Cord Blood America, Inc. (CBAI.OB) reports that Richard J. Neeson, Senior Vice President of Independence Blue Cross, Philadelphia, Pa., and President and Chief Executive Officer of NewSeasons, a subsidiary, has been named to its Board of Directors.
“Mr. Neeson is primarily responsible for acquisitions, joint ventures and strategic partnerships, including negotiation, contract development and oversight at Independence Blue Cross, and this experience and expertise will prove invaluable for the growth through acquisitions of Cord Blood America,” said Matthew Schissler, CEO.
Independence Blue Cross and its subsidiaries are the Philadelphia region’s largest health insurers with more than 2.6 million members locally, and 3.4 million overall. It employs nearly 9,500 people and annually process more than 32 million claims. It serves all areas of the health care market by offering quality products and services such as Managed Care, Traditional Indemnity, Medicare, and Medicaid.
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