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FAIRPAY Solutions Announces New Chairman of the Board and Board Members

March 05, 2010



ADDISON—March 5, 2010—FAIRPAY Solutions, Inc.,
the industry-leading provider of specialty bill review services for workers’ compensation and auto/liability payers, today announced the addition of Robyn S. Walsh to its Board of Directors, and the appointment of Ms. Walsh as new board chairman. Additionally FAIRPAY has named Harvey C. Sigelbaum to its Board of Directors.

"The appointment of Robyn and Harvey to the Board adds a significant amount of industry experience and strategic expertise to the Board," said Richard Leonardo, CEO, FAIRPAY Solutions.

Walsh, a widely respected industry veteran, is a strategist and business leader with a strong record of achieving business growth and profitability during 15 years of leadership roles with demonstrated expertise building and transforming health care programs from the ground-up. A seasoned leader in the areas of health care delivery, pharmacy benefit management, finance and investor relations, Walsh worked for Aetna for nine years, where she served as president of Workers Comp Access from 2003-2005. Previously, Walsh served for seven years in executive positions in Medical Delivery at U.S. Healthcare. Additionally, her background includes experience in hospital administration and finance, practice administration and health care contract consulting. Walsh formally retired from Aetna in 2005 and continues to serve on numerous Boards of non-profits and local community organizations.

Sigelbaum, an attorney and member of the New York Bar for more than 40 years, also brings many decades of experience with the health care industry. From 1996 to 2006, Sigelbaum served as president and co-CEO, as well as vice chairman and then executive chairman, of MultiPlan, Inc., one of the country’s largest health care network organizations. MultiPlan was sold to the Carlyle Group in 2006. Previously, Sigelbaum worked for 17 years as president and CEO of Amalgamated Life Insurance Company, a New York-domiciled, “A” rated national insurer which specializes in multi-state employee benefit plans. Prior to that, he was president and CEO of Urban Community Insurance Company, a New York-domiciled, “A” rated regional auto insurer.

Sigelbaum has been active on a number of Boards, including service on the Board of Directors of the Overseas Private Investment Corporation (OPIC), a self-sustaining U.S. government agency that provides political risk insurance and financing for U.S. businesses investing in emerging markets and developing nations around the world. Appointed by President Clinton in 1994, Sigelbaum was confirmed to this position by the U.S. Senate.

About FAIRPAY Solutions

FAIRPAY Solutions, Inc. is an Addison, Texas based specialty bill review provider whose medical charge review and repricing services deliver significant medical cost savings for the workers’ compensation and auto/liability industries. Established in 1999, FAIRPAY serves nearly 1,000 clients which include insurance carriers, reinsurance companies, self-insured companies, TPAs, bill review firms, federal agencies and PPOs. Its reviews and analyses comply with each state’s specific rules and precedents.

For more information about FAIRPAY Solutions, go to www.FAIRPAYsolutions.com  or call 1-888-847-5215.

Press Contact
Richard Leonardo, CEO
FAIRPAY Solutions
972-715-8000



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