Devon Health Services Names Health Insurance Veteran George E. Bennett as New President

KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Devon Health Services Inc., a national healthcare cost management company and the largest privately-owned Preferred Provider Organization (PPO) in the Northeast United States, has announced George E. Bennett as its new president.

“Mr. Bennett is a proven business executive who has made a tremendous impact in the healthcare industry, and we are proud that he will be leading our company forward”

Mr. Bennett has over 40 years of business experience in the healthcare industry. He has helped lead some of the nation’s largest healthcare companies, including United, Cigna, and Humana, and served as president of First Health, a wholly owned subsidiary of Coventry Health Care that provides national PPO network access and other cost containment programs. Mr. Bennett will shape strategy for both Devon Health Services and Consilium, the company’s healthcare cost containment and out-of-network claims negotiation division.

“Mr. Bennett is a proven business executive who has made a tremendous impact in the healthcare industry, and we are proud that he will be leading our company forward,” says Dr. John A. Bennett, founder and CEO of Devon Health Services. “From managed care strategy to benefit design to product development for self-insured entities, Mr. Bennett has strong roots in the health care industry and an even stronger passion for helping people gain access to quality, affordable care. We will rely on his expertise to navigate us through an ever-changing healthcare market and count on his leadership and relationships to grow our business.”

Mr. Bennett has also served as vice president of field sales and service for The Travelers Insurance Company, vice president and chief marketing officer of Group Health Plan, and various other senior leadership positions in sales, marketing, and account management. He graduated from Texas Tech University with a Bachelors Degree in Business Administration.

Background on Devon Health Services, Inc.

Devon Health Services, Inc., (www.devonhealth.com) is a national healthcare cost management company and the largest privately-owned Preferred Provider Organization (PPO) in the Northeast. The company works with partner networks, third-party administrators (TPA), self-insured organizations, and healthcare providers to increase access to quality, affordable healthcare. Devon Health offers complete healthcare benefit packages, including national and regional PPO networks, Pharmacy, Dental, Vision, Workers’ Compensation, and Motor Vehicle networks, and claims settlement services. Devon Health was founded in 1991 and is headquartered in King of Prussia, Pennsylvania.