Norman Payson is an independent director of Progyny Inc.
Payson touts a more than 35-year career at the helm of multiple healthcare organizations, both publicly-traded and privately-held equity sponsored institutions. In addition to his position as an independent director with Progyny, Payson also serves as the president and director of NCP Inc., as a director-emeritus for Geisel School of Medicine, and as a chairman for Access Clinical Partners LLC.
Possibly best known for his expertise in the “payer-provider” divide, Payson has led both providers and payers in cost outcomes and associated healthcare quality. Payson co-founded and served as the CEO of $3 million member health plan Healthsource from 1985 to 1997. In 1998, he became the CEO of Oxford Health Plans, transforming the company into a $6 billion enterprise by the time he left in 2002.
From 2005 to 2007, he served as chairman of Concentra, one of the largest occupational healthcare companies in the United States. Directly prior to Progyny, Payson spent four years as the CEO of Apria Healthcare, best known as a home infusion and respiratory therapy provider. Since 1997, Payson has been president and director of his family office, NCP, where he performs consulting and personal investment activities.
Payson currently serves on the boards of a variety of private and nonprofit companies, including City of Hope, HPM National Advisory Board at the Mailman School of Public Health at Columbia, Smile Brands, and USC Schaeffer Center Advisory Board. Additionally, he’s on the board of Kiva Foundation, a private charitable foundation he founded with his wife in 1998.
Payson earned his B.S. in planetary sciences from the Massachusetts Institute of Technology, and he holds a doctorate in medicine from Dartmouth Medical School. Payson is a California-licensed physician.
What is Norman Payson's net worth?
The estimated net worth of Norman Payson is at least $3.90 million as of December 21st, 2022. Mr. Payson owns 279,063 shares of Progyny stock worth more than $3,901,301 as of November 21st. This net worth approximation does not reflect any other assets that Mr. Payson may own. Learn More about Norman Payson's net worth.
How do I contact Norman Payson?
Has Norman Payson been buying or selling shares of Progyny?
Norman Payson has not been actively trading shares of Progyny during the last quarter. Most recently, Norman Payson sold 6,617 shares of the business's stock in a transaction on Wednesday, December 21st. The shares were sold at an average price of $31.65, for a transaction totalling $209,428.05. Following the completion of the sale, the director now directly owns 279,063 shares of the company's stock, valued at $8,832,343.95. Learn More on Norman Payson's trading history.
Who are Progyny's active insiders?
Are insiders buying or selling shares of Progyny?
In the last twelve months, insiders at the sold shares 21 times. They sold a total of 435,631 shares worth more than $16,218,883.10. The most recent insider tranaction occured on July, 16th when President Michael E Sturmer sold 9,030 shares worth more than $270,900.00. Insiders at Progyny own 12.3% of the company.
Learn More about insider trades at Progyny. Information on this page was last updated on 7/16/2024.
