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Independence Blue Cross Chief Operating Officer to Retire in July 2010
Date:10/29/2009

"In challenging times like these, it is important that IBC continues to be led by seasoned industry experts, and our board has full confidence in the proven leadership of Dan Hilferty and Steve Udvarhelyi and the strength of the team they will form with our CEO Joe Frick," said IBC board chairman Walter D'Alessio.

Commented H. Ray Welch, Jr., chair of the board of the AmeriHealth Mercy Family of Companies: "Dan Hilferty's leadership has driven the success of AmeriHealth Mercy for more than a decade. His appointment to a top executive role at IBC is a natural progression in a long career of increasingly responsible leadership positions. We are fortunate to have great bench strength at AmeriHealth Mercy, with our Executive Vice President Michael Rashid, who is ready to take the reins as CEO."

Hilferty is known nationally as a leader in the publicly insured managed care industry and an advocate for health care access and quality, and is the board president of Medicaid Health Plans of America, a trade and advocacy organization. Hilferty has more than 25 years of experience in health care, government affairs, communications and education, having worked in government affairs for Mercy Health System in Southeastern Pennsylvania and as executive director of PennPorts with the Office of Pennsylvania Governor Robert P. Casey.

Dr. Udvarhelyi is a board certified internist and has almost 20 years of experience in the managed care industry, including working with the health plans of the Prudential Insurance Company of America in Florida, Georgia and New Jersey and as a faculty member at Harvard Medical School. As chief medical officer at IBC, Dr. Udvarhelyi has had overall responsibility for medical management programs and policies, provider contracting and provider relations, enterprise-wide information management (informatics), and pharmacy services, which includes IBC's pharmacy benefit management subsidiaries, FutureScripts and FutureScripts
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SOURCE Independence Blue Cross
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