287:. Most of these investments are through their investment arm, Echo Health Ventures. In 2016 Cambia Health and the investment arm of Blue Cross Blue Shield of North Carolina, Mosaic Health Solutions, combined to form the investment entity Echo Health Ventures. According to Echo Health Ventures, their goal is to deploy capital to health care companies with a consumer-centric focus. Cambia Health Solutions has also made investments in digital health companies such as TytoCare, MDsave, Maxwell Health, Wildflower Health, PokitDok and ClearCare. It has launched companies including HealthSparq, OmedaRx, LifeMap, SpendWell, Hubbub Health and Wellero, a mobile health payment app startup launched in late 2013 then shuttered in January 2016.
303:
included
Mohandas Nair, executive vice president and chief marketing executive, who earned $ 356,681 from Washington, and $ 295,140 from Oregon for a total of $ 651,821. Regence's treasurer, Steve Hooker, treasurer, who's announced his retirement, earned $ 337,543 from Washington and $ 304,641 in Oregon for a total of $ 642,184. William Barr, executive vice president of operations, took home $ 430,926 from Washington, and $ 377,119 from Oregon for a total of $ 808,045. And, Kerry Barnett, executive vice president of Regence's corporate division, earned $ 312,482 from Washington and $ 302,990 in Oregon for a total of $ 615,472.
267:
palliative care leaders by investing in their projects and professional development. Selected scholars each receive a two-year, $ 180,000 grant to conduct innovative and effective clinical, research, education, or policy project and to develop and implement a personal leadership development plan. In addition, an advisory board member mentors each scholar. As of June 2017, the
Sojourns Scholar Leadership Program has approved four cohorts, each consisting of 40 leaders in the field (10 each year), and given out a total of $ 7.2 million in grants.
27:
263:, health care transformation, and children's behavioral health. The company's regional health plans launched their own comprehensive palliative care benefits program in June 2014. Since 2009, the Cambia Health Foundation invested more than $ 30 million to advance palliative care awareness, access and quality.
325:
In
January 2021, as the parent company of Regence BlueShield, Asuris Northwest Health and Commencement Bay Risk Management Insurance Co.; Cambia was fined $ 10,000 by Washington State for continuing its application to merge with Blue Cross BlueShield NC (BCBSNC), without filing required notification
242:
In 2015, Cambia Health
Solutions founded Cambia Grove, a health care innovation hub. According to the company, Cambia Grove was created as part of their ongoing innovation strategy. The hub focuses on supporting health care startups through the creation of a startup census, a database of health care
211:
Medical Bureau merged in 1998, as part of the unaligned movement, to form
Northwest Washington Medical Bureau. In 2001, Northwest Washington Medical Bureau merged with Regence. In 2003, Richard Woolworth retired, and Mark Ganz became CEO and president, through 2020, until retiring from the company.
202:
Medical Bureau and King County
Medical Bureau merged with the Blue Cross Blue Shield of Oregon (which had themselves merged in 1983), to form The Benchmark Group in 1995 with Richard Woolworth as CEO. Blue Cross Blue Shield of Utah joined in 1996, and Blue Shield of Idaho joined shortly thereafter,
186:
as Pierce County
Medical Bureau in 1917, when timber workers decided to pool their wages together in case one of them experienced injury or sickness. Cambia's predecessor company was formed by a series of mergers in the 1990s to create a "regional alliance" (Regence) of nonprofit health plans that
215:
In 2017, Cambia commemorated its 100-year birthday by giving all employees four hours of paid volunteer time and a 50 percent match of all of their individual charitable giving during August. That year, according to Cambia, the company had approximately 5,000 employees serving six health plans in
302:
Regence's president, Mark Ganz, earned $ 897,671 from
Regence BlueShield in Washington in 2008, including a bonus of $ 550,548. In Oregon, his compensation package totaled $ 872,665. In both states, Ganz brought home $ 1,770,336. The other high ranking Regence officials with six-figure salaries
266:
The foundation's investments include
Sojourns, a program focused on developing, planning and implementing hospital-based palliative care programs in the Pacific Northwest. In 2014, the Cambia Health Foundation created the Sojourns Scholar Leadership Program to promote the next generation of
315:
published an article on
February 8, 2012, alleging that non-profit insurance outfits, including Regence BlueShield, are stockpiling billions of dollars in reserves while simultaneously increasing their rates.
