Pearl Health, a leading technology company focused on physician enablement and risk bearing in value-based care, today announced the addition of Bill Georges, formerly Chief Strategy Officer of Horizon Blue Cross, who joins the Pearl team as Senior Growth Advisor. Georges, who has also been named Partner with Pearl investor AlleyCorp Healthcare, will embed deeply within Pearl to accelerate the company’s impact and scale.
In addition to enabling primary care practices with finances, technology, and services to participate in Medicare’s ACO REACH model, Pearl Health is increasingly partnering with both primary care organizations and payers to expand value-based care innovation and drive performance in Medicare Advantage plans. As a renowned executive and leader in payer business development, Georges brings invaluable experience to Pearl as the company increasingly contracts with payers and continues its expansion into Medicare Advantage.
Georges brings to bear two decades of payer experience across corporate venture, product, strategy, and other leadership roles. The addition of such an industry leader reflects both the continued growth of healthcare at AlleyCorp and Pearl Health’s rapid rise in partnering with primary care organizations across the country in risk-based arrangements through Medicare’s ACO REACH.
“As our healthcare system shifts from volume to value, insurers are likely to rely more and more on provider organizations that have the ability to quantify costs up front, thereby enabling the insurers to price their plans with much more accuracy and manage their risk more effectively,” said Michael Kopko, CEO of Pearl Health. “In this new paradigm, providers who become more facile and skilled in cost management, value alignment, and the economics of payers will find themselves in privileged financial positions as well. Bill knows this landscape better than anyone — his expertise makes him particularly well positioned to help Pearl facilitate cost-sharing arrangements that benefit both sides of the marketplace. We’re excited to welcome him to the Pearl Health team.”
In his capacity as Senior Growth Advisor, Georges joins a Pearl team of leaders from Oscar, Bridgewater, Humana, athenahealth, Clover, Village MD, Steward, and Mount Sinai, among other leading healthcare organizations. Since its founding in 2020, Pearl has raised more than $20M in funding from investors such as Andreesseen Horowitz, AlleyCorp, and Silicon Valley Bank, and has grown to serve customers across 29 states.
Additional Information & Media Contact
Bill Georges, Professional Biography
Bill Georges was previously Senior Vice President and Chief Strategy Officer at Horizon Blue Cross Blue Shield of New Jersey. In his role as Senior Vice President and Chief Strategy Officer, Bill was responsible for developing and overseeing the Company’s corporate strategy, expanding its business development and leading the Strategic Initiatives Group, which develops and implements key business programs. He also led the Company’s Enterprise Project Management Office and Business Process Improvement functions, and managed the Company’s venture fund investments. Prior to his nearly 15 years at Horizon Blue Cross, Bill was Vice President and Senior Analyst at J.P. Morgan Securities, where as a sell-side analyst, he covered the managed care industry. Bill holds a Bachelor’s degree, magna cum laude, in Economics from Brown University, a Juris Doctor degree from Villanova University and an MBA in Entrepreneurial Management and Finance from the Wharton School at the University of Pennsylvania.
About Pearl Health
Pearl Health is democratizing access to value in healthcare. Led by provider enablement, risk-bearing, and technology experts, Pearl offers software and services that help primary care organizations reimagine how they visualize, understand, and care for their patients. Pearl supports primary care organizations in their transition to value-based care and surfaces data and insights that help them deliver better, more proactive care, decrease total cost of care across patient panels, and optimize performance in risk-bearing models, starting with Medicare’s ACO REACH. Since its founding in 2020, Pearl received more than $20M in funding from investors such as Andreesseen Horowitz, AlleyCorp, and Silicon Valley Bank, and has grown to serve customers in 29 states and Washington, DC.
About AlleyCorp
AlleyCorp is a $600M+ evergreen venture fund and a leading player in the New York tech ecosystem. Founded by serial entrepreneur Kevin Ryan, AlleyCorp is dedicated to growing transformative companies in New York and across the globe in three principal ways: by founding them (prior incubations include MongoDB, Gilt Groupe, Business Insider, Zola, and Nomad Health); by investing in and supporting early-stage companies (across pre-seed, seed, and series A); and as a limited partner (investing in 30+ top funds globally). AlleyCorp also operates specialized funds in a range of areas including a $100M healthcare fund, a $30M robotics fund, and a $25M social impact fund. AlleyCorp also has a fifty-person engineering team in Canada and a ten-person engineering team in Bogota that work for the team’s early stage companies. For more information, please visit alleycorp.com.
Contact
Madison Klein
Director, Product Marketing, Pearl Health
562-310-6219
[email protected]
