Seema Verma currently serves as Oracle’s Senior Vice President and General Manager for Life Sciences. She is also on the Board of Directors of Lifestance (LFST) and serves on the University of Southern California, Price School of Public Policy Board of Councilors.
Ms. Verma served as the Administrator of the Centers for Medicare and Medicaid Services (CMS) from 2017-2021. In this role, she oversaw a $1.4 trillion dollar budget, coverage for 145 million beneficiaries, 6000 plus employees, and over 100,000 contractors. She was responsible for federal operations of Medicare, Medicaid, Health Insurance Exchanges, the Centers for Medicare/Medicaid Innovation, and all federal quality and safety regulations. In this role, she developed and implemented the federal administration’s health care strategic plan across all programs to advance value-based care, through the Centers for Medicare and Medicaid Innovation (CMMI) including the Direct Contracting and Kidney models, new regulations that required both insurance companies and hospitals to provide access to their patient’s electronic health records and led the administration efforts to require price transparency for both hospitals and insurers. She also sat on the White House Coronavirus Task Force and was responsible for the regulations that allowed the implementation of Telehealth, Hospital At Home, and Hospital Without Walls across the United States during the pandemic. CMS had numerous accomplishments during her tenure including delivering $35 insulin to Seniors, reducing premiums across Part D, Medicare Advantage, and individual insurance market, as well as stabilizing the insurance market and reducing regulations through the historic Patients Over Paperwork Initiative.
Following her tenure at CMS, Ms. Verma served as an Advisor to private equity firms TPG and Cressey & Co, serving on the Cressey Distinguished Executive Committee. She also served on the Board of Directors for Lumeris, Wellsky, ClaimsXten, and ShiftKey. Additionally, she provided advisory services to a variety of early-stage and large public companies including national payers and technology companies focusing on strategy, value creation, and operations. Prior to her role at CMS, she founded and subsequently sold a consulting company and worked as a VP for Policy and Planning for a public hospital and health system.
Named as “Modern Healthcare’s” 2019 Number One Most Influential Person in health care and among the Top 25 Women Health Care Leaders. She has published numerous publications which have been published in the Wall Street Journal, Washington Post, Health Affairs, Modern Healthcare, Newsweek, CNN, USA Today, STAT, and others.
