Shah brings nearly fifteen years of healthcare expertise to CCA’s executive leadership team
BOSTON, MA – April 4, 2019 – After a national search, Commonwealth Care Alliance, Inc. (CCA) today announced the appointment of Mihir Shah as its next chief financial officer (CFO). Shah is a seasoned healthcare executive with nearly fifteen years of leadership experience in the healthcare industry and has served as CCA’s interim CFO since August 2018.
“In just a few short months, Mihir has brought rigor and discipline to ensure our organization’s ongoing financial success and has demonstrated a deep commitment to our mission, our members and patients, and to our dedicated staff,” said Christopher D. Palmieri, president and CEO of Commonwealth Care Alliance. “I am confident that he will bring strategic thought leadership as we continue to build CCA’s financial strength and long-term sustainability.”
In addition to a wealth of experience in financial management, Shah has an impressive track record of growing healthcare plans while improving reporting, reducing overhead, and optimizing organizational workflow. Shah, a Certified Public Accountant with a master of commerce-cost accounting, also has a strong background working across Medicare and Medicaid plans, physician group practices, and palliative care organizations.
Prior to joining CCA, Shah served as CFO of Apollo Medical Holdings, Inc. (ApolloMed), an integrated population health management company based in California. Shah played a critical role in developing and executing ApolloMed’s corporate strategy, helped coordinate a merger, and oversaw a significant revenue increase from $150 million to $400 million. Shah has also served as CFO of Unitek Information Systems and in a variety of roles at Arcadian Health, now a part of Humana.
“Over the past eight months, I have been motivated by the passion and dedication of CCA’s entire organization to provide high-quality, individualized care to the members and patients we serve,” said Shah. “I look forward to supporting that commitment and to maximizing the company’s economic efficiency to aid in its continued success and growth.”
About Commonwealth Care Alliance
Based in Massachusetts, Commonwealth Care Alliance® (CCA) is a not-for-profit, community-based healthcare organization whose mission is to provide the best possible care, individually tailored to the patients and members it serves. CCA has been nationally recognized for its innovative care model that improves health and quality outcomes while reducing overall care costs for individuals with complex medical, behavioral health, and social needs. CCA’s two health plans serve over 31,000 members who are dually eligible for Medicaid and Medicare, and for three consecutive years, CCA’s One Care plan earned a top rating from a consumer survey conducted by the Centers for Medicare & Medicaid Services. Learn more about CCA’s solutions at http://www.commonwealthcarealliance.org or follow us on Twitter and LinkedIn.