BNET Industries

Last Fiscal Year Sales:$679.0M
  • Public
  • US
Dow Jones Description

Manages Prescription Drug Programs

Number of Employees 440
Contact Information

26 Harbor Park Drive

Port Washington, New York 11050

www.nmhc.com

(800) 251-3883

NAICS Code All Other Insurance Related Activities: 524298

News & Analysis

national medical health card systems inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Tom Erickson CEO
Jonathan I. Friedman Chief Legal Officer
Mark A Adkison Chief Specialty Pharmacy Officer
Martin A. Magill Chief Marketing Officer
Mary Ellen Mitchell Chief Services Officer
Nathan J Schultz Chief Services Officer
Neil Carfagna Chief Human Resources Officer
Patrick Moroney Chief Information Officer
Robert Kordella Chief Clinical Officer
Stuart Diamond Chief Financial Officer
Mary Casale Executive Vice President, Sales, Marketing
Sandra S. Russell Senior Vice President, Sales, Marketing
David Haar Vice President of Marketing
Kent Johnson Manager, Marketing
George McGinn General Counsel
James Flanick

Board of Directors

Name (plus bio) Position
G. Harry Durity Board Chairman
Daniel B. Hebert Board of Directors
Daniel B. Hébert Board Director
David E. Shaw Board Director
Gerald Angowitz Board Director
Harry Durity Board Director
Michael B. Ajouz Board of Directors
Michael T. Flaherman Board Director
Paul J. Konigsberg Board Director
Robert G. Grusky Board Director
Robert R. Grusky Board Director
Steven B. Klinsky Board of Directors

Organization Position Status
National Medical Health Card Systems Inc CEO Current

Jonathan joined NMHC as Vice President of Legal Affairs and Compliance in December 2001. Jonathan's experience includes corporate mergers and acquisitions, public and private securities offerings, regulatory compliance, consumer protection and privacy issues, commercial transactions and technology licensing. Prior to joining NMHC, Jonathan was an associate at a major New York City law firm and was Vice President and Deputy General Counsel to a publicly traded company. At NMHC, Jonathan continues to focus on corporate acquisitions and financings, Federal and State regulatory compliance and licensing, drafting and negotiating contracts in connection with the Company's core businesses and Exchange Act reporting. Jonathan holds a BA (with honors) in History from Dickinson College. He earned his JD from St. John's School of Law and graduated cum laude. At St. John's, he was also the Articles and Notes Editor of the Law Review.

Organization Position Status
National Medical Health Card Systems Inc Chief Legal Officer Current
National Medical Health Card Systems Inc Vice President of Legal Affairs Former

Organization Position Status
National Medical Health Card Systems Inc Chief Specialty Pharmacy Officer Current
Informedrx, Inc. Senior Vice President, Mail and Specialty Current
Systems Xcellence, Inc. Senior Vice President, Mail and Specialty Current
Walgreen Option Care General Manager Former
PCS Health Systems Former
University of Dallas Masters Degree Former
Harding University Bachelor's Degree in Business Administration Former

Organization Position Status
National Medical Health Card Systems Inc Chief Marketing Officer Current

Organization Position Status
National Medical Health Card Systems Inc Chief Services Officer Current

Organization Position Status
National Medical Health Card Systems Inc Chief Services Officer Current
Caresoft, Inc. Senior Vice President, Sales Former
Express Scripts, Inc. Senior Vice President Former

Organization Position Status
Pharmaceutical Care Network Chief Human Resources Officer Current
National Medical Health Card Systems Inc Chief Human Resources Officer Current
Symbol Technologies, Inc. Director of Corporate Hr and Shared Services Former
National Securities Clearing Corporation Hr and Line Operational Positions Former
Fordham University Bachelors Degree Former

Organization Position Status
National Medical Health Card Systems Inc Chief Information Officer Current

Robert Kordella joined NMHC as Chief Clinical Officer in 2005 and has more than 20 years of experience in the pharmacy industry. During his 10 year tenure with PharmaCare (formerly Eckerd Health Services, Inc.), Bob led a PBM operations team that successfully managed a $2.3 billion drug spend and limited per member per year (PMPY) spending growth to 8.4 percent, an accomplishment that drew industry acclaim. As Chief Clinical Officer at NMHC, Bob executes the strategic direction of NMHC with regard to clinical account management, clinical systems, clinical program development, and clinical operations. Bob received his Bachelor of Science in Pharmacy from the University of Pittsburgh School of Pharmacy. He went on to receive his MBA from the University of Pittsburgh, Katz Graduate School of Business.

