STELLA APPOINTS DR. PAT BASU AS CHAIRMAN - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
June 22, 2022 Newswires
Share
Share
Post
Email

STELLA APPOINTS DR. PAT BASU AS CHAIRMAN

PR Newswire

Dr. Basu, a veteran healthcare CEO, entrepreneur and former White House Fellow, will broaden Stella's reach to millions who suffer daily from emotional trauma symptoms.

CHICAGO, June 22, 2022 /PRNewswire/ -- Stella, the leader in the delivery of high outcome treatments for emotional trauma and mental health management, announced today the appointment of Dr. Pat Basu as Chairman of its Board of Directors.


Dr. Basu, a veteran healthcare CEO, entrepreneur and former White House Fellow, will broaden Stella’s reach to millions who suffer daily from emotional trauma symptoms.

Dr. Basu will work with Stella's executive team to make SGB and Ketamine treatments more affordable and accessible...

"Emotional Trauma and mental health conditions are an underdiagnosed challenge affecting millions of Americans who suffer physically, mentally and socially as a result. Whether they suffer silently or visibly, very few are offered access to high quality solutions," said Dr. Pat Basu. "I have seen the effects of untreated emotional health while leading a Fortune 10 company, as a physician and as a family member."

Dr. Pat Basu currently serves as President and Chief Executive Officer of Cancer Treatment Centers of America Global (CTCA) and is a highly-regarded business leader who has led organizations in the public, private, nonprofit and government sectors. He has overseen organizations which collectively have delivered care or managed care for over 25 million Americans annually. These include serving as a leader at two large national healthcare providers, a Fortune 10 managed care organization, helping launch a major virtual health company and by leading investments in the health, technology, and services sectors.

Dr. Basu will work with Stella's executive team to make SGB and Ketamine treatments more affordable and accessible to those experiencing the debilitating symptoms of emotional trauma. A topline priority for Stella is to champion innovation in trauma treatment and challenge the industry to take emotional trauma more seriously as part of proactive care. Currently, insurance does not cover Stella's Stellate Ganglion Block (SGB) treatments, an injection into a small concentration of nerves in the neck that resets the fight or flight system.

"I first learned of procedures such as Stellate Ganglion Block through our veteran's health care system and eventually when one of my own relatives received significant relief from Stella's care." Basu continued, "I hope to help Stella help make life better and healthier for the far too many human beings suffering emotional trauma."

SGB treatments are the most effective and sought-after PTSD treatment on the market today. More than 15 million Americans who are afflicted with trauma are forced to seek alternative coping mechanisms that can have lasting negative effects on themselves and their communities.

"We are pleased that Dr. Pat Basu has joined Stella's board, as our interests and mission have aligned to heal those experiencing devastating and lasting traumas of disease, cancer, and other life events. We hope to extend our network and make lasting impacts possible for those suffering," said Stella CEO Philippe Sanchez.

Previously, Dr. Basu served as a member of the Executive Leadership Team of UnitedHealth Group and served as President of OptumCare, the largest value-based care and provider business in the United States. Dr. Basu has held partner-level positions at private equity firm Chicago Pacific Founders, Operating Partner of P3 Health Partners, and venture capital firm Pritzker Group Venture Capital. He helped found Doctor On Demand, one of the nation's first and leading virtual health companies in San Francisco and served as President, Chief Operating Officer and Chief Medical Officer at vRad, a merger of publicly traded firms Nighthawk and Virtual Radiologic, in Minnesota.

Dr. Basu serves on the Board of Directors for the Chicago Museum of Science and Industry and the Morton Arboretum. He was the founding faculty director of Health Policy and Finance at Stanford University, has served on the Illinois State Board of Health, the Illinois Institute of Government & Public Affairs, Leadership Greater Chicago Daniel Burnham Fellow, the Board of Directors for the University of Illinois, and Stanford Medical Alumni Association, and has been a member of the Council on Foreign Relations. 

MORE ABOUT STELLA: Stella's team of medical doctors, psychologists, patient care coordinators, and tireless advocates are on a mission to create a world where no person needlessly suffers from symptoms following trauma. Stella continues to innovate by offering fast, effective, and peer-reviewed breakthrough treatments like our lives depend on it – because they do. www.stellacenter.com

Follow us on: LinkedIn, Instagram, Twitter, TikTok, Youtube


Stella's innovative Stellate Ganglion Block (SGB) Treatment was Built on a Life Changing Understanding of PTSD and how to treat the symptoms of complex emotional trauma. (PRNewsfoto/Stella)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/stella-appoints-dr-pat-basu-as-chairman-301572637.html

SOURCE Stella

Older

CPA Liability Insurance Market Growth Holds Strong; Key Players Studied

Newer

United Auto Workers, Case suspend negotiations without agreement

Advisor News

  • Demonstrating the value of life insurance to Gen Z
  • Poor money habits are a dealbreaker in a new relationship
  • DC plan sponsors see opportunity in alternatives
  • The American Dream: Redefined as financial stability
  • Partial annuitization: How advisors can help clients balance income, growth
More Advisor News

Annuity News

  • CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
  • KBRA Assigns Rating to TruSpire Retirement Insurance Company
  • Partial annuitization: How advisors can help clients balance income, growth
More Annuity News

Health/Employee Benefits News

  • Douglas Veterans Claims Clinic Connects Rural Veterans With Critical Services
  • Atrium pushes back after State Health Plan leaves healthcare network out of Tier 1
  • Connecticut health insurance exchange shifts enrollment dates after federal changes
  • Iowa health insurers propose premium increases for ACA customers
  • NEW REPORT: THOUSANDS OF IOWANS FACING HIGHER HEALTH INSURANCE PREMIUMS NEXT YEAR THANKS TO ASHLEY HINSON
More Health/Employee Benefits News

Life Insurance News

  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • AM Best Upgrades Credit Ratings of Sagicor Financial Company Ltd. and Most of Its Subsidiaries
  • Trust, technology and the future of claims
  • New York Life Launches an Indemnity Benefit for its Asset Flex Long-Term Care Insurance Solution
  • AM Best Affirms Credit Ratings of DB Insurance Co., Ltd.
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet