Frank is a seasoned health executive with 27 years of industry experience. Prior to co-founding HealthShare360, Inc. Frank served as Executive Vice President/ President for Aetna's Private Exchange Business. He was responsible for overall development and execution for the business model positioning Aetna to capitalize on the emerging Healthcare Reform/Exchange marketplace. His responsibilities included redefining the consumer experience, redesigning the product portfolio, execution of strategic partnerships, and development of go to market strategies cutting across Individual, Small Group, Middle Market, National Accounts, and Medicare product lines.
Prior to this role, Frank served as Executive Vice President/ President of Aetna's Commercial Business where he oversaw the National Accounts, Middle Market, Small Group, Individual, Student Health, Voluntary Plans and Consumer Services business lines as well as Prodigy, the nations largest third party administrator of self-funded healthcare plans. This portfolio of businesses represented 14 million consumers and $24 Billion in total revenue.
In addition, Frank served as the Segment Head/President of Aetna's Medicare Business where he had full operating and financial responsibility for the Medicare Advantage, Medicare Part D, and Medicare Supplement business lines. Under his leadership the business grew from 80,000 members and $800 Million in revenue to serving over 1 Million members and generating $5 Billion in revenue. During this time he also successfully led Aetna through the CMS section remediation process.
Frank holds a Bachelors of Science degree in Business Administration with a concentration in Finance from the University of Delaware.
Contact Frank at fmccauley@healthshare360.com
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