David Snodgrass steps down, Steve Suter new CEO at HMA
David Snodgrass has stepped down as CEO of HMA, which he founded in 1986 with the goal of providing access to high quality health care through self-funded plans. Under Snodgrass, HMS grew to be the one of the nation’s largest third-party healthcare benefits administrators across four states. Snodgrass will stay on as a strategic advisor.
Steve Suter will take on the role of CEO in addition to his current role as president. In a statement, Suter said:
Today, David has entrusted me with building on his legacy as I become the company’s second-ever CEO. David is one of the true pioneers of the TPA industry, and I’ve been incredibly fortunate to learn the business by working elbow-to-elbow with him over the last two-plus years. HMA is the strong, forward-thinking, compassionate, and successful company it is today thanks to David’s clear vision and inspiring leadership. That speaks volumes about his impact and effectiveness and about our stability as a company.
According to Suter, HMA will continue to build its momentum through enhanced analytics, new product and service launches, and increased staffing while continuing to listen to client feedback. HMA plans to introduce new programs, systems, and products in the future as they strive to allow members to be proactive in their health care options.