Mihir Shah
Chief Financial & Strategy Officer
Professional Overview
Mihir Shah is an accomplished finance executive with over 15 years of experience driving strategic growth and operational excellence in the healthcare industry. As the Chief Financial & Strategy Officer at Commonwealth Care Alliance, he leverages his deep expertise in financial management, business analytics, and managed care to optimize performance and create long-term value.
Experience Summary
Current Role
In his current position as Chief Financial & Strategy Officer at Commonwealth Care Alliance, Mihir is responsible for overseeing the organization's financial strategy, reporting, and risk management. He partners closely with cross-functional leaders to align financial objectives with the company's strategic vision, driving continuous improvement and sustainable growth. Under his financial stewardship, Commonwealth Care Alliance has achieved significant operational efficiencies and successfully navigated complex regulatory and market changes.
Career Progression
Prior to his current role, Mihir served as the Chief Financial Officer at The Oncology Institute and Commonwealth Care Alliance, where he played a pivotal role in enhancing financial controls, optimizing cash flow, and expanding the organizations' market presence. He has also held interim CFO positions at Commonwealth Care Alliance and Apollo Medical Holdings, Inc., demonstrating his ability to provide strategic guidance and stabilize financial operations during critical transition periods.
Earlier in his career, Mihir held various finance and analytics leadership roles at Humana, Arcadian Health Plan, and Unitek Information Systems. In these positions, he honed his expertise in financial planning, managed care reporting, and business intelligence, contributing to improved decision-making and enhanced operational performance.
Academic Background
Mihir holds a Bachelor of Commerce degree from the University of Mumbai and a Master of Business Administration from the University of California, Irvine. His educational background, combined with his extensive industry experience, has equipped him with a well-rounded understanding of finance, strategy, and healthcare operations.
Areas of Expertise
- Financial management and reporting
- Strategic planning and business development
- Managed care operations and risk analysis
- Data analytics and business intelligence
- Cross-functional collaboration and leadership
Professional Impact
Throughout his career, Mihir has consistently delivered measurable results, including:
- Driving a 20% improvement in operating margins at The Oncology Institute through streamlined financial processes and cost optimization initiatives
- Securing a $50 million line of credit to support Commonwealth Care Alliance's growth initiatives and enhance its financial flexibility
- Leading the successful integration of financial systems and reporting frameworks following the merger of two healthcare organizations
Conclusion
Mihir Shah is a versatile finance executive with a proven track record of driving strategic and operational excellence in the healthcare industry. His deep understanding of financial management, data analytics, and managed care, coupled with his collaborative leadership style, make him a valuable asset to Commonwealth Care Alliance as it navigates the evolving healthcare landscape and pursues its ambitious growth objectives.
