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IPG CEO, Jay Ethridge to Speak on Device Benefit Management Panel at AHIP's 2012 Institute

Tue, 05/29/2012 - 4:45am
The Associated Press

ATLANTA--(BUSINESS WIRE)--May 29, 2012-- IPG, a leading nationwide provider of Implantable Device Benefit Management (DBM) solutions, is pleased to announce their President and Chief Executive Officer, Jay Ethridge, will be speaking in conjunction with a distinguished panel of experts at AHIP's 2012 Institute on June 20, 2012 in Salt Lake City, UT. The panel is part of the Thought Leadership Recording which may be viewed onsite at the conference and online at www.ahip.org or www.ipg.com succeeding the conference.

The panel will review the market opportunity as it relates to device spend and health plan prioritization and challenges, taking an in-depth look at implementation models and strategies to deliver results that significantly lower health plan spend.

"IPG is playing a very important role in the changing healthcare landscape as unprecedented innovation around care coordination models is leading to new partnerships between health plans and providers," Ethridge said. "As health plans seek initiatives to address high markups, growing utilization and programs to deliver measurable cost reductions, we are excited to share IPG's Device Benefit Management solutions. Having implemented the largest statewide initiative in the industry, with actuarially validated and proven results, the AHIP Institute is a great opportunity to share our best practices in preparing for the future of Device Benefit Management." As part of the original team at Eli Lilly & Co. that spun off to create Guidant Corporation in 1994, Jay was an integral part of the success that created one of the three leading manufacturers in the medical device industry, which was ultimately purchased by Boston Scientific in 2006 for more than $24 billion. Jay has a proven track record as a results-oriented senior level operating executive with a keen understanding of the implantable medical device industry. Jay joined IPG in May 2006 and has successfully lead IPG's transition into a professionally managed and capitalized organization with more than a 218% revenue growth rate over the past three years and well positioned for future growth.

About IPG IPG works with large health plans to develop market-based solutions that deliver tangible value in the Implantable Device Benefit Management (DBM) space. The IPG model delivers increased transparency and reduced costs through sustainable partnerships with health plans, manufacturers, providers, physicians and patients. We offer solutions that influence quality, utilization, product enhancements and site of care, providing patient access to better, more affordable care and outcomes while effectively driving operational accuracies and efficiencies and lowering implant device spend. For more information about IPG, call us at 1-866-753-0046, or visit us on the web at www.ipg.com.

About AHIP America's Health Insurance Plans (AHIP) is the national trade association representing the health insurance industry. AHIP's members provide health and supplemental benefits to more than 200 million Americans through employer-sponsored coverage, the individual insurance market, and public programs such as Medicare and Medicaid.

AHIP advocates for public policies that expand access to affordable health care coverage to all Americans through a competitive marketplace that fosters choice, quality and innovation. For more information about AHIP, visit www.ahip.org.

CONTACT: IPG Kerry L. Perry, 770-753-0046 kperry@ipgsurgical.com KEYWORD: UNITED STATES NORTH AMERICA GEORGIA INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES PROFESSIONAL SERVICES INSURANCE MANAGED CARE SOURCE: IPG Copyright Business Wire 2012 PUB: 05/29/2012 08:00 AM/DISC: 05/29/2012 08:00 AM http://www.businesswire.com/news/home/20120529005182/

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