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CEO Awards
Most Respect CEOs
In collaboration with the
International Institute of Management
Hall of Fame
A Special CEO Honor
CEO Profile
David Blair - CEO of Catalyst Health Solutions
The Fast Growth CEO
Company Profile
Industry: Insurance Brokers
Employees: 995
Revenues: $3.2B
Market Cap: $1.93B
CEO Awards - A Special CEO Honor
David Blair is one of the best CEOs under 40 years old. At a young
age, he took the company to great growth levels. Under his
leadership, Catalyst Health became one of the fastest growing
companies in the world.
CEO Achievements
-
Revenue growth from $5 million at IPO (1999) to $3.6 billion
in projected revenue for 2010
-
Market cap growth of 750% in 10 years, from ~$200 million in
1999 to about $1.5 billion
-
Net Income compounded annual growth rate (CAGR) of 30% since
2005
-
In the two most recent consecutive years, Catalyst Health
Solutions, Inc. has been awarded the top customer satisfaction
ratings for “Overall Service and Performance” in the Pharmacy
Benefit Management Institute (PBMI) Pharmacy Benefit Manager (PBM)
Customer Satisfaction Report
CEO Bio
David
Blair joined Catalyst in 1997 as CFO and
subsequently spearheaded a successful national marketing research
campaign to develop the Company’s supplemental benefits programs,
resulting in record growth. In 1999, Mr. Blair was named the
Company’s CEO and Director of the Company’s
Board of Directors. In 2001, Mr. Blair launched a major initiative
to complement the Company’s supplemental benefits and expanded into
the pharmacy benefit management industry through selective
acquisitions and strategic investments. Catalyst Health Solutions,
Inc. has experienced a rate of growth substantially greater than its
competitors and positioned itself as a market leader in providing
superior quality of care and unbiased pharmacy benefit management
solutions.
The company maintains a strong focus on innovation, efficiency,
and superior service and has a long-standing commitment to
transparency and flexible pricing options from traditional to fully
pass-through. With a commitment to innovation and a unique knowledge
of the healthcare industry, Mr. Blair has steered Catalyst Health
Solutions, Inc. from a small regional player to a nationally
recognized healthcare company.
The Company is built on strong, innovative principles and
provides an unbiased, client-centered philosophy, which has
consistently resulted in industry-leading client retention rates and
performance.
Prior to joining Catalyst Health Solutions, Inc., Blair
served in a financial role for United Payors and United Providers,
where he contributed to the Company’s initial public offering and
several strategic acquisitions. He is a Director of the Leadership
Board for the Christopher and Dana Reeve Foundation and is a
frequent participant in panel discussions and on advisory boards and
steering committees where he lends his entrepreneurial skills and
expertise in healthcare to advance various initiatives.
CEO Insights
"Our success at Catalyst Health has been driven by our commitment to
continually recruit and retain the best and brightest professionals
in our industry. We reinforce throughout the organization our vision
of placing the unique needs of our clients first - having a simple,
common objective empowers our employees and aligns business
decisions. We challenge our team to identify and develop innovative,
targeted solutions aimed at meeting and exceeding our clients’
expectations. We then focus on effective corporate-wide
communication processes and appropriate performance incentives. All
strategy, from the delivery of our services, to improvements that
maximize operational efficiencies, to the development of lowest net
cost solutions are built around these key principles." - David Blair
- CEO, Catalyst Health Solutions, Inc.
The Company’s commitment to transparency,
customized programs, and lowest net cost solutions in the management
of pharmacy benefits continues to drive our success - David Blair -
CEO, Catalyst Health Solutions, Inc.
CEO Endorsement
“While the abilities to think strategically, embrace innovation
and drive performance are important hallmarks of a good leader, a
great leader is one who, like David Blair, creates and sustains a
work environment that consistently motivates employees to perform at
their best. David has effectively managed through such changes by
utilizing timely communication to keep employees focused and
engaged, while maintaining a steadfast commitment to leadership
development as a means to ensure the success of the organization’s
pipeline..” -
Monica Wolfe - Vice President, HR
About Catalyst Health Solutions
Catalyst Health Solutions, Inc. (NASDAQ CHSI) manages
prescription drug benefits for more than 7 million people in the
United States and Puerto Rico. Its subsidiaries include Catalyst Rx,
a full-service pharmacy benefit manager; HospiScript Services, LLC,
one of the largest providers of pharmacy benefit management services
to the hospice industry; and Immediate Pharmaceutical Services,
Inc., a fully-integrated prescription mail service facility in Avon
Lake, Ohio. The Company's clients include self-insured employers
including state and local governments, managed care organizations,
unions, hospices, third-party administrators and individuals.
More about CEO Awards
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