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Saurabh Kumar named chief financial officer of Kelsey-Seybold Clinic
HOUSTON (August 3, 2021) – The Kelsey-Seybold Clinic executive management team has named Saurabh Kumar chief financial officer. Mr. Kumar joined the group in April 2021 and fully transitioned into his role on July 1, 2021.
Mr. Kumar joins Kelsey-Seybold from UnitedHealthcare (UHC), where he served as CFO for the Employer and Individual division, the $58 billion commercial health insurance arm of UnitedHealth Group. He led multiple initiatives to manage total cost of care for UHC members and worked extensively with OptumCare and provider groups to advance value-based contracts and capitation.
"Saurabh's extensive and successful experiences with organizations in delivering value-based care strategy positions him for continued professional success at Kelsey-Seybold as we begin to deliver on our plan to rapidly grow throughout the Houston-Galveston region over the next several years," said Tony Lin, M.D., chairman, board of managers and CEO, Kelsey-Seybold Clinic. "Additionally, Saurabh's visionary leadership style and his commitment to helping our group maintain our culture of caring made him the right fit for this fundamentally vital role."
Mr. Kumar will act as CFO for Kelsey-Seybold Medical Group and Kelsey-Seybold Management Services, the management services organization serving the medical group.
"Kelsey-Seybold is the only medical group in the United States that has built a distinctive multispecialty clinical model that delivers significant reductions in cost of care and better quality of care across Medicare Advantage and commercial populations through value-based care arrangements," said Mr. Kumar. "Serving this organization in a key role as we embark on their growth journey to bring their model to more customers and more geographies is a true privilege, and that's why I joined Kelsey-Seybold. With my background in value-based care and understanding risk across payors and providers, I look forward to helping Kelsey accelerate forward."
Prior to UHC, Mr. Kumar held senior roles at HealthCare Partners, a globally capitated provider group headquartered in Southern California, where he was focused on improving value-based care financial outcomes in California, Colorado, and Nevada. He previously spent time at Blue Cross Blue Shield of Michigan and Citigroup.
Mr. Kumar earned his Master of Business Administration degree with high distinction at the University of Michigan in Ann Arbor in 2010 and a Bachelor of Technology degree in Industrial Engineering from Indian Institute of Technology in Delhi in 2005.
About Kelsey-Seybold
Kelsey-Seybold Clinic is Houston's premier multispecialty group practice, founded in 1949 by Dr. Mavis Kelsey in Houston's renowned Texas Medical Center. More than 850 physicians and allied health professionals practice at 40 locations in the Greater Houston area. Kelsey-Seybold offers quality medical care in 65+ medical specialties. The organization operates the largest freestanding Ambulatory Surgery Center in the state of Texas and offers state-of-the-art Varian TrueBeam and Varian Edge radiation therapy technology at a nationally accredited Cancer Center. An accredited Sleep Center, comprehensive laboratory services, advanced imaging and diagnostics, 24 onsite Kelsey pharmacies and one specialty pharmacy, and MyKelseyOnline, a secure web portal, are part of its comprehensive offerings. Kelsey-Seybold partners with major insurers to offer value-based commercial health plans. KelseyCare Advantage, a Medicare Advantage plan offered to Houston-area beneficiaries and affiliated with Kelsey-Seybold Clinic, has achieved the coveted 5-out-of-5-star rating from the Centers for Medicare and Medicaid for eight consecutive years.
Kelsey-Seybold has been recognized by the National Committee for Quality Assurance (NCQA) as the nation’s first accredited Accountable Care Organization and is home to a nationally accredited Breast Diagnostic Center and Endoscopy Center.
Kelsey-Seybold Clinic achieved a Net Promoter Score (NPS) of 91. NPS is the global standard for measuring customer loyalty and satisfaction. An NPS score of 70 or higher is considered by industry experts to be "world class" and an indicator of overwhelming customer loyalty.