Excel Health Plans LLC announced today that Rebecca Matulonis will be named as Chief Executive Officer (CEO), and Michael Patton, co-founder of the company, will transition from the CEO title to President title, effective July 15, 2024.
This is not a leadership transition, simply an announcement of official titles. Matulonis and Patton will continue to run the company together with Matulonis focusing on day-to-day operations and Patton overseeing growth and company direction. They will also both continue acting as outward-facing representatives for the company.
“Rebecca is the right option for CEO because she has proven unequivocally that her character is second to none,” said Michael Patton. “We have been through a lot of highs and lows and I know she has the best interest of Excel at heart and always puts it first. She is dependable, smart, organized, polished, and proven internally. It is for these reasons we are making this announcement. I am extremely proud of Rebecca, and she deserves this!”
Matulonis joined Excel Health Plans LLC in 2022 as the Chief Operating Officer (COO). She brings nearly two decades of business acumen to bear, fostering change and assembling a cohesive team dedicated to enhancing lives through accessible, high-quality healthcare solutions. Her journey at Excel exemplifies her commitment to driving impactful change and aligning with values that prioritize making a meaningful difference in people’s lives.
“I am privileged to assume the role of CEO following my tenure as COO,” said Matulonis. “My highest priority is ensuring that every decision made enhances the lives of our members. As CEO of Excel, I am able to combine my business acumen and passion for helping people to achieve excellence within the organization.”
As part of the title changes, Michael Patton will be named President of the company, where he will continue to focus on growth via new partnerships, sales channels, and product development.
Since co-founding Excel Health Plans LLC, Patton has proven that there is a real marketplace for lower cost higher quality health plans. With zero venture funding during the first three years of inception, he built the vendor relationship and plan designs for the company while simultaneously establishing sales channel partnerships and broker relationships.
These leadership titles are expected to become official by July 15, 2024, and Matulonis will be named CEO effective on that date.
About Excel Health Plans LLC
Excel provides employers, unions, and other organizations with turnkey level-funded self-insured health plans that offer high-quality, affordable care. Excel’s solutions for employer health benefits include zero-dollar point-of-care options, flexible PPO provider networks, and cost controls that enable employers to maintain affordable coverage for their employees. With members across 47 states, Excel supports employers and unions by enabling thousands of employees and families to access better care with zero co-pay telehealth and personalized care navigators. Excel Health Plans — Quality Healthcare. At Fair Prices. For a Change.
For more information, please visit www.excelhealthplans.com.
Looking forward
These title changes at Excel Health Plans LLC represent a significant milestone for the company and the healthcare industry as a whole. With Matulonis at the helm and Patton’s continued leadership, the company is poised to build on its strong foundation, drive innovation, and enhance the overall member experience. As Excel Health Plans LLC embarks on this new chapter, the company remains committed to its mission of delivering high-quality, affordable healthcare to its members and supporting the well-being of the communities it serves.