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Nitin Bhargava

Venture Partner

San Francisco Bay Area · 1 connection

SamVed VC

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About

Nitin Bhargava is an accomplished executive with over 25 years experience in Fortune 50 organizations, and a track record of delivering profitable growth, building new ‘start-up’ businesses, and successful P&L leadership and general management. He was the Chief Product and Segment Officer at Elevance Health (formerly Anthem, Fortune 20) Commercial and Specialty Business Division which had over $41 billion in revenues and nearly $3 billion in earnings in 2022, and served over 30 million members. Specialties: Business Strategy and Opportunity Assessment, Digital Transformation, GTM and profitable growth, P&L - drivers, growth and margin optimization, risk mitigation, Commercialization, and Scaling Experienced in Strategy, Partnership development and investments, Health Plan Operations, P&L/Financial management, strategic planning, sales strategy and execution, Network and ACO strategies, distribution development and management, strategic marketing, media and advertising, people development, leveraging technology to drive effectiveness and efficiency

Experience

Venture PartnerSamVed Ventures
Jan 2024
Senior AdvisorMcKinsey & Company
Mar 2023
Limited PartnerHC9 Ventures
Jun 2022
Chief Product and Segments Officer, SVP, Commercial and Specialty Business DivisionElevance Health
Jul 2021 to Jun 2022
President, Integrated Businesses, Commercial and Specialty Business DivisionElevance Health
Dec 2020 to Jul 2021
National Head, Commercial Segment Solutions (Individual, Small Group and Large Group)Elevance Health
Dec 2019 to Dec 2020
National Large Group Segment HeadElevance Health
Jun 2018 to Dec 2019
Senior Vice President, Employer MarketsBlue Shield of California
Aug 2016 to Jan 2018
President, Great Lakes Region (5 states)Aetna, a CVS Health Company
Sep 2015 to Aug 2016
President, Ohio and Kentucky MarketsAetna, a CVS Health Company
Jul 2012 to Sep 2015
Senior Vice President and head, Aetna Medicare, Mid-America RegionAetna, a CVS Health Company
Jan 2010 to Jul 2012
Vice President, Sales, Consumer SegmentAetna, a CVS Health Company
Jan 2008 to Jan 2010
Vice President, Sales, Retiree MarketsAetna, a CVS Health Company
Jul 2006 to Dec 2007
Business DevelopmentAetna, a CVS Health Company
Mar 2005 to Jun 2006
Head of IT Business Infrastructure ManagementAetna, a CVS Health Company
Apr 2002 to Mar 2005
Program Manager, M&A, Technology Initiatives, Competitive BenchmarkingAetna, a CVS Health Company
May 2000 to Apr 2002
Chief of Staff, Enterprise Management SystemsAetna, a CVS Health Company
May 1999 to Apr 2000
Project ManagerAetna, a CVS Health Company
Aug 1997 to Apr 1999
Technology/Infrastructure StrategyVerizon
Jan 1995 to Jan 1997

Education

University of Maryland - Robert H. Smith School of Business
MBA
University of Iowa
M.S. Biomedical Engineering
Indian Institute of Technology Kanpur
Bachelor of Technology Mechanical Engineering