Leader of HIG’s Health Plans and Managed Care Practice
25+ years of experience with commercial and government-funded health plans and payers
Focuses on strategy, growth, operational transformation and performance improvement
New York
@alvarezmarsal
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Craig R. Savage is a Managing Director and leader of the Health Plans and Managed Care Practice with Alvarez & Marsal’s Healthcare Industry Group (HIG) in New York and Washington, D.C. He has served commercial and government-funded health plans, payers and related diversified businesses for more than 25 years. Mr. Savage’s areas of focus include strategy, growth, operational transformation and performance improvement.
Mr. Savage brings extensive operating and consulting experience working with health plans, payers and associated diversified businesses including dental and vision plans. His experience spans for-profit and not-for-profit commercial, government-funded and public-sector health plans and payers.
Prior to joining A&M, Mr. Savage served as the President and General Manager of Inovalon’s Payer business, providing a portfolio of industry-leading cloud-based SaaS platform solutions that empower data-driven healthcare for a wide array of health plan and payer organizations.
Previously, Mr. Savage was a senior executive at Optum, Inc., a division of UnitedHealth Group, reporting to the Optum Insight CEO, where he served as Senior Vice President responsible for the global payer consulting organization. He oversaw a consulting team of more than 1,000, serving health plan customers across six practice areas, including risk management & growth, government programs, health management & operations, payer technology, professional staffing, and digital transformation. Prior to that Mr. Savage was a Partner and Managing Director for the Health & Public Sector for Accenture, LLP.
Mr. Savage earned a bachelor’s degree in software engineering from Salisbury University. He has completed postgraduate executive development programs at the University of Pennsylvania’s Wharton School of Business, Harvard Business School, and Southern Methodist University.
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A&M Healthcare Industry Group is pleased to welcome Mallory Van Horn as a Managing Director to its Health Plans and Managed Care practice. Ms. Van Horn will advise payers on how to achieve their financial and growth goals amidst a complex healthcare landscape.
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A&M Healthcare Industry Group welcomes Craig Savage as the Health Plans and Managed Care Practice Leader. With more than 25 years of industry practice and leadership, Craig’s hands-on operating experience with for-profit and not-for-profit commercial, government-funded and public-sector health plans and payers, will help drive the growth of the practice.
