Steve Shulman is a highly accomplished senior executive and leader with extensive experience primarily in the healthcare and managed care industries. He is best known for his transformative tenure as Chairman and CEO of Magellan Health, where he led the company through significant growth and diversification, focusing on complex areas of healthcare such as behavioral health, specialty pharmacy, and diagnostic imaging. Prior to Magellan, Shulman was a founding CEO of Prudential Healthcare, instrumental in building it into one of the largest managed healthcare organizations in the U.S. His career is marked by strategic vision, operational excellence, and a deep understanding of the evolving healthcare landscape. He has also served on numerous public and private company boards, often in leadership capacities, contributing his expertise to a wide range of organizations and mentoring future leaders.
Steve Shulman's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Led Magellan Health as Chairman and CEO (2002-2008), significantly expanding its services in behavioral health, radiology, and specialty pharmacy benefits management, and improving its financial performance.
Played a pivotal role as a founding CEO in building Prudential Healthcare into one of the nation's largest managed care companies during the 1980s and 1990s.
Served as Chairman and/or Director on numerous public and private company boards, including R1 RCM (formerly Accretive Health), CareCentrix, HealthMarkets, VillageMD, and Quantum Health, providing strategic guidance and governance.
Acted as a Senior Advisor to notable private equity firms such as Water Street Healthcare Partners and Frazier Healthcare Partners, leveraging his industry expertise to guide investments and portfolio company growth.
Co-founded and invested in several healthcare ventures, demonstrating a commitment to innovation and improvement within the healthcare sector.
Harvard University - Year 1997
University of the Witwatersrand - Year 1994
University of the Witwatersrand - Year 1990
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