mr. Cave replaces Charleen Ernst, the companyÂ’s co-founder and former CEO.
(PRWEB) October 2, 2004 -
Cardium Health Services, Inc., a leading provider of health and disease management programs to large, self-insured employers, today announced the promotion of Daniel Cave to president and chief executive officer. Mr. Cave had served as chief operating officer since joining Cardium Health in September 2003. Prior to his promotion, he had assumed additional responsibility for the companyÂ’s sales and marketing functions.
From 1997 to 2000, Mr. Cave served as President of Prudential HealthCareÂ’s Specialty Healthcare business operation, where he had responsibility for the companyÂ’s disease management, pharmacy benefit management, behavioral healthcare, workerÂ’s compensation, utilization management and long-term care business operations. Following his tenure at Prudential HealthCare, Cave served as Vice President of Operations for CIGNA Pharmacy Management.
Mr. Cave replaces Charleen Ernst, the company’s co-founder and former CEO. Cave commented, “On behalf of the company, I wish to thank Charleen for her contributions and wish her well in the future.”
In addition to extensive experience at the senior executive level in the healthcare services and employee benefits industry, Mr. Cave co-founded an early-stage cardiovascular disease management company in the mid-1990Â’s.
“Dan is an accomplished executive who was recruited to the company for his strategic vision and operating expertise in leading healthcare service businesses. Over the past year, he has driven the redesign of Cardium Health’s operating model and service integration capabilities, both of which have been instrumental in the company’s recent dramatic growth“, noted Tim Buono, a principal at the Greenwich, Connecticut-based investment firm Tullis-Dickerson & Co., Cardium Health’s largest shareholder. Buono added “Dan is a high-energy leader with outstanding strategic skills and a strong record of success; we’re pleased to have him as Cardium Health’s Chief Executive.”
Charles Schellhorn, President and CEO of Argus Health Systems and member of Cardium Helath’s Board of Directors, also commented, “I’ve known Dan professionally and personally for a number of years. He is a talented leader with over 20 years of experience in virtually all aspects of employee benefits and healthcare services, and I am confident that Cardium Health’s future is bright with Dan as the company’s Chief Executive.”
About Cardium Health: Cardium Health is a national health and disease management company. As one of the leading providers of disease management programs to large, self-insured employers, the companyÂ’s core focus is on reducing health care costs related to heart disease, diabetes, asthma, chronic obstructive pulmonary disease, back pain and smoking, while improving the health and wellness of the aging workforce. Cardium Health's programs are based on proven clinical and economic best-practice protocols and easily integrate into employers' back-to-work and wellness initiatives. For more information about Cardium Health and its programs, visit www. cardiumhealth. com, email cardium@cardiumhealth. com, or call 860.677.8900.
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