Bob Patricelli has spent over 50 years in leadership roles in the health care industry, the federal government, and civic engagement. He is currently co-chair of Connecticut’s new Commission on Fiscal Stability and Economic Growth, appointed by Governor Malloy in December 2017.
He began his business career as a serial entrepreneur and business CEO in 1987 with the founding of Value Health Inc., which he and his team grew from a scratch start to a Fortune 1000 company in ten years. Value Health was a NYSE company that served over 70 million people through 6,000 employer and health plan customers; it was acquired by Columbia HCA in 1997. In 2000, Bob founded and led Evolution Benefits, a health benefits debit card company, until its sale to a private equity firm in 2010. He also founded and led Women’s Health USA, which serves patients and physicians in the field of women’s health, selling that company in late 2017. From 1977 to 1987, he served in a variety of positions at Connecticut General Corporation and its successor Cigna Corporation, culminating as president of its health care group. He is currently a partner in a health care services private equity company, In Tandem Capital Partners.
Bob started his career in the federal government, initially as a White House Fellow in the first year of that program, then as Minority Counsel to a U.S. Senate subcommittee, then as Deputy Under Secretary for Policy at the Department of Health, Education and Welfare, and finally as Administrator of the Urban Mass Transportation Administration, spanning the Johnson, Nixon and Ford administrations. He continues his lifetime love of public policy as a member of the Institute of Medicine, and the Executive Council of the Division of Health Policy and Management at the Harvard School of Public Health.
Bob has served on a wide variety of business and nonprofit boards of directors at the national and local levels. He is currently a member of the boards of Newman’s Own Foundation and food company, Ocean Exploration Trust (chair), Bushnell Memorial Hall (former chair), Patricelli Center for Social Entrepreneurship at Wesleyan University, Shining Hope for Communities in Nairobi, Kenya, and the MetroHartford Alliance. He has formerly served on the boards of the Connecticut Business and Industry Association (chair), the U.S. Chamber of Commerce, Curagen Corporation (chair), Northeast Utilities, and Hartford Life.
He grew up in Hartford, attended Wesleyan University and Harvard Law School, and was a Fulbright Scholar at the University of Paris. He and his wife Margaret own and live on a horse farm in Simsbury, CT, where he drives tractors for pleasure.