Company: Best Doctors, Inc., Boston, MA
Company Description: Founded in 1989 by Harvard Medical School professors, Best Doctors is transforming and improving health care across the globe. The company works with the best 5% of doctors to find the right diagnoses and right treatments, and seamlessly integrates its services with employers’ other health-related benefits. The global company serves more than 30 million members in every major region of the world.
Nomination Category: Management Awards Categories
Nomination Sub Category: Executive of the Year - Health Products & Services

Nomination Title: David Seligman, Chairman and CEO

Tell the story about what this nominee achieved since January 1 2012 (up to 525 words). Focus on specific accomplishments, and relate these accomplishments to past performance or industry norms. Be sure to mention obstacles overcome, innovations or discoveries made, and outcomes:

2012 represented another excellent year for Best Doctors, Inc., during which it surpassed its goals for revenue growth, market expansion, customer acquisition and new product launches, and continued to raise new standards for health care.

Under the respected leadership of David Seligman, Chairman and CEO, Best Doctors not only improved health outcomes for its members, in many cases saving lives, but also delivered to Fortune 500 and 1000 client companies unbeatable cost savings. At a time when health care and the economy are under the microscope by the U.S. Government and every household in America, this was no easy feat.

Some notable successes for Best Doctors in 2012 include:

• A 24 percent growth in revenue from EOY 2011 through 2012, exceeding $150 million in revenue delivered in 2012, up from $121 million in 2011;
• Growing the global account base by 37 major new accounts, 35 percent of which are Fortune 500 or 1000 clients, while maintaining a 95 percent client retention rate for existing clients;
• Adding new overseas markets including Hungary, Poland, Greece, Sri Lanka,Slovenia and India and several high-profile accounts within existing markets in Spain, Portugal, the Netherlands, Australia and the United Kingdom;
• Increasing staff count by 30% increase from 400 to over 520 employees (70 % of whom are in the U.S.);
• Securing a $45 million investment by a private equity fund sponsored by Brown Brothers Harriman & Co., to support infrastructure, global expansion and cutting-edge programs;
• Introducing two new services, Explore My Options™ and Treatment Decision Support™, which empower patients to know all treatment options, before making any medical decisions; and,
• Being selected by several prominent health plans, with the goal of improving quality of care and health outcomes for millions of new members while reducing costs; and
• Securing among stiff competition an agreement with Banco Santander, one of the largest banks in Spain, to launch an insurance plan.

In 2012, Best Doctors was repeatedly recognized for business growth, product and service innovation, by industry awards, earning multiple Gold and Silver Awards from the International Business Awards and American Business Awards; being named to Inc. magazine’s “Fastest-Growing Private Companies in America” List for the second consecutive year (2011 and 2012); and winning the Boston Business Journal’s 2012 “Best Places to Work”, “Pacesetters Award” Awards. Additionally, Best Doctors was named to Modern Healthcare’s “Fast 40 List”, which recognizes the fastest-growing heath care companies headquartered in the U.S.

Beyond the recognition that Best Doctors earned under his leadership, David himself won the Gold Trophy for Executive of the Year in Health Products & Services at the 2012 International Business Awards™.

David is a man who dreams big, and his dream is to transform and improve health care around the world. It’s a dream that despite a broken health care system is fast becoming reality through his work at Best Doctors.

Under his leadership, Best Doctors is redefining health care around the world on many different levels. Patients, physicians and business leaders alike are starting to rethink their approach to health care, thus improving their health and that of their families, and saving lives and considerable amounts of health care dollars at the same time.

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Provide a brief (up to 125 words) biography about the nominee:

David Seligman serves as Chairman and Chief Executive Officer of Boston-based Best Doctors, Inc. With 27 years of broad management and strategic experience in the health care sector – including market development, mergers and acquisitions, and performance turnarounds, David Seligman has amassed a wealth of experience in the health services industry at companies including Fresenius Medical Care, PillingWeck (Teleflex), Dismedicas and Welch Allyn Inc. 

Since 1997, David has led Best Doctors’ vision and growth strategy. He graduated valedictorian from Thunderbird with a Masters in International Management and from UCLA with a degree in Economics. He received the Ernst & Young Entrepreneur of the Year® 2010 Award in the health care category in New England.