837:
995:
505:
322:
In 2016, Washington State levied $ 750,000 in fines against Cambia in response to Asuris Northwest Health and Regence BlueShield policyholder complaints of 2010 and 2011.
234:
announced a strategic affiliation, which was subsequently cancelled, due to Blue Cross Blue Shield NC management issues, followed by the retirement of Cambia CEO Ganz.
1025:
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under an administrative services agreement that allowed BSI to remain owned by its members as a mutual insurance company, but have Regence handle the management.
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would be substantial enough to continue operating in its historical service areas as national for-profit insurers entered the market.
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In the Pacific Northwest, there were approximately 30 health plans in 1997 and by 2002 there were 20. Activity increased when
956:
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In 2014, a class lawsuit was filed challenging the corporations' nonprofit status, and it was dismissed with prejudice.
136:
330:, slated as CEO of the merged company, had undergone a felony arrest while driving, and later resigned from BCBSNC.
838:"HealthSparq Creates First-of-its-kind Platform for Health Care Comparison Shopping and Appointment Purchasing"
921:"Judge Dismisses Attempted Class-Action Suit Against Regence BlueCross BlueShield of Oregon | The Lund Report"
231:
644:
480:
346:
701:"The Cambia Sojourns Scholars Leadership Program: Conversations with Emerging Leaders in Palliative Care"
191:
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platform that would allow members to comparison shop for health care and purchase medical appointments.
368:
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Cambia Health Solution invests in non-insurance health care technology and service companies such as
199:
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In 2016, HealthSparq and SpendWell Health joined under the HealthSparq brand to offer a health care
583:
506:
Executive advisory group of accomplished industry leaders guide Oregon Tech in advancing its vision
224:
195:
256:
243:
startups in Washington State that includes 468 health startups in Washington state, 305 in the
645:"Foundation Addresses Critical Need For Palliative Care Workforce And Leadership Development"
587:
247:
area, and a number of companies in the digital health, health IT, and health care services.
174:. Cambia is the parent company or a minority investor in more than 20 companies in the U.S.
700:
615:"As health tech booms, new census counts more than 460 health startups in Washington state"
8:
544:"Cambia Health Solutions Welcomes Faraz Shafiq as Chief Artificial Intelligence Officer"
152:
656:
720:
327:
259:, was founded as a grant-making organization focusing on investments in the areas of
183:
712:
652:
557:"Blues North Carolina CEO Conway to lead Cambia Health under strategic affiliation"
217:
128:
71:
260:
584:"Blue Cross NC withdraws merger application with Cambia after CEO's resignation"
678:
520:"5 things to know for Monday, including a look back at Cambia's generous month"
276:
208:
26:
969:
899:
423:"Mosaic Health, Cambia Health join forces to make digital health investments"
312:
244:
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79:
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716:
957:"Blue Cross Blue Shield of North Carolina failed to report arrest of CEO"
124:
45:
945:
State fines Regence, other insurer $ 750,000 for flawed customer service
775:"Mosaic, Cambia Health Solutions partner to create Echo Health Ventures"
959:
Office of the Insurance Commissioner Washington State; January 14, 2021
291:
284:
121:
347:
Cambia Health Solutions 2022 World’s Most Ethical Companies Honoree
227:
Officer, Faraz Shafiq, to lead its data science and A.I. activity.
892:"Surplus profits should be factored into insurance-rate decisions"
280:
996:
Pharmacy benefit management companies based in the United States
601:
Cambia, Blue Cross of North Carolina Put Proposed Merger on Hold
751:
747:"Strategic Investors: A Digital Health Start-Up's Best Friend?"
