Ravi Ika
Chairman Of The Board

A consummate entrepreneur, health plan technologist and business process expert, Ravi Ika founded ikaGroup, companies that have been providing software solutions and consulting services to Fortune 500 companies in the commercial, government, telecommunications, insurance and financial sectors since 1992. In 1999, he launched ikaSystems with the goal of creating an integrated, real-time platform for managed care e-commerce that would bring insurers, brokers, purchasers, healthcare providers and health plan members together online. Today, ikaSystems is one of the fastest growing providers of ERP software to the managed care industry and winner of the prestigious Solution with Greatest Market Potential Award at the Gartner Healthcare Summit 2007.

Mr. Ika has built a series of diversified businesses throughout his career, including technology companies in federal government services, commercial sectors and global IT project deployment. None of his entrepreneurial ventures has required venture capital funding. In 1992, he founded Envitec Corp., New England’s premier provider of innovative IT consulting solutions, and doubled its revenue every year from 1995 to 2000.

Essential components of Mr. Ika’s leadership success are his vision for what technology can accomplish, his hands-on approach to clients’ success and his ability build world-class development and implementation teams that possess the synergistic competencies of technical and business process reengineering expertise. Even today, Mr. Ika enjoys being personally involved in implementation initiatives and product demos.

Prior to his entrepreneurial career, Mr. Ika worked as a research scientist at Harvard University. He has a master’s degree in environmental engineering from Old Dominion University.

Stephen F. Wiggins

Stephen F. Wiggins is a managing director at Essex Woodlands Venture Partners. He was the founder and served 14 years as chairman of the board and chief executive officer of Oxford Health Plans. Under his leadership, Oxford grew to over $5 billion of annual revenue and ranked among the 300 largest U.S. corporations. He was also the founder, chairman and chief executive officer of HealthMarket, Inc., an insurance company that gave birth to innovative consumer-driven health plans and grew to over $150 million of revenue before being acquired by UICI in November 2004. In 1993, he co-founded Health Partners, Inc., a physician practice management company that grew to $140 million of annual revenue before it was sold. He was also a principal co-founder of IntelliClaim, Inc., which provided claims auditing and productivity software and services to over 20 health insurers before it was sold to McKesson and BenefitPort, LLC, a consolidation of health insurance general agencies.

Mr. Wiggins has also been an active private equity investor on his own and in partnership with private equity funds, typically originating transactions or organizing new businesses. In addition to ikaSystems, he serves on the board of directors for Touchstone Health, Millennium Pharmaceuticals and Revolution Health. He was also the founder, in 1978, and remains a director of Accessible Space, Inc., a nonprofit organization that develops and operates residential facilities for individuals with mobility impairments and brain injuries. Mr. Wiggins holds a BA degree from Macalester College, where he currently serves as a trustee, and an MBA degree from Harvard Business School.

Kiran C. Patel, MD, FACC

Dr. Kiran Patel, or “Dr. K,” as he is known, possesses rich entrepreneurial and academic credentials that add tremendous value to ikaSystems. His track record in the managed care industry includes assisting and later acquiring and serving as the chairman of the board for WellCare HMO, Inc. He later merged that company with a Medicaid-licensed entity, Staywell, which grew to be the second largest HMO in Florida, serving more than 100,000 members. Continuing to innovate in the managed care arena, in 1999, Dr. K turned around struggling WellCare of New York, First Choice of Connecticut and Health Ease of Florida. Together, these companies form the WellCare Management Group, with over a half million members and $1 billion in revenue. In 2003, he sold the majority of his interest in this business.

Today, Dr. K serves as the chairman of the Patel Foundation for Global Understanding, which develops and funds a wide variety of programs in health, education, and the arts and culture. He and his wife, Dr. Pallavi Patel, have funded the USF Charter School and the new, highly celebrated Performing Arts Conservatory in Tampa. They also support a yearly U.S. scholarship fund that helps underprivileged youth attend college as well as an innovative HIV research and education program in India.

Dr. K is an appointed President’s Council Member for the University of South Florida and a trustee of the USF Foundation. He has spearheaded efforts to restore order after devastating earthquakes in India, led a variety of medical missions, and built schools and hospitals that have served more than 50,000 people.

Dr. K received his diploma from Cambridge University and the University of London and attended medical school at Gujarat University in India. An internship in Africa followed by a residency in internal medicine in New Jersey led to a fellowship in the cardiology program affiliated with Columbia University of New York.

W. Robert Dahl

W. Robert Dahl is executive vice president of strategic business development and vice chairman of the board at Golden Pond Healthcare. From April 1999 until June 2006, he served as the head of Global Healthcare for The Carlyle Group, a leading private equity firm with over $50 billion of equity under management, where he was responsible for the firm’s investments in the healthcare field. During his tenure at Carlyle, Mr. Dahl served on the investment committee of the U.S. buyout funds, including the $7.9 billion Carlyle Partners IV and the $3.9 billion Carlyle Partners III funds. He also served on the investment committee of the $430 million Carlyle Mezzanine Partners.

Prior to Carlyle, Mr. Dahl served as co-head of healthcare investment banking in North America at Credit Suisse First Boston. Earlier in his career, he was a CPA for Price Waterhouse. Mr. Dahl is a graduate of Harvard Business School, where he was elected a Baker Scholar and received a Loeb Rhodes fellowship, and he received a BA degree from Middlebury College. In addition to ikaSystems, Mr. Dahl is a director of Amkai, LLC, and Slate Pharmaceuticals, Inc.

Krishna Ika

Krishna Ika is president of Government Works, Inc. With over 15 years of experience in software and hardware development and consulting, he has a proven track record for development and sales/marketing of various products and services. He is a serial entrepreneur and has developed companies in the United States and abroad dealing with the commercial sector clients and U.S. federal government agencies.

Mr. Ika, who has an engineering degree, has a wide variety of specialized knowledge in IT infrastructure, applications, networking systems and security. Through work experience, he has accumulated an understanding of the human relations aspects of management as well as an appreciation of the culture that makes for success in the IT world. In the path of further diversification, Mr. Ika has applied the knowledge gained in the commercial sector to specialized niches related to IT in the federal healthcare Medicare sector.

Mr. Ika has applied the time-honored concepts of discipline, focus and execution to offer clients what is required in the technology-driven 21st century, including cost advantages through customer relations management (CRM), value through improvements in business models so that a business can be tuned at the speed of light, and increased operational efficiency and improved quality of service in the healthcare and IT business fields in a quickly integrating globalized society.