Ronald Vance

Managing Director
Co-Head of the Health Insurance & Managed Care service line
Held numerous C-level roles in healthcare, including CEO, CRO and COO
Served as the President of Kaiser Foundation Health Plans of Hawaii and Colorado
Washington, D.C.
@alvarezmarsal
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Ronald Vance is a Managing Director with Alvarez & Marsal Healthcare Industry Group in Washington, D.C. Mr. Vance has more than 25 years of experience in restructuring, turnaround management, growth plans, product development, operational improvements, provider contracting, mergers and acquisitions and the development of