MEDICAL PRESENT VALUE EXPANDS BOARD OF DIRECTORS, NAMING MILLON AS CHAIRMAN, ADDING PARKER
(PRWEB) June 6, 2002
SAN ANTONIO, TX – May 29, 2002 – Medical Present Value, Inc. (www. mpv. com), a health care company striving to align and bring uniformity to financial transactions between payors and providers, has named Jean-Pierre (J. P.) Millon as chairman of the board. At the same time, the company announced that John O. Parker, Jr. has joined its board of directors.
Commenting on the announcement, James M. O. Rubin, president and CEO of Medical Present Value, Inc. (MPV), said, “J. P. and John are distinguished executives that bring an immeasurable degree of leadership and expertise to our board. Their extensive experience across the health care continuum will add valuable strategic insight and provide guidance that will help shape the company’s direction.”
J. P. Million is an advisory board member of Care Capital, LLC., a New Jersey-based venture capital fund. He is cofounder of BLS, LLC, a consulting and investing entity based in Indianapolis. Million also serves on the AdvancePCS board, a publicly traded pharmacy benefit management company, and on the IphysicianNet board, a privately held pharmaceutical communication company. He is also a partner in Areks, a Swiss-based pharmaceutical service company. Until September 2000, Millon was president and chief executive officer of PCS Health Systems, one of the countryÂ’s largest pharmacy benefit managers. Prior to joining PCS in 1995, Millon was an executive with Eli Lilly and Co., PCSÂ’ former parent company. His career with Lilly spanned two decades and was highlighted by leadership positions in the United States, the Orient, Europe, and the Caribbean Basin.
Millon is a member of the Global Advisory Council of The American Graduate School of International Management; Northwestern UniversityÂ’s Graduate School of Management Alumni Advisory Board; the DeanÂ’s Council of 100 of the College of Business at Arizona State University; the Barrow Neurological Foundation Board of Trustees; and the International Advisory Council for the Barrow Neurological Institute.
Millon holds a degree in mechanical engineering from Ecole Centrale de Lyon in France, a degree in economics from the University of Lyon, and an MBA from Northwestern University.
John O. Parker is a Venture Partner with Rho Ventures, a New York-based venture capital fund, and a founding partner of Care Capital, a venture capital fund specializing in health care investments. Previously, he was a senior vice president and the chief information officer (CIO) at SmithKline Beecham, where since 1991 he was responsible for strategy, planning, and organization of all information technology worldwide.
Before joining SmithKline Beecham, Parker served as CIO at Sea-Land Service, Inc., the ocean shipping and global logistics unit of CSX Corp. He also served as CIO for both Squibb Corp., and Baxter Healthcare. Prior to Baxter, he served as vice president and general manager of Corning Inc.'s Information Management Services Division, which provided clinical and patient account information systems and solutions to clients.
Parker has served in various board and advisory roles on pharmaceutical, health care, and information technology associations. He currently serves on the board of directors of Express Scripts, Inc., one of the nationÂ’s leading pharmacy benefits managers, and on the board of PHT Corp., a leading provider of advanced information technology solutions for the pharmaceutical industry, biotechnology firms, and medical device companies for the collection and processing of clinical trial data. He also chairs the strategic advisory board for PanamaTech, Inc., a provider of Web-based e-commerce technology solutions.
Parker received a BA degree in mathematics from Bowdoin College, Brunswick, Maine and an MBA from the Harvard University Graduate School of Business Administration.
About MPV
Medical Present Value Inc. (MPV), based in San Antonio, Texas, is an information technology services firm aligning financial transactions between health care payors and providers. The company's powerful contract-based solutions bring clarity and accuracy to the complex claims, contracts and reimbursements flowing between physicians, hospitals, and payors. The company currently has over 30 clients, representing over 1,200 Texas physicians, hospitals and payor clients including Medicare, and is expanding nationally in 2002. MPV is endorsed by the Texas Medical Association (TMA), the Texas Orthopaedic Association (TOA), and the Illinois State Medical Society (ISMS). For more information about MPV and its products and services, visit the company's web site at www. mpv. com.
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Media
Leigh Nyveen
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