Castlight Health is getting serious about pursuing its ambition to bring health care transparency to employers and payers. Earlier this month it announced a $100 million Series D investment and today it named ex-Medco Health Solutions executive John Driscoll as its new President.
I’ve known John since 1989 when we worked together as consultants at LEK in Boston. Later John went to Oxford Health Plans and Walker Digital before joining Medco. At Medco he helped the company enter a variety of markets including Medicare, pharmaceutical services and international. Somewhere along the way I introduced John to Castlight CEO and co-founder Dr. Giovanni Colella, who was CEO of RelayHealth at the time.
I expect Giovanni and John to complement each other very effectively. They are both visionary and ambitious, which you wouldn’t automatically think would be a great fit. But they are also both empathetic, magnanimous, and focused on growing the business rather than claiming credit. John is savvy in the world of payers, policymakers and large companies. Giovanni is a classic Silicon Valley entrepreneur: a great leader, fundraiser and motivator.
May 15, 2012