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Devon Health Announces New President; Charles J. Falcone Accepts President Position of Devon Health Services, Inc.


KING OF PRUSSIA King of Prussia, industrialized suburban area (1990 pop. 18,406), Montgomery co., SE Pa. It has glass and steel fabricating, food processing, printing and publishing, and varied manufacturing (textiles, liquified petroleum gas, water-treatment and electrical , Pa. -- Devon Health Services, Inc. (DHS DHS Department of Homeland Security (USA)
DHS Department of Human Services
DHS Department of Health Services
DHS Demographic and Health Surveys
DHS Dirhams (Morocco national currency) 
), the Northeast's most extensive Preferred Provider Organization preĀ·ferred provider organization
n.
Abbr. PPO A medical insurance plan in which members receive more coverage if they choose health care providers approved by or affiliated with the plan.
 (PPO PPO
abbr.
preferred provider organization


PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there
) and National Healthcare Cost Management company, is pleased to announce Charles J. Falcone as its President.

As one of the first full-time employees eleven years ago, Mr. Falcone was instrumental in the development of Devon Health. As Executive Vice President and Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 for the last five years, Mr. Falcone oversaw the development of several programs that helped Devon Health's clients save hundreds of millions of dollars on their annual healthcare expenditures. Under Mr. Falcone's leadership, Devon Health has experienced double digit revenue and profitability growth over the past five years.

Mr. Falcone is also very community and people-focused. He has a keen interest in finding and hiring local talent. Through its intern program, Devon Health has worked with many of the area's top colleges and universities to make this possible. The "Devon Cares" program, the philanthropic arm of DHS, has contributed both people-power and money to many local and national based charities. Mr. Falcone also has helped lead the committee for Best Nest, Inc.'s annual "Wine and Jazz" fundraiser, which generated nearly $100,000 last year. Best Nest is a 501(C)-3 corporation which assists Philadelphia based families who are affected by AIDS.

"I am very proud of Charlie and his accomplishments. His leadership and vision has helped Devon Health become a leader in our industry," says Dr. John Bennett, Founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Devon Health Services, Inc. "His determination for success is contagious. He has been vital to our growth and progress."

Background on Devon Health Services, Inc.

Devon Health Services, Inc. is a National Healthcare Cost Management Company offering complete healthcare benefit packages including national PPO networks, Pharmacy, Dental, Vision, Worker's Compensation, Motor Vehicle, and Claims Services. Devon Health Services, Inc. has over 100 employees and is located in King of Prussia, PA. Devon Health Services, Inc was founded in 1991 by John A. Bennett John A. Bennett (died 13 April, 1961) was a Private First Class in the United States Army who was convicted of the rape and attempted murder of an 11-year-old Austrian girl. He was an inmate at the United States Disciplinary Barracks, Fort Leavenworth, Kansas. , M.D., an Internal Medicine Physician.
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Publication:Business Wire
Geographic Code:1USA
Date:Aug 24, 2005
Words:334
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