President and CEO, Highmark Health and Chairman of the Board, Highmark Inc.
David L. Holmberg is president and chief executive officer of Highmark Health, a $27.1 billion blended health organization that includes one of America's largest Blue Cross Blue Shield insurers and a growing regional hospital and physician network. Based in Pittsburgh, PA, Highmark Health's 44,000 employees serve millions of customers nationwide through the nonprofit organization's affiliated businesses, including Highmark Inc., Allegheny Health Network, HM Insurance
Holmberg is shaping the future of the healthcare industry by engaging with trade associations, regulators, peer organizations, strategic partners, and government to resolve critical health care issues. In 2016, Highmark Health sued the U.S. government in federal claims court, resulting in a 2020 Supreme Court ruling that affirmed that the federal government must fulfill its promises to preserve the trust that ensures the successful of public-private partnerships, including the ACA marketplace.
Holmberg joined Highmark Inc. in 2007 and served in a series of executive positions, including president of its Diversified Businesses, where he was responsible for businesses representing more than $3.5 billion in revenue, chief executive officer for HVHC Inc. and chief executive officer and chairman for HM Insurance Group, United Concordia Dental and San Antonio, Texas-based Visionworks, which was divested in 2016 for $1.6 billion.
Under Holmberg's leadership, Highmark Health successfully navigated the tumultuous post-ACA years as well as the financial turnaround of Allegheny Health Network (AHN), which was nearing bankruptcy when it was acquired by Highmark Inc. in 2013. In 2019, Holmberg successfully negotiated an agreement with the Pennsylvania Attorney General to provide residents of western Pennsylvania with continued access to the region’s two leading health systems.
In early 2020, Highmark Health's financial strength and stability enabled the rapid deployment of more than $1.4 billion in resources needed to diagnose, treat, and support the organization’s members and patients through the COVID-19 pandemic.
Despite national challenges including inflation and staffing, Holmberg has overseen Highmark Health's consistently strong consolidated financial performance—proving the success of the blended health and diversified business model. During his tenure, the organization has grown from $15 billion in revenue in 2013 to $27 billion in 2023.
Holmberg has also expanded the footprint of the organization's insurance markets to western and central New York and southeastern Pennsylvania, while also growing the government business segment. Allegheny Health Network has also grown to include 14 hospitals in western Pennsylvania and five multi-specialty medical malls.
Holmberg is investing to build a better-connected ecosystem for health, coverage and care, designed to improve the consumer and clinician experience. In 2022, Highmark Health launched My Highmark, a first-of-its-kind health platform providing seamless care navigation, shared care plans, virtual and digital health, simplified bill payment, and cost transparency to Highmark’s 7 million members.
Board of Director Affiliations:
Thought Leadership Topics:
Experience is Everything
Building Integrated Transformational Business Models
Making Allies out of Adversaries
Interviews/Articles