Healthcare >> CEO Interviews >> September 13, 2002

Jay Gellert – Health Net Inc (hnt)

JAY M. GELLERT is President and Chief Executive Officer of Health Net, Inc., one of the nation's largest publicly traded managed health care companies. Mr. Gellert joined the company in 1996 as President and Chief Operating Officer of one of Health Net's predecessor companies, Health Systems International, Inc. (HSI). He also served on the HSI Board of Directors and as Chairman of the Board for HSI's principal operating subsidiaries, Health Net and QualMed. In 1997, Health Systems International merged with Foundation Health Corporation to form Foundation Health Systems, Inc. (FHS). In November of 2000, FHS changed its name to Health Net, Inc. Health Net is currently ranked 192 on the Fortune 500 list of US corporations (based on 2001 revenues). Prior to joining Health Net, Mr. Gellert directed Shattuck Hammond Partners Inc.'s strategic advisory engagements in the area of integrated delivery systems development, managed care network formation and physician groups practice integration. From 1988 to 1991, Mr. Gellert was President and Chief Executive Officer of Bay Pacific Health Corporation, a Northern California health maintenance organization (HMO). From 1985 to 1988, Mr. Gellert was Senior Vice President and Chief Operating Officer for California Healthcare System. Mr. Gellert serves on several boards, including the American Association of Health Plans (AAHP); MedUnite, Inc.; Miavita, Inc. and Ventas, Inc. In addition, he is a member of California's Advisory Committee on Managed Health Care. He is a member of the board of directors of the Council for Affordable Quality Healthcare (CAQH), serves on the CAQH Executive Committee and is chairman of its Administrative Simplification Committee. Mr. Gellert holds a BA degree from Stanford University. Profile
TWST: Could we begin with a brief historical sketch of some of the

highlights in the evolution of Health Net, Inc.?

Mr. Gellert: Health Net is the result of the April 1997 merger