August 22, 2014 10:26 AM ET

Commercial Services and Supplies

Company Overview of Blue Cross and Blue Shield Association

Company Overview

Blue Cross and Blue Shield Association offers health insurance services. The association also provides healthcare management services. Blue Cross and Blue Shield Association was founded in 1929 and is based in Chicago, Illinois.

225 North Michigan Avenue

Chicago, IL 60601

United States

Founded in 1929

Phone:

312-297-6000

Fax:

312-297-6609

Key Executives for Blue Cross and Blue Shield Association

Chief Executive Officer and President
Chief Financial Officer and Senior Vice President
Senior Vice President of Office of Policy and Representation
Senior Vice President of National Programs
Senior Vice President of Clinical Affairs and Chief Medical Officer
Compensation as of Fiscal Year 2014.

Blue Cross and Blue Shield Association Key Developments

Bupa Announces Strategic Partnership with Blue Cross Blue Shield system to Create a Global Healthcare Provider Network

Bupa has announced a strategic global partnership with the Blue Cross Blue Shield system (BCBS) to create a global healthcare provider network, including 11,500 hospitals and 750,000 medical professionals in 190 countries. The partnership will combine BCBS's US network, their existing international network (accessed through their IPMI product, GeoBlue), and Bupa's non-US international hospital network. Bupa and BCBS will also develop new international health insurance products, which will be available to customers and employers worldwide for coverage in 2015.

Sampo IP, LLC Files Patent Lawsuit against Sony Computer Entertainment America LLC, Siemens Energy, Inc., CB Apex Realtors, Blue Cross and Blue Shield Association, Juniper Networks, Inc., Winn Dixie Stores, Inc., and Dell, Inc

Marathon Patent Group, Inc. announced that its subsidiary Sampo IP, LLC has filed a patent infringement lawsuit in the United States District Court for the eastern district of Texas against Sony Computer Entertainment America LLC, Siemens Energy, Inc., CB Apex Realtors, Coldwell Banker Apex Realtors, Blue Cross and Blue Shield Association, Juniper Networks, Inc., Winn-Dixie Stores Inc., and Dell, Inc. (the "Defendants"). Sampo is asserting three causes of action involving patent infringement related to U.S. Patent numbers 6,161,149, 6,772,229, and 8,015,495, all entitled Centrifugal Communication and Collaboration Method. The lawsuit alleges that the defendants have infringed, and continue to infringe, the claims of the patents in suit by using the accused communications systems and methods covered by the claims of the Sampo patents.

Blue Cross and Blue Shield Association Names Trent Haywood as Chief Medical Officer

Blue Cross and Blue Shield Association announced that Dr. Trent Haywood will be the new Chief Medical Officer when Allan Korn, MD, retires at year end. Dr. Haywood has medical executive experience in both the public and private sectors. He has led initiatives to align physician payment systems with improved clinical quality and disease management, and has been instrumental in driving clinical innovation. Dr. Haywood previously worked at the Centers for Medicare and Medicaid Services (CMS), where he led agency priorities including quality public reporting and value-based payments. Following his tenure at CMS, Dr. Haywood served as the senior vice president and chief medical officer for VHA Inc. in Texas.

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