Stuart Segal began his career in public health as Deputy Health Commissioner for the City of Philadelphia. He continued his government work as First Deputy Managing Director/Chief of Staff to the Managing Director of Philadelphia which included oversight of such agencies as the Departments of Health, Human Services, Police and Fire.
After leaving public service Stu was recruited by US Healthcare (later acquired by Aetna) to start an internal managed behavioral care business which over time grew to a $1B operating business. While at Aetna, Stuart was the Executive in-charge of Aetna’s acquisition of Prudential Healthcare a $1 billion transaction. Stu also lead the team that integrated the Pru business into Aetna including areas such as real estate, HR, provider agreements, IT and health management. Prior to leaving Aetna Stu was selected as one of only six members of Aetna’s Chairman’s Strategy Team. In the Strategy role Stu was responsible for:
- Managing a team that visited Aetna’s major business locations to gather information and interview senior staff.
- Writing sections of corporate strategy report to Chairman that established basis for Aetna’s future business strategy and direction (Behavioral Health, Medical Management, Health Care Quality).
- Presenting strategic conclusions to Aetna senior staff; provided strategy implementation support to regional staff.
Following Aetna, Stu has been the CEO or COO of a number of other ventures including the head of the disease management and wellness business of a Blue Cross plan, Sr. VP of the nation’s largest specialty health management company and Chief Strategy Officer for a major provider of medical services.
Additionally Stu built a consulting practice, Strategic Solutions in Healthcare, LLC that has provided a variety of services to a number of health plans including:
- Engaged by both health plan and one of its for-profit subsidiaries to develop and execute $100M transaction including structuring of service agreements and related financial terms and conditions. Headed related transactional “deal team”.
- Developed service model for integration of health, life coaching, and mental health services designed to improve patient health status and control medical spend.
- Served as SME to Health Plan’s Executive Staff in assessing potential acquisition of specialty medical company.
- Managed transaction between client, seven counties, and vendor that resulted in client receiving $3M.
Stu served as the Managing Director of the Novotorium, which is a health care business incubator and angel funding organization. He was responsible for strategy, business development, funding decisions. At Novo he is actively engaged in “tech transfer” programs with a major university and sits on three external panels that review start-up business for funding.
Stu is currently the Business Alliance and Development Partner of Firecracker International, a boutique healthcare consultancy dedicated to aligning its clients as leaders and visionaries in the industry-wide evolution toward a consumer-centric, health care delivery model.
Stu has been a Board member of the JFK Community Mental Health Center in Philadelphia for over 30 years.