Brad Ward

Senior Director
13+ years of experience
Specializes in advisory services and operational execution, focusing on pharmacy benefits
Serves a diverse range of clients across managed care
Dallas
@alvarezmarsal
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Brad Ward is a Senior Director with Alvarez & Marsal’s Healthcare Industry Group in Dallas. With more than 13 years of experience, he specializes in advisory services and operational execution, focusing on pharmacy benefits. Mr. Ward serves a diverse range of clients across managed care, including PBMs, vertically integrated payers, and regional health plans. His expertise spans PBM operations, benefit plan design strategy, client implementations, strategic sourcing, program management, product development and business process optimization.

Mr. Ward has a proven track record of enhancing PBM operational efficiency and effectiveness to drive cost savings, developing and implementing benefit plan designs and assisting with large-scale pharmacy benefit transitions across commercial and government lines of business. Most recently, he led the strategic planning and execution for a 20+ million member PBM migration in a Medicare and Medicaid operations advisory role. He drove integration execution across eligibility, benefits, clinical, network and FWA operations while ensuring seamless coordination with key stakeholders and maintaining data integrity within a complex health plan ecosystem.

Mr. Ward has played a key role in numerous transformation programs, including PBM migration advisory, planning and execution for health plans transitioning PBM services; operational cost take-out focused on PBM benefit plan administration, including configuration and claims validation testing; benefit operations sourcing strategy and execution for both clinical and non-clinical functions; and product advisory to develop an in-house benefit administration management solution.

Mr. Ward has also managed PBM core adjudication platform consolidation and membership migration; operational model design and advising on the sourcing strategy by function for a regional commercial plan; vendor assessment across pharmacy services KPIs, delivering recommendations for cost savings and oversight; and program management, supporting custom client self-service requirements for formulary configuration.

Prior to joining A&M, Mr. Ward served as a senior principal at Accenture. Previously, he held a leadership role at CVS Caremark, overseeing benefit plan implementation and maintenance for a $15+ billion annual revenue book of business in the employer segment.

Mr. Ward earned a BSBA from Oklahoma State University. 

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Thought Leadership
The social care sector is a cornerstone of society, contributing £50 billion annually to the UK economy. It plays a vital role in supporting the well-being and diverse needs of our population. However, it now stands at a critical juncture.