ILS Appoints to Board

Independent Living Systems, a provider of care to the elderly and special needs populations has appointed four new members to its board of directors. The new appointments include Michael Leavitt, chairman of Leavitt Partners and former secretary of the US department of health and human services; Jay Rosen, health policy and economics expert at Health Management Associates; and health care investors Ann Lamont of Oak Investment Partners and Ruben King-Shaw of Mansa Capital.

PRESS RELEASE

Independent Living Systems LLC (“ILS”), a national leader in providing innovative long-term care, care management, post discharge and nutrition services to the elderly, dual eligible and special needs populations, today announced the appointment of four new members to its Board of Directors. The new appointments include Michael Leavitt, Chairman of Leavitt Partners and former Secretary of the U.S. Department of Health and Human Services; Jay Rosen, health policy and economics expert at Health Management Associates; and leading health care investors Ann Lamont of Oak Investment Partners and Ruben King-Shaw of Mansa Capital.
Nestor Plana, President and Chief Executive Officer, Independent Living Systems, stated, “These additions bring a wealth of experience in health care policy and economics, Medicare and Medicaid services, and long-term care management to our Board. We intend to leverage their expertise as we continue our focus on providing cost-effective long-term care solutions for the elderly population and expand our national footprint over the coming year.”
Michael Leavitt is founder and Chairman of Leavitt Partners, a healthcare intelligence business. Prior, Leavitt served as the Secretary of Health and Human Services from 2005 to 2009, during which time he focused on issues including Medicare and Medicaid reform and health information technology development. He also served as Governor of Utah for nearly 11 years (1993-2003) and as Administrator of the Environmental Protection Agency from 2003 to 2005.
Jay Rosen is founder and president of Health Management Associates, one of the nation’s leading health policy and health economics consulting companies, with a special focus on issues related to Medicaid, Medicare, SCHIP, and other major publicly-financed programs. Prior to founding HMA, Rosen served as the director of Planning and Policy Development in the Michigan Office of Health and Medical Affairs.
Ann Lamont is Managing Partner at Oak Investment Partners, a leading venture capital firm. She leads the healthcare and financial services technology teams at Oak and currently serves as a director of Benefitfocus, Castlight Health, Radisphere and numerous other healthcare and financial-focused companies. Prior investments include athenahealth, Payflex, Clarient, United Biosource, Odyssey and Psychiatric Solutions.
Ruben King-Shaw is Managing Partner and Chief Investment Officer of Mansa Capital, a health care private equity investment firm specialized in health care services and technology. He has over two decades of experience in healthcare policy and health economics, and had been a leader on related boards and committees including the Medicare Program Advisory and Oversight Commission. He has also served as Chief Operating Officer and Deputy Administrator of the Centers for Medicare and Medicaid Services (CMS) from 2001 to 2003.
Mr. Leavitt commented, “With the growing elderly and dual-needs populations in American today, our healthcare system must find a way to effectively and efficiently provide long-term care for these patients. ILS enables patients to remain in their home when possible, rather than in nursing homes, thereby reducing the burden on state and private health plans and allowing patients to age with comfort and dignity. At this critical time of healthcare reform, I’m pleased to be advising a company that advocates for patients while drastically reducing healthcare spend.”
ILS’ unique care model integrates healthcare management, nutritional and long-term care services in collaboration with managed care organizations, private insurers, and state and local government entities. Currently, it provides services nationwide for over two million covered lives. The Company utilizes sophisticated care analytics and logistics software and a team of highly-trained nutritionists, nurses, caregivers and other health professionals to coordinate care between health plans, hospitals, physicians and patients.
About Independent Living Systems
Independent Living Systems (“ILS”) provides an integrated suite of care management solutions that combats the fragmentation of health care today. While coordinating health plan and state benefits, ILS completes the customer support network utilizing home and community based services to bridge gaps. Its information technology backbone allows for solutions to integrate into existing customer business workflows and technology infrastructures. Real time delivery of data allows its business partners the ability to rapidly perform strategic analysis, targeted oversight and implement new interventions as their health care models change.
Founded in 2001, ILS has expanded its geographical footprint and provides services nationwide in 43 states. ILS combines sophisticated care analytics, including self-reported and clinical data, to generate care plans, which teams of highly-trained nutritionists, nurses, caregivers, and other healthcare professionals administer. ILS’ goal of optimizing health for individuals who are elderly, frail, have chronic medical conditions or other special needs is ideally positioned as a national solution for rebalancing health care costs.