RAAPID, a M12 (Microsoft Venture Fund) backed company and leading AI-powered risk adjustment solutions provider, today announced the appointment of Don Antonucci, President and CEO of Providence Health Plan, to its advisory board. Antonucci brings over 25 years of transformative healthcare leadership and extensive payer experience to guide RAAPID's continued growth.
As President and CEO of Providence Health Plan, Antonucci leads a health plan serving 500,000 members across the Pacific Northwest as part of one of America's largest health systems. Previously, as Senior Vice President of Growth at Blue Shield of California, he held P&L responsibility for 4.6 million members and $22 billion in revenue, overseeing all commercial and consumer markets.
Antonucci's unique experience includes serving as Chief Business Officer at 10xHealth, a healthcare technology startup focused on translating data into actionable insights. This background gives him a deep understanding of how AI transforms healthcare operations, directly aligned with RAAPID's mission to revolutionize risk adjustment through advanced technology.
His executive leadership includes serving as President of major regional health plans, managing billions in revenue while maintaining top-tier financial ratings. Antonucci's commitment to healthcare access, combined with his exceptional track record of driving growth and operational excellence, makes him a strategic addition to RAAPID's advisory board.
“Don's extensive payer experience and deep understanding of healthcare economics provide invaluable perspective as we scale our risk adjustment solutions,” said Chetan Parikh, CEO and Founder of RAAPID. “His proven ability to drive growth and operational excellence at major health plans will help us better serve our customers and expand our market reach.”
“Don's combination of payer leadership and healthcare technology expertise aligns perfectly with our growth strategy,” said Michael Clark, President and Chief Growth Officer of RAAPID. “His insights will be crucial as we continue helping healthcare organizations optimize their risk adjustment processes and improve financial outcomes.”
“RAAPID's AI-powered approach to risk adjustment addresses critical challenges facing payers and providers today,” said Antonucci. “I'm excited to support their mission of transforming healthcare through innovative technology that improves both accuracy and efficiency.”
About RAAPID
RAAPID develops AI-powered risk adjustment solutions for healthcare payers, providers, and supporting organizations. The company's HITRUST-certified platform uses neuro-symbolic AI to identify chronic conditions, determine HCC codes, calculate risk scores, and analyze population health trends. Following a Series A investment from M12 (Microsoft's venture fund), RAAPID serves organizations participating in Medicare Advantage, ACA, Medicare ACO, and Medicaid programs. Founded by healthcare technology veterans with over 20 years of experience, RAAPID is headquartered in Louisville, Kentucky.
Learn more atwww.raapidinc.com.
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SOURCE RAAPID Inc
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