Press Release

Alvarez & Marsal Expands Health Plans and Managed Care Practice with Top Talent to Address Key Industry Challenges in 2025

Issued by Alvarez & Marsal

Jan. 30, 2025

New York – Leading global professional services firm Alvarez & Marsal’s  (A&M) Healthcare Industry Group , has expanded its Health Plans and Managed Care practice with the appointment of nine new senior leaders. Joining the practice as Managing Directors are Rose Bernards, Probal Hasan, Erik Swanson, Elena White and Bryan Komornik alongside A&M Senior Director hires David Chennisi, Bionca Jones, Susan Trimble and Brad Ward. These appointments strengthen A&M’s Health Plans and Managed Care capabilities, marking a significant milestone in the firm’s strategic expansion of its Healthcare Industry Group.

This growth will enhance A&M’s ability to meet health plan clients’ needs across all lines of business – commercial, Medicare, Medicare Advantage, Medicaid, ACA – as well as ancillary benefits such as dental and vision and to meet the growing demands from pharmacy benefit managers. In particular, the team is well-positioned to tackle the top issues facing health plans in 2025, including rising utilization and medical expenses in Medicare Advantage, the ongoing impact of Medicaid redeterminations, managing premium deficiencies and financial sustainability, navigating regulatory challenges and compliance burdens and advancing digital transformation and member engagement.

Martin McGahan, Managing Director and head of A&M’s Healthcare Industry Group, stated, “These new leaders bring invaluable depth of knowledge to accelerate our efforts and help clients maximize value. Their expertise aligns with our operational heritage and dedication to driving change. Alongside our experienced network of professionals, their insights will support clients in navigating industry complexities, regulatory challenges, technological shifts and evolving value-based models.”

Craig Savage, Managing Director and leader of A&M Healthcare Industry Group’s Health Plans and Managed Care practice emphasized the strategic advantages of expanding: “The substantial expansion of our senior team reflects our growing capabilities, bringing decades of experience in Medicaid, Medicare and provider-sponsored health plans. The addition of nine new leaders highlights our ability to meet current market demand and future needs. Our deep experience in the health plan sector, combined with A&M’s integrated platform, positions us to help clients capitalize on opportunities and drive sustained profitability.”

About Alvarez & Marsal

Founded in 1983, Alvarez & Marsal is a leading global professional services firm. Renowned for its leadership, action and results, Alvarez & Marsal provides advisory, business performance improvement and turnaround management services, delivering practical solutions to address clients' unique challenges. With a world-wide network of experienced operators, world-class consultants, former regulators and industry authorities, Alvarez & Marsal helps corporates, boards, private equity firms, law firms and government agencies drive transformation, mitigate risk and unlock value at every stage of growth.

To learn more, visit: AlvarezandMarsal.com

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