Jeff Leston has extensive experience in technology and its applications in financial services and healthcare. He formed Castlestone Advisors to provide the healthcare industry with information technology solutions, largely based on developments from the financial industry. He has developed products for healthcare companies, including Johnson & Johnson, United Healthcare, Rite Aid, Walgreen’s and for health insurers, including MetLife, the State of Rhode Island, State of Tennessee, Medicare, Wellpoint and Delta Dental.
He was Executive Vice President of a company, which provided debit card marketing solutions to the pharmaceutical industry, and previously he established joint ventures to use the financial industry technologies in the health care industries with Alliance Capital (Now AllianceBernstein) and Physician Computer Network (Now WebMD). In the early 1990’s Mr. Leston led the implementation of pattern recognition systems to detect healthcare claims fraud, based on technology used in the credit card industry.
Mr. Leston worked as an analyst and banker and investor in health care information systems and services companies, completing corporate finance, strategic and merger & acquisition assignments for software, medical delivery and services companies, including HBO & Company (now McKesson), Physicians Computer Network (now WebMD) , Shared Medical Systems (purchased by Siemens), Mecon & Company (purchased by General Electric) and Express Scripts and Medco.
Prior to working on Wall Street, Mr. Leston was a principal in a technology and operations consulting firm specializing in automation of the financial services industry. That firm was acquired by Ernst & Whinney (now Ernst & Young) in 1989, where Mr. Leston began developing solutions for the health first industry based on financial services practices. He has authored articles on the use of information technology as a marketing tool. Mr. Leston began his career with the IBM Corporation.