October 31, 2023
Abacus Insights Appoints New Independent Board Director
Boston, October 31, 2023—Abacus Insights, the leader in data usability for U.S. healthcare payers, is pleased to announce that it has added William McIvor to its board of directors. McIvor brings deep experience in launching, scaling and managing fast-growing healthcare businesses, health plans, technologies, services and products.
“Bill’s operational and strategic leadership at the innovative intersection of payers, providers and technology brings a wealth of knowledge and know-how to Abacus Insights’ mission of improving healthcare by making data usable,” said Minal Patel, MD, founder and CEO of Abacus Insights. “As we work to deepen our relationships with payers by enabling usable data across their businesses and networks, we will leverage Bill’s experience and passion for developing and delivering innovative and pragmatic solutions.”
“Data latency and quality issues continue to challenge payers at every turn as they try to innovate and integrate with a diverse set of partners and vendors in the healthcare delivery chain. Abacus Insights’ data usability solutions dramatically increase our payer partners’ ability to dynamically and responsively meet strategic goals,” McIvor said. “I look forward to applying my experience to drive alignment between our data management solutions and our payers’ contemporary requirements. These partnerships will serve as an example of what is possible for payers committed to improving healthcare quality and cost management.”
McIvor has been a leader in healthcare organizations for more than 30 years and has a track record of successfully developing solutions to the sector’s most pressing problems. In his most recent role for Seniorlink, now CareForth, McIvor and his team adapted the company’s caregiver collaboration technology and services products for the Medicare Advantage markets and he served as President of the company’s Seniorlink Technologies subsidiary. At NovaSom, McIvor helped build sleep management programs at both Anthem and United Healthcare. At iHealth Technologies/Cotiviti, he held executive-level, market-facing positions during a significant recapitalization with Goldman Sachs. He helped launch, grow and sell complex disease management Accordant Health Services to ADVP/Caremark/CVS.
McIvor was also Market CEO for Oxford Health Plans NY and before that Market CEO of Oxford Health Plans IL where he turned around one of its health-plan acquisitions. Earlier executive roles at Oxford Health Plans followed his four years on the Managed Care Consulting Team at Ernst and Young. Oxford Health Plans is now a United Healthcare subsidiary.
He will be Abacus Insights’ first independent director. The company’s board is comprised of 5 directors.
McIvor also serves on the Board of Trustees of the Cone Health System in NC. He previously served on the boards of Accordant Inc., Sentillion Inc., and Medvantx Inc. He is currently a board member for non-profits North Carolina Wildlife Habitat Foundation and Fellowship Hall.
Managing data for more than 21 million health-plan members, Abacus Insights is setting the new standard in healthcare data by making data accurate, complete, timely, relevant, versatile and use case and application agnostic. It has created the only data transformation platform and data solutions built specifically for payers. With 60% lower TCO and expedited time-to-value in 4 to 6 months, Abacus Insights’ HITRUST r2-certified and SOC2-certified platform and solutions are scalable, compliant, and secure.
About Abacus Insights
Abacus Insights is a healthcare technology leader with the only data transformation platform and solutions built specifically for health plans. Focused on data quality and usefulness, Abacus Insights gives payers a new level of control and flexibility with their data by developing accurate, timely, and robust ecosystems that can support any analytics or other applications. Managing data for 21 million members, Abacus Insights partners with payers to deliver scalable solutions that drive strategic initiatives, control costs, and improve member lives and experiences.