SeeChange Health Names Bryce Williams As CEO And President

Former Extend Health CEO and Towers Watson executive with deep sales and marketing expertise set to position SeeChange Health for growth in evolving market

San Francisco /PRNewswire/ - Today, SeeChange Health announced that Bryce Williamshas been appointed as President and Chief Executive Officer of the company, effective November 3, 2014. Williams succeeds Martin Watson, SeeChange's founder who has been in the role since 2008, as SeeChange focuses exclusively on its consumer engagement and health improvement platform.

"Bryce is a great leader and a pioneer in healthcare consumerism. We had great success backing his former company Extend Health, one of the first and certainly the most successful private health insurance exchange to date," said Steve Krupa, COO & Managing Member at Psilos Group, one of SeeChange's lead investors. "We are extremely excited to be working with Bryce again. He has great vision and experience leading high performing teams, and SeeChange's mission of creating meaningful consumer engagement as a platform for generating healthcare cost savings is a natural extension of his industry leading accomplishments to date."

SeeChange Health recently narrowed its focus from a two-subsidiary business providing both insurance and technology, to an emphasis on the company's fast-growing consumer engagement and health improvement platform. The SeeChange health improvement platform was awarded Red Herring's Top 100 Innovation award and is used by more than one million members across some of America's largest and most respected health plans. SeeChange Health has delivered more than $100 million in cost savings for its customers to date through an innovative approach toward consumer engagement, incentives, value-based benefit designs and individual health management.

Williams joins SeeChange Health from benefits consultant Towers Watson where he served as Managing Director of Towers Watson's Exchange Solutions business segment since May 2012. At Towers Watson, he led the largest private Medicare health insurance exchange in the country. Williams co-founded Extend Health, Inc. and was its President and Chief Executive Officer from April 2004 through the company's acquisition by Towers Watson in 2012. In 2011, Williams was named the Ernst & Young Entrepreneur Of The Year for Northern California in Business Services.

"Bryce is an experienced entrepreneur with a deep understanding of the challenges employers face in controlling healthcare costs," said David Singer, Partner at Maverick Capital. "He's an excellent fit for SeeChange Health as the company embarks on its next phase of growth."

Prior to Extend, Williams served as Senior Vice President of Marketing and Business Development of eHealth, Inc. At eHealth, Williams directed the company's online health insurance partnerships with, among others, Microsoft, Yahoo, General Electric, Bank One and Wells Fargo. During his tenure, eHealth grew to become the largest individual health insurance broker in the United States.

"I'm honored to have the opportunity to now lead the SeeChange Health team as we realize our full potential," stated Bryce Williams. "The needs of payers, providers and employers are changing dramatically in this new era of healthcare, and we have an enormous opportunity to serve them with innovative technology and services that deliver real consumer engagement, wellness and medical cost savings. I am excited to join the company at this important chapter in its journey and help build on all the accomplishments that Martin and the team have achieved so far."

Prior to eHealth, Mr. Williams served as Director of Development for OnCare from 1995 to 1999. Prior to OnCare, he served as Vice President and General Counsel of Advance Paradigm. Prior to Advance, Mr. Williams served as a Corporate Transactions Attorney in the Dallas office of Cleveland-basedJones, Day, Reavis and Pogue. Mr. Williams holds a J.D. degree from National Law Center at George Washington University and a B.A. degree from Baylor University.

"It's been an honor to have led such an innovative team for more than five years. Bryce will be a great addition to SeeChange's Board, and his entrepreneurial background, industry experience and strong relationships make him an excellent choice to lead SeeChange going forward," said Martin Watson.

About SeeChange Health
SeeChange Health is the leader in clinically driven health improvement as an enterprise service. The company has the most advanced and adaptive clinical-behavioral knowledge base to predict and improve health, increasing healthy behavior with tailored rewards based on behavioral economic algorithms. SeeChange Health provides a consumer engagement and health improvement platform, and unites all health and wellness programs into a single, powerful, integrated solution. The company measures health improvement and quantifies return on health investment for more than one million members. With proprietary clinical analytics that provide early detection of chronic conditions, the company has delivered a 50% reduction in hospital readmissions. SeeChange Health serves large health carriers, numerous Fortune 1000 companies and regional health plan providers. Investors in SeeChange include Psilos Group, Maverick Capital, Redmile Group and the Kellogg Foundation. Learn more at www.seechangehealthsolutions.com.