Powerlist: health plans

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Articles - Nov/Dec 2012
Monday, November 05, 2012

This month's Powerlist ranks health plans by number of members in Oregon.

RANKED BY NUMBER OF PLAN MEMBERS IN OREGON
RANK NAME ADDRESS / PHONE SENIOR EXECUTIVES MEMBERS / PROFIT STATUS PHYSICIANS / NPS & PAS OR EMPs / YR EST
1 Regence BlueCross BlueShield of Oregon 100 SW Market St.
Portland 97201 503-225-5221
Don Antonucci 747,000
Nonprofit
9200
2,000
2400
1941
2 Schwabe Williamson &Wyatt 4400 NE Halsey St., Bldg. 2
Portland 97213 503-574-7500
Jack Friedman, Michael White 390,115
Nonprofit
8563
885
706
1985
3 Tonkon Torp 500 NE Multnomah St., Ste. 500
Portland 97232 503-813-2000
Andrew McCulloch, Sue Hennessy 357,510
Nonprofit
976
771
8924
1945

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Editor's Letter: Power Play

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There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation. Here’s an excerpt:

Old power works like a currency. It is held by few. Once gained, it is jealously guarded, and the powerful have a substantial store of it to spend. It is closed, inaccessible, and leader-driven. It downloads, and it captures.

New power operates differently, like a current. It is made by many. It is open, participatory, and peer-driven. It uploads, and it distributes. Like water or electricity, it’s most forceful when it surges. The goal with new power is not to hoard it but to channel it.

The authors, Henry Timms and Jeremy Heimans, don’t necessarily favor one form of power over another but merely outline how power is transitioning, and how companies can take advantage of these changes to strengthen their positions in the marketplace. 

Our Powerbook issue might be viewed as a case study in the new-power transition. This annual book of lists provides information on leading businesses, nonprofits and universities in the state. Most of the featured companies are entrenched power players now pursuing more flexible and less hierarchical approaches to doing business. Law firms, for example, are adopting new technologies and fee structures to make legal services more accessible and affordable.

This month we also take a look at a controversial new U.S. Securities and Exchange Commission rule requiring public companies to disclose the median pay of workers, as well as the ratio between CEO and median-worker pay. 

Part of the 2010 Dodd-Frank financial reform law, the rule will compel public companies to be more open about employee compensation, with the assumption that greater transparency will improve corporate performance and, perhaps, help address one of the major challenges of our time: income inequality.

New power is not only about strategy and tactics, the Harvard Business Review authors say. “The ultimate questions are ethical. The big question is whether new power can genuinely serve the common good and confront society’s most intractable problems.”

That sounds like a call to arms. Or a New Year’s resolution. Old power or new, the goals are the same: to be a force for positive change in the world. Happy 2015!

— Linda


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