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75:
144:
799:"Cambia Shutters Its Mobile Health Payment Startup, Wellero"
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813:"Cambia startup helps consumers get savvy about drugs"
865:"Congress' Look at Executive Pay Includes Regence"
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1026:Medical and health organizations based in Oregon
976:Financial services companies established in 1996
967:
638:
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392:"New name for Regence Life and Health Insurance"
255:In 2007, the Cambia Health Foundation, Cambia's
1016:Health insurance companies of the United States
801:by Jasmine Pennic; Health IT; January 29, 2016.
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223:In 2018, the company appointed its first Chief
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1021:Members of Blue Cross Blue Shield Association
711:(8). Journal of Pallative Medicine: 804–812.
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643:Maguire, Peggy; Pantilat, Steven Z. (2017).
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170:Prior to November 2013, Cambia was known as
16:Health insurance company in Portland, Oregon
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1006:Health care companies established in 1996
991:Economy of the Northwestern United States
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603:Wall Street Journal; September 24, 2019.
232:Blue Cross Blue Shield of North Carolina
198:Medical Bureau, and increased more when
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364:"Regence parent changes name to Cambia"
307:Regulation, investigations and lawsuits
1001:American companies established in 1996
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582:Eanes, Zachery (September 28, 2019).
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981:Companies based in Portland, Oregon
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546:State of Reform; September 7, 2018.
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613:McGrane, Clare (30 January 2018).
508:Klamath Falls News; March 1, 2021.
362:Andy Giegerich (7 November 2011).
137:Blue Cross Blue Shield Association
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657:10.1377/forefront.20170713.061037
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220:to more than 2.6 million people.
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947:Seattle Times; August 24, 2016.
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452:"Cambia Profiles in Innovation"
349:World's Most Ethical Companies.
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986:Healthcare in Portland, Oregon
705:Journal of Palliative Medicine
699:Cruz-Oliver, Dulce M. (2017).
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461:. Cambia Health Solutions, Inc
390:Brad Carlson (22 March 2012).
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230:On March 12, 2019, Cambia and
131:. It is the parent company of
91:Jared Short, CEO and president
1:
1011:1996 establishments in Oregon
844:. Cambia Health. 21 July 2016
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896:Seattle Times - Opinion
225:Artificial Intelligence
216:four states, providing
157:Asuris Northwest Health
118:Cambia Health Solutions
20:Cambia Health Solutions
863:Lund-Muzikant, Diane.
485:Reference for Business
298:Executive compensation
925:www.thelundreport.org
717:10.1089/jpm.2017.0182
588:The News and Observer
396:Idaho Business Review
561:modernhealthcare.com
182:Cambia began in the
927:. 17 September 2014
779:Health Care Finance
675:Boston College News
481:"The Regence Group"
207:Medical Bureau and
97:Number of employees
21:
842:Cambia Health News
811:Hayes, Elizabeth.
745:Moukheiber, Zina.
671:"Sojourns Scholar"
135:, a member of the
19:
518:Giegerich, Andy.
328:Patrick H. Conway
184:Pacific Northwest
172:The Regence Group
161:BridgeSpan Health
127:company based in
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68:Headquarters
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271:Investments
196:King County
125:health care
46:Health care
970:Categories
931:2019-06-15
334:References
292:e-commerce
153:Washington
87:Key people
619:Geek Wire
326:that Dr.
285:True Link
257:501(c)(3)
218:insurance
122:nonprofit
63:Mark Ganz
37:Nonprofit
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875:24 April
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758:24 April
730:24 April
725:28525294
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625:24 April
567:12 March
529:24 April
491:24 April
465:24 April
433:24 April
72:Portland
42:Industry
281:Qliance
178:History
165:LifeMap
133:Regence
106:Website
60:Founder
52:Founded
752:Forbes
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283:, and
163:; and
151:, and
141:Oregon
76:Oregon
455:(PDF)
401:2 May
375:2 May
145:Idaho
120:is a
907:2018
877:2018
850:2018
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760:2018
732:2018
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686:2018
627:2018
569:2019
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377:2014
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149:Utah
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