Oklahoma Christian University recently awarded its Christian Business Leader of the Year Award to healthcare entrepreneur Bryce Williams. Previous recipients include Wal-Mart CEO Mike Duke and Devon Energy co-founder Larry Nichols. The award recognizes a business leader who has demonstrated excellence in the business community and dedication to faith.
Williams is co-founder, president and CEO of Extend Health, Inc., in San Mateo, Calif. Last year the company was the 94th fastest-growing, privately held company in the country, according to Inc. magazine. In the last three years, the company’s revenues have grown more than 2,500 percent. Williams has also been named as a semi-finalist for Ernst & Young’s 2011 Entrepreneur of the Year Award.
He spoke to OC business students at the School of Business Awards Banquet, where he received his award.
Williams is a graduate of Baylor University and The George Washington University Law School. He joined a health care start-up in 1993, which was later bought by the CVS Caremark family of companies. After working with two more healthcare start-ups, he co-founded Extend Health, which pioneered and built the largest Medicare plan exchange in the country.
According to Williams, the company has saved its 130-plus clients more than $1 billion in the last five years. Extend Health serves all three of major U.S. auto manufacturers. In 1997, the Wall Street Journal estimated that Extend Health saved Ford Motor Company $85 million a year by creating a Medicare exchange for its retirees.
Williams considers himself a native Oklahoman as his mother is from Duncan. He and his wife, Leigh, have two sons, Dawson and Brennon. Dawson is a freshman at Southern Methodist University, and Brennon is a high school sophomore who hopes to study engineering in college.