Accomplished Health Care Executive to Help Further Castlight’s Engagement with Leading Employers and Health Plans
SAN FRANCISCO – January 10, 2013 – To support and advance its position as the leader in Health Care Transparency, Castlight Health today announced Tracy Bahl has joined the company as a special advisor. Bahl, who brings decades of expertise in growing health care businesses to his advisor role, will be working with Castlight to further advance its strategy and partnerships with key employers and health plans.
“With a wealth of experience in the health care industry, Tracy brings a strong vision and key relationships to Castlight,” said John Driscoll, Castlight Health president. “As a special advisor, Tracy will help us evolve how we engage and partner with health plans and employers, making access to critical health care cost and quality information a reality for more Americans.”
Bahl has a proven track record of success advising and leading health care companies. Bahl currently serves as a special advisor to global growth equity firm General Atlantic where he focuses on health care-related activities. Previously, Bahl served as CEO for Uniprise, a UnitedHealth Group Company, where he advanced the company’s position as the leading provider of health care solutions to large employers and led the company’s technology, service and consumer health care operations. He also has served as Executive Chairman of Emdeon and held senior executive positions at CIGNA HealthCare.
“Health Care Transparency is changing the way we experience and consume health care – for the better,” said Bahl. “Castlight has already made an indelible impact on the industry, and I’m excited to be working with the Castlight team to further expand its business and partnerships.”
Based on increasing demand for Health Care Transparency solutions, Castlight continues to experience incredible growth. In 2012, Castlight added significant new leaders to its management team. Over the past year, Castlight also secured $100 million in funding and was named one of the top emerging health care companies by the Wall Street Journal.
About Castlight Health
Castlight Health enables employers, their employees, and health plans to take control of health care costs and improve care. Named #1 on The Wall Street Journal’s list of “The Top 50 Venture-Backed Companies” for 2011 and one of Dow Jones’ 50 Most Investment-Worthy Technology Start-Ups, Castlight Health helps the country’s self-insured employers and health plans empower consumers to shop for health care. Castlight Health is headquartered in San Francisco and backed by prominent investors including Allen & Company, Cleveland Clinic, Maverick Capital, Morgan Stanley Investment Management, Oak Investment Partners, Redmile Group, T. Rowe Price, U.S. Venture Partners, Venrock, Wellcome Trust and two unnamed mutual funds. For more information, please visit our web site at http://www.castlighthealth.com or call (415) 829-1400.
Blanc & Otus for Castlight Health