Organization Position Status
Pharmaceutical Care Network Chief Clinical Officer Current
National Medical Health Card Systems Inc Chief Clinical Officer Current
University of Pittsburgh Mba Former
Katz Graduate School of Business Masters in Business Administration Former
University of Pittsburgh School of Pharmacy Bachelors Degree Former

Organization Position Status
National Medical Health Card Systems Inc Chief Financial Officer Current
Stuart Diamond Producer, Writer, Composer and Musician Current
Medicis Pharmaceutical Corporation Board Director Current
Fenway Partners, Inc. CFO Former
Medicis Pharmaceutical Corporation Cfo Former
Americas Region Chief Financial Officer Former
Ogilvy Healthworld Cfo Former
Stuart Diamond Chief Financial Officer Former
The Bates Group Chief Financial Officer Former
Medicis Pharmaceutical Corporation Senior Vice President Former
Calvin Klein, Inc. Vice President Former
Calvin Klein, Inc. Controller Former
Medicis Pharmaceutical Corporation Audit Committee Chairman Former
Fordham University MBA Former
Pace University MS Former
The State University of New York Bachelor of Science in Accounting Former

Organization Position Status
National Medical Health Card Systems Inc Executive Vice President, Sales, Marketing Current

Organization Position Status
National Medical Health Card Systems Inc Senior Vice President, Sales, Marketing Current

Organization Position Status
National Medical Health Card Systems Inc Vice President of Marketing Current

Organization Position Status
National Medical Health Card Systems Inc Manager, Marketing Current

Organization Position Status
National Medical Health Card Systems Inc General Counsel Current

Organization Position Status
National Medical Health Card Systems Inc Current
Medco Health Solutions, Inc. Vice President Former
Medco Health Solutions, Inc. General Manager Former
University of Dayton MBA Former
The Ohio State University BS degree in pharmacy Former

Organization Position Status
National Medical Health Card Systems Inc Board Chairman Current

Organization Position Status
National Medical Health Card Systems Inc Board of Directors Current

Organization Position Status
National Medical Health Card Systems Inc Board Director Current

Organization Position Status
Ikaria, Inc. CEO Current
IDEXX Laboratories, Inc. CEO Current
Black Point Group Managing Director Current
Black Point Group Managing Partner Current
Magen Biosciences, Inc Managing Partner, Black Point Group Current
New Mountain Capital, LLC Senior Advisor Current
Venrock Associates Current
IDEXX Laboratories, Inc. Chairman Current
Ikaria, Inc. Chairman Current
National Medical Health Card Systems Inc Board Director Current
Microbia, Inc. Board of Directors Current
Magen Biosciences, Inc Board of Directors Current
IDEXX Laboratories, Inc. Founder Former
Cytyc Corporation past director Former
Harvard University Senior Fellow Former
Maine Medical Center Trustee Former
EXACT Sciences Corporation Former
The Jackson Laboratory Chair Former
Quantrix Director Former
Maine Medical Center Board of Directors Former
Cytyc Corporation Founding Investor Former
University of Maine MBA Former
University of New Hampshire BA Former
Maine Medical Center Trustee Former

Organization Position Status
National Medical Health Card Systems Inc Board Director Current

Harry Durity, Senior Advisor, joined the New Mountain team in May 2005. From 1994 - 2005, Mr. Durity was the Senior Vice President, Worldwide Business Development at Automatic Data Processing (NYSE: ADP), a provider of computerized transaction processing, data communication, and information services worldwide. He headed ADP's merger and acquisitions group and was a member of ADP's executive committee. Prior to ADP, Mr. Durity worked for Revlon Consumer Products Company as a senior vice president of corporate development, where he also served as a member of the executive committee at the company. Prior to Revlon, Mr. Durity was president of the Highlands Group, a boutique investment advisory firm based in Atlanta. Prior to the Highlands Group, Mr. Durity served as a vice president of corporate development for RJR Nabisco. Mr. Durity also served as a senior consultant for Arthur D. Little in their managerial economics department and started his career with Firestone Tire & Rubber Company as the chief economist. Mr. Durity received his B.A. from Western Maryland College with additional studies in merger and acquisition at the Darden School, University of Virginia. Mr. Durity holds a master's degree from Washington State University. He is a director of National Medical Health Card Systems, Inc. and a member of the advisory board of Sonenshine Partners.

