Philip Kalin is the President and Chief Executive Officer of Pinnacol Assurance, the country’s 19th largest worker’s compensation insurer. He is recognized for his expertise in digital transformation, having most recently created a new digital insurance platform, Cake Insure Inc. which is being spun off from Pinnacol. Cake has won two national awards for innovation and Mr. Kalin is very active in the Insurtech sector.
Mr. Kalin has served as the chief executive of organizations in both public and privately backed companies including large hospital systems as well as healthcare data and technology start-ups. He has been active nationally on boards, organizations and with federal programs focused on healthcare technology innovation, health data analytics and health policy. He has developed strong ties with the national investment community through Pinnacol’s diversified investment of its $2.5 billion in assets.
Under his leadership, Pinnacol Assurance has achieved its best ever financial and business performance. Mr. Kalin has led the company through strategic repositioning, digital transformation and building a Lean performance improvement culture. Prior to Pinnacol, Mr. Kalin served as CEO of the Center for Improving Value in Healthcare (CIVHC). The company received national attention for its work in developing databases and analytic tools designed to bring market forces into healthcare by lowering costs through comparative transparency of price, cost and utilization amongst healthcare providers. During this time he also served on two national boards established to scale best practices in the healthcare cost reduction and to expand access to healthcare data for purposes of technology innovation.
Following a 20 year career operating hospitals, Mr. Kalin co-founded and was Chairman/CEO of privately funded CustomMed Solutions, a healthcare technology company focused on automating the authorization and referral process between insurance companies and providers. The system automated over 80% of requests that had previously been handled by nurses. He led the company through a successful exit with a sale to Phycom Corporation.
As a hospital executive, Mr. Kalin served as President and CEO of Rose Medical Center in Denver, transitioning it from a private non-profit to one of publically held HCA’s best performing hospitals. He also held senior executive positions at the Henry Ford Healthcare system in Detroit and the Mt. Sinai Medical Center in Cleveland gaining experience in developing large integrated healthcare systems, managing a large HMO and leading a successful turnaround effort of a large inner-city hospital system.
Mr. Kalin received his BS in General Science from the University of Iowa and a MHSA in the Department of Hospital Administration from the University of Michigan.