Press Releases
Contact: CPR For The Lungen Group
Jim Stroh
jstroh@cpronline.com
201.641.1911 x18
FOR IMMEDIATE RELEASE
The Lungen Group Welcomes Healthcare Business Leader Charles Falcone as Partner, Expands to NY-based Headquarters
MT. KISCO, N.Y. – July 27, 2009 – The Lungen Group, market-leading experts in healthcare business development with a focus on delivering best-in-class services to the healthcare payer marketplace, announces that Charles Falcone, a recognized industry innovator and healthcare strategist who served as president of Devon Health Services (PPO), has joined the firm as a Partner. The Lungen Group will re-locate its headquarters from Tampa, Florida to an expanded office location in the northeast at 100 South Bedford Road, Mt. Kisco, NY 10549.
"Charlie Falcone broadens the depth of experience and expertise that The Lungen Group can offer to its customers throughout the healthcare marketplace, and his specialized understanding of the needs of healthcare payers and vendors — as well as emerging trends in the industry — represent an invaluable asset to the firm," says Richard Lungen, president and founder of the Lungen Group.
With 18+ years of experience in managed care, technology, healthcare delivery, pharmaceutical management, and medical device development and distribution, Falcone has earned a reputation for executing innovative business strategies that drive corporate growth. He is credited with shepherding preferred provider organizations toward remarkable revenue and income growth while helping them to establish a national presence.
From 2000-2009, Falcone led Devon Health Services, as executive vice president and chief operating officer from 2000-2005 and as president from 2005-2009, creating and managing strategic alliances with some of the largest payers, providers, and vendors in the industry. Additionally, he oversaw several spin-off companies, which included Supply Marketing, a "point of care" marketing and communications company, and Devon Medical, a medical device manufacturing and sourcing company.
His experience includes the development and management of fee-for-service and risk bearing networks, marketing, sales, care management, and operations for multiple stakeholders including insured individuals; small and large group plans; self-funded employer and Taft Hartley plans; workers' compensation and motor vehicle programs; and various government payer plans.
"The Lungen Group is ideally positioned as a leading strategic partner and coordinator of payer-to-industry solutions, and I look forward to contributing my talents to this exceptional firm," says Falcone. "Our clients can turn to us as a trusted advisor for strategic guidance and market relationships that will impact their capabilities for generating improved revenues, operational savings, and market-facing enhancements. This office expansion and move to the greater New York City area signals a pivot point in the company's growth, and further positions The Lungen Group among the country's top business development and M&A strategists."
As of August 1, 2009, the Lungen Group can be found at:
Suite 340
100 South Bedford Road
Mt. Kisco, NY 10549
(914) 304 - 8127 Phone
(914) 304 - 8137 Fax
Charles Falcone lives outside of Philadelphia in Newtown Square, Pa.
About The Lungen Group
The Lungen Group is a market-leading expert in healthcare business development, delivering best-in-class services to the healthcare payer marketplace based on unique and unparalleled industry experience. Principals employ deep healthcare payer knowledge to cost-effectively drive profitable revenue on behalf of service providers. Business development initiatives are supported by operational project management based on actual experience working in the payer, provider, and service sectors. As specialists in building business relationships, The Lungen Group provides personalized attention to efficiently and cost-effectively implement services that meet client expectations for optimal satisfaction. Visit http://www.thelungengroup.com.
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