Steve serves as managing partner of Shulman Family Ventures, a private equity firm since 2008, and is the Co-Chairman of the Healthmap Board. He is the former chairman and chief executive officer of Magellan Health Services (NASDAQ:MGLN), where he spearheaded the company’s successful turnaround, restructuring out of bankruptcy, and diversification into the nation’s foremost specialty healthcare managed care company. He also led Prudential Healthcare through its major turnaround while serving as the company’s chairman, president, and CEO, culminating in the company’s successful sale to Aetna. He was the co-founder of Value Health, Inc. (a NYSE) managed care company specializing in behavioral health and prescription drug benefit management.
Steve currently serves as the Chairman of the Board of CareCentrix (privately held post-acute managed care company) and Quartet (privately held technology company focused on the integration of behavioral and physical medicine). He is also a director of VillageMD, MedImpact, Healthmarkets and Facet Technologies.
Steve served as Chairman of the Board of R1 (NASDAQ) healthcare revenue cycle management company, Health Management Associates (a NYSE listed national company that owned and operated 71 hospitals), where he successfully participated in a hostile takeover and engineered its sale to CHS for $7.6 billion, which closed in early 2014. He previously founded Internet HealthCare Group, a venture fund focused on the intersection of early-stage health care and technology companies. Prior to that, Steve served in senior executive positions at Cigna and Kaiser.