Alan Hoops is an investor and will serve as he ACO Executive Leading the launch of CareConnectMD’s ACO. Mr. Hoops has had a long and distinguished career as a successful leader in the healthcare industry. Between 1977 and 2000, while at PacifiCare Health Systems, he held a variety of positions with increasing responsibility culminating in the appointment to Chairman and CEO in 1992. Notable accomplishments include: PacifiCare becoming the first non-grandfathered plan to receive California State licensure in 1978, the conversion from non-profit to for-profit status in 1983, with an initial public offering in 1985. Mr. Hoops was instrumental in expanding operations to Oregon, Washington, Nevada, Oklahoma, Texas, and Arizona from 1975 to 1979 and successfully launching Secure Horizons, a private Medicare program, in 1975 that became the largest Medicare program in the country. As CEO, he also led numerous acquisitions including the purchase of FHP in 1995. From 1992-2000, he helped grow PacifiCare from approximately $2B in revenue to $11B.
He and his partners along with a Private Equity Group acquired Caremore Health Plan in 2006. In his tenure as Chairman & CEO from 2006-2011,the company tripled both revenue and earnings while expanding to seven markets and three states. In 2011, Mr. Hoops successfully completed a sale of CareMore to Wellpoint, Inc.
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