Friday, May 23, 2008

New President and CEO

CAPITAL DISTRICT PHYSICIANS’ HEALTH PLAN APPOINTS JOHN D. BENNETT, MD, FACC, PRESIDENT AND CEO

ALBANY, NY – May 6, 2008 - The CDPHP® Board of Directors has selected John D. Bennett Jr., MD, FACC, as its new president and chief executive officer. Dr. Bennett, currently chairman of the board of directors at CDPHP, will replace William J. Cromie, MD, MBA, effective July 1, 2008. When Dr. Bennett assumes the new position, he will relinquish his role as chairman. Dr. Cromie announced in March that he would step down due to health reasons.

“Our board of directors has made a great selection,” said Dr. Cromie. “Dr. Bennett’s experience as our board chairman, management in his own medical practice, and more than two decades as a local cardiologist allow him to understand the needs of the Plan and those of the local physician community. Furthermore, his guidance and work on our corporate strategy over the years will ensure the continuity of our success.”

“I have worked closely with Dr. Cromie for the past seven years to help transform CDPHP from a traditional health insurance company into a health value company that focuses on improving care while reducing costs. I look forward to the exciting challenges that this position will offer while continuing to pursue this mission,” said Dr. Bennett.

Dr. Bennett was named chairman of the CDPHP board in September 2003. Prior to that, he had served as vice chairman and has been a member of the CDPHP board since 1996.

He earned his medical degree at SUNY Downstate Medical Center, Brooklyn, and a bachelor’s of science degree at Rensselaer Polytechnic Institute (RPI). Dr. Bennett completed an internship and residency in internal medicine and a fellowship in cardiovascular disease at Albany Medical Center. A practicing cardiologist in the Albany area since 1983, he is board certified by the National Board of Medical Examiners and the American Board of Internal Medicine with subspecialties in both internal medicine and cardiology.

Dr. Bennett currently practices with Albany Associates in Cardiology (a division of Prime Care Physicians, PLLC) and is chief of the division of cardiology at Albany Memorial Hospital. Prime Care Physicians is a multi-specialty medical practice with 110 providers in primary care, cardiology and radiology. In November 2007, Dr. Bennett became interim CEO of Prime Care. Since then, he has focused on reorganizing the structure and governance of the medical practice.

About CDPHP® (www.cdphp.com)
Founded and guided by physicians, CDPHP and its affiliates currently serve members in 29 counties throughout New York state and seven counties in Vermont. The four affiliated companies of CDPHP include a family of products: Capital District Physicians' Health Plan, Inc.—HMO, Healthy New York, Medicare Choice, Medicaid, Child Health Plus, and Family Health Plus. CDPHP Universal Benefits,® Inc. —PPO, High Deductible PPO, POS, and EPO. Capital District Physicians' Healthcare Network, Inc. —self-insured plans; and APA Partners, Inc. —third party administration (TPA). Visit CDPHP at www.cdphp.com.

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