Navigation Links
SCAN Health Plan Appoints Arthur Henkel Vice President of Mergers and Acquisitions

Announcement Reaffirms Not-for-Profit Company's Desire to Serve Seniors and

Disabled Through Growth Opportunities Outside of Existing Markets

LONG BEACH, Calif., July 8 /PRNewswire/ -- Arthur Henkel, a longtime veteran of both healthcare and investment banking, has been appointed vice president of mergers and acquisitions for SCAN Health Plan, company President and CEO David Schmidt announced today. With this appointment, the not-for- profit health enterprise has strengthened its commitment to grow and expand its reach beyond its current base in Southern California and Arizona with a continuing focus on the Medicare-eligible population.

"The number of Americans currently enrolled in government-sponsored programs for seniors and the disabled is continuing to rise and will soon comprise nearly 40 percent of our nation's current health expenditures," said Schmidt. "Over the past 30 years, SCAN has built a unique knowledge base of serving this population. Aggressively exploring other markets into which we can take our track record of success not only makes good business sense but is fully consistent with our mission of service to these individuals."

According to Schmidt, as a regionally based health plan, SCAN currently has only a "limited ability to participate in and influence public policy debates about proposed changes to the healthcare systems for seniors and persons with disabilities. By exporting our experience into other markets, we believe SCAN can play an important role in advocating for seniors and positively influencing the direction of a variety of geriatric care issues confronting our nation," Schmidt said.

Henkel brings to his new role more than three decades of investment banking experience, during which time he arranged financings totaling in excess of $15 billion for healthcare clients nationwide. Aside from capital markets transactions, Henkel also acted as financial advisor in a number of merger and acquisition assignments involving hospitals, long-term care facilities, specialty hospitals, renal care providers and managed care organizations. He began his career as a consultant with Booz, Allen and Hamilton and later served in an administrative position at New England Medical Center in Boston.

A graduate of the University of Connecticut with concentrations in economics and history, Henkel received an MBA from the University of Chicago with concentrations in finance and healthcare administration. There he was the recipient of the Mary H. Bachmeyer Award as the top graduating student in health care administration. While at New England Medical Center, Henkel also served as a clinical instructor at the Tufts University Medical School, teaching a course on healthcare economics.

For more than 30 years, SCAN Health Plan has been focusing on the unique needs of people with Medicare and today is the fourth largest nonprofit Medicare Advantage Plan in the United States. The company currently serves more than 105,000 members in Los Angeles, Orange, Riverside, San Bernardino, San Diego, Ventura and Kern counties. In Arizona, SCAN offers a health plan for Medicare and Medicaid-eligible individuals and also provides long-term care services to individuals enrolled in the state's long-term care system in Maricopa County. Further information may be obtained at

Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Penn study finds pro-death proteins required to regulate healthy immune function
2. UCLA researchers identify markers that may predict diabetes in still-healthy people
3. Air pollution linked to cardiovascular risk indices in healthy young adults
4. More proof needed of safety and quality of electronic personal health records
5. Health care incentive model offers collaborative approach
6. Loneliness is bad for your health
7. Mailman School of Public Health study examines link between racial discrimination and substance use
8. Green Tea May Brew Up Healthier Skin
9. For Health Info, Women Often Turn to the Web
10. Record Number of Americans Lack Health Insurance
11. U.S. Research Funding Continues to Flatten as U.S. Health Costs Climb - in August 31 Science
Post Your Comments:
(Date:6/25/2016)... ... 2016 , ... As a lifelong Southern Californian, Dr. Omkar Marathe earned his ... David Geffen School of Medicine at UCLA. He trained in Internal Medicine at Scripps ... in hematology/oncology at the UCLA-Olive View-Cedars Sinai program where he had the opportunity to ...
(Date:6/25/2016)... ... ... Friday, June 10, Van Mitchell, Secretary of the Maryland Department of Health and Mental ... exemplary accomplishments in worksite health promotion. , The Wellness at Work Awards took place ... BWI Marriott in Linthicum Heights. iHire was one of 42 businesses to receive an ...
(Date:6/24/2016)... ... June 24, 2016 , ... A recent article ... are unfamiliar with. The article goes on to state that individuals are now more ... these less common operations such as calf and cheek reduction. The Los Angeles area ...
(Date:6/24/2016)... ... June 24, 2016 , ... June 19, 2016 is ... associated with chronic pain and the benefits of holistic treatments, Serenity Recovery Center ... suffering with Sickle Cell Disease. , Sickle Cell Disease (SCD) is a disorder of ...
(Date:6/24/2016)... ... 24, 2016 , ... The Pulmonary Hypertension Association (PHA) learned ... receive two significant new grants to support its work to advance research and ... by recognizing patients, medical professionals and scientists for their work in fighting pulmonary ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)...  Arkis BioSciences, a leading innovator in the ... cerebrospinal fluid treatments, today announced it has secured ... led by Innova Memphis, followed by Angel Capital ... Arkis, new financing will accelerate the commercialization of ... of its in-licensed Endexo® technology. ...
(Date:6/23/2016)... Research and Markets has announced the addition of the ... report to their offering. ... failure, it replaces the function of kidneys by removing the ... the treatment helps to keep the patient body,s electrolytes such ... Increasing number of ESRD patients & substantial healthcare expenditure on ...
(Date:6/23/2016)... , June 23, 2016 ... "Pharmaceutical Excipients Market by Type (Organic Chemical (Sugar, ... Formulation (Oral, Topical, Coating, Parenteral) - Global Forecast to ... The global pharmaceutical excipients market ... at a CAGR of 6.1% in the forecast period ...
Breaking Medicine Technology: