With an extensive three-decades of experience in the healthcare industry, Jeff Snyder stands at the forefront of healthcare systems development and innovation, particularly in regulatory compliance and payment integrity. As Chief Administrative Officer, Jeff brings his wealth of experience to reimagine healthcare payment systems at Penstock, spearheading the creation of strategies and solutions that address the root of systemic payment issues for health plans and create lasting, impactful results.
Prior to joining Penstock, Jeff honed his skills in the intricacies of claims management and adjudication at Blue Cross Blue Shield. His efforts were pivotal during the implementation of a new claims system, resolving critical configuration issues. Jeff’s expertise expanded as he took on the role of Manager of Provider Network Relations, handling payor-providing contracting for over 100 hospitals. Jeff’s proficiency led him to spearhead payment integrity and special investigations at Blue Cross. He also led a Medicare Recovery Audit contract at CGI, where he grew his team significantly and was instrumental in recovering $2 billion for the Medicare Trust Fund.
As Chief Administrative Officer, Jeff brings his extensive experience to a new challenge—reimagining how care is paid for. His leadership has been key in responding to industry shifts, ensuring that Penstock’s services, including traditional payment integrity and its proprietary software solution, ClearBridge, are precisely aligned with what health plans need and want.
In addition to his broad expertise, Jeff is recognized as a leading authority on the Health Care Reform Act (HCRA) for New York health plans and self-insured employers. His deep understanding and insights into these complex regulatory environments make him an invaluable resource in the field. His work is not just about addressing current issues but also about shaping the future of healthcare payment systems, ensuring compliance, efficiency, and fairness for all stakeholders involved. Jeff’s influence and knowledge in this specialized area significantly contribute to Penstock’s ability to drive meaningful and lasting change in healthcare.
