After retiring from Anthem Health, Joseph Swedish has started his next act.
The former CEO and current senior advisor to the insurance giant co-founded Concord Health Partners, a health-focused private equity firm focused on investing in expansion-stage companies that have the potential to enhance the value of healthcare through technology and solutions that lower costs, improve quality or expand access to care.
The move was first reported by Axios’ Bob Herman, who ran into Swedish among the crowds at the annual J.P. Morgan Healthcare Conference in San Francisco this week.
Swedish co-founded the firm with managing partner James Olsen, who is a former managing director and head of not-for-profit healthcare at Jefferies and a former managing director of M&A at Bank of America Merrill Lynch. The firm’s chief operating officer and chief operating officer is Benson Jose.
Swedish notably presided over Anthem in challenging times, including the implementation of the Affordable Care Act exchanges as well as the insurer’s failed attempt to acquire Cigna.
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