Organization Position Status
New Mountain Capital, LLC Senior Advisor Current
Sonenshine Partners LLC Board of Directors Current
OrthAlliance, Inc. Director Current
New Mountain Capital, LLC Board of Directors Current
National Medical Health Card Systems Inc Board Director Current
The Highlands Group President Former
Revlon Consumer Products Corp. Senior Vice President Former
Automatic Data Processing, Inc. Senior Vice President, Worldwide Business Development Former
Kraft Foods Inc. vice president of corporate development Former
The ADP member Former
Arthur D. Little, Inc. senior consultant Former
Sonenshine Partners LLC member Former
National Medical Health Card Systems Inc Director Former
Washington State University Master's Degree Former
Western Maryland College B.A. Former

Michael B. Ajouz, Managing Director, joined New Mountain in 2000. He was previously associated with Kohlberg Kravis Roberts & Co. from 1998 to 2000, where he conducted extensive analytical evaluations in over 20 industries. From 1996 to 1998 he was an analyst in the Mergers and Acquisitions and Corporate Finance Departments of Goldman, Sachs & Co., where he evaluated and executed a number of strategic transactions. From 1995 to 1996 he was an analyst at the economic consulting firm, Cornerstone Research. He received his B.S., summa cum laude, in Economics with a concentration in finance from The Wharton School, University of Pennsylvania, in May, 1995. He is a director of Apptis, Inc., National Medical Health Card Systems, Inc., Deltek, Inc., Connextions, Inc., Inmar, Inc. and Oakleaf Global Holdings, Inc.

Organization Position Status
New Mountain Capital, LLC Managing Director Current
Connextions, Inc. Director Current
National Medical Health Card Systems Inc Board Director Current
New Mountain Capital, LLC Board of Directors Current
Inmar Inc. Director Current
Deltek Inc. Board of Directors Current
Camber Corporation Board of Directors Current
Microframe Technologies, Inc. Director Current
Apptis Inc Director Current
OAKLEAF Waste Management, LLC Director Current
National Medical Health Card Systems Inc Board of Directors Current
Surgis, Inc. Board Director Current
Kohlberg Kravis Roberts & Co. Associate Former
The Goldman Sachs Group, Inc. Analyst Former
Goldman, Sachs & Co. Analyst Former
New Mountain Capital, LLC Associate Former
University of Pennsylvania B.S Former
Wharton Graduate School of the University of Pennsylvania B.S. Former

Michael Flaherman, Managing Director, joined the New Mountain team in January 2003. Before joining New Mountain, Mr. Flaherman most recently served as Chairman of the Investment Committee of CalPERS, the nation's largest pension system with approximately $150 billion in assets. In his capacity as chairman, Mr. Flaherman led board decision-making on all aspects of CalPERS' investment strategy, including asset allocation, as well as CalPERS' investment program in domestic and international equity and fixed income, real estate and private equity. His role also included oversight responsibility of CalPERS' investment operations, comprising 130 investment staff and nearly 300 external investment manager and consultant relationships. Mr. Flaherman is a graduate of Harvard College and has a master's degree from the Massachusetts Institute of Technology (MIT). He is a director of National Medical Health Card Systems, Inc. and Ikaria Holdings, Inc.

Organization Position Status
New Mountain Capital, LLC Managing Director Current
National Medical Health Card Systems Inc Board Director Current
California Public Employees' Retirement System Board of Directors Current
New Mountain Capital, LLC Board of Directors Current
California Public Employees' Retirement System Chairman of the Investment Committee Former
National Medical Health Card Systems Inc Director Former
Massachusetts Institute of Technology master's degree Former
Harvard College Graduate Former

Organization Position Status
National Medical Health Card Systems Inc Board Director Current

Organization Position Status
National Medical Health Card Systems Inc Board Director Current

Mr. Robert R. Grusky is the Founder and Managing Member of Hope Capital Management, LLC, an investment manager, since 2000. He co-founded New Mountain Capital, LLC, a private equity firm, in 2000 and was a Principal and Member from 2000 to 2005, and has been a Senior Advisor since then. From 1998 to 2000, Mr. Grusky served as President of RSL Investments Corporation. From 1985 to 1997, with the exception of 1990 to 1991 when he was on a leave of absence to serve as a White House Fellow and Assistant for Special Projects to the Secretary of Defense, Mr. Grusky served in a variety of capacities at Goldman, Sachs & Co., first in its Mergers & Acquisitions Department and then in its Principal Investment Area. He is also on the Board of Directors of AutoNation, Inc., and AutoZone, Inc., as well as a member of the Board of Trustees of Hackley School. Mr. Grusky has served on the Board since 2001, and is a member of the Audit Committee of the Board. He holds a bachelor s degree in history from Union College and an MBA from Harvard University. Mr. Robert L. Johnson is the Founder and Chairman of The RLJ Companies, which owns or holds interests in companies operating in the banking/financial services, real estate, hospitality, professional sports, film production, gaming and automotive industries. Mr. Johnson is the founder of Black Entertainment Television (BET), a subsidiary of Viacom and the leading African-American operated media and entertainment company in the United States, and served as its Chief Executive Officer until January 2006. In 2002, Mr. Johnson became the first African-American majority owner of a major sports franchise, the Charlotte Bobcats of the NBA. From 1976 to 1979, he served as Vice President of Governmental Relations for the National Cable & Telecommunications Association (NCTA). Mr. Johnson also served as Press Secretary for the Honorable Walter E. Fauntroy, Congressional Delegate from the District of Columbia. He also serves on the following boards: KB Home, Lowe s Companies, Inc., NBA Board of Governors, Deutsche Bank Advisory Committee, The Business Council, The Johns Hopkins University, and the Smithsonian Institution s National Museum of African American History and Culture. Mr. Johnson has served on the Board since 2003, and is a member of the Compensation Committee of the Board. He holds a bachelor s degree in social studies from the University of Illinois and a master s degree in international affairs from the Woodrow Wilson School of Public and International Affairs at Princeton University.

Organization Position Status
Strayer Education Inc. Chair Current
The Business Council Board of Directors Current
AutoZone, Inc. Board of Directors Current
The Johns Hopkins University Board of Directors Current
Procarcare Board of Directors Current
Hackley School Board of Directors Current
Central European Media Enterprises Ltd. Board of Directors Current
Multiple Myeloma Board of Directors Current
Cortland Associates, Inc. New York Advisory Board Member Current
National Medical Health Card Systems Inc Board Director Current
AutoNation, Inc. Director Current
Horizon Chevrolet Board of Directors Current
Surgis, Inc. Director Current
Ford of Dublin Director Current
Investornews.Com Board of Directors Current
The Goldman Sachs Group, Inc. Vice President Former
New Mountain Capital, LLC Managing Director Former
New Mountain Capital, LLC Co-Founder Former
Special Projects, Inc. Assistant Former
Goldman, Sachs & Co. Senior Professional Former
New Mountain Capital, LLC Board of Directors Former
The Goldman Sachs Group, Inc. Senior Professional Former
National Medical Health Card Systems Inc Director Former
Harvard Business School M.B.A. Former
Harvard Business School M.B.A Former
Union College B.A. Former
New Mountain Capital, LLC Member Former

Organization Position Status
New Mountain Capital, LLC Founder, CEO & Managing Director Current
Apptis Inc Board Director Current
National Medical Health Card Systems Inc Board of Directors Current
Strayer Education Inc. Board of Directors Current
Deltek Inc. Board of Directors Current
Microframe Technologies, Inc. Director Current
Mailsouth Board of Directors Current
Overland Solutions, Inc. Board of Directors Current
OAKLEAF Waste Management, LLC Board of Directors Current
The Goldman Sachs Group, Inc. co-founder Former
Goldman, Sachs & Co. Co-Founder Former
Forstmann Little & Co. General Partner Former
Surgis, Inc. Chairman Former
General Instrument Corporation Board Director Former
The Yankee Candle Company Board Director Former
National Medical Health Card Systems Inc Board Director Former
Harvard Law School J.D. Former
Harvard Business School MBA Former
University of Michigan B.A. In Economics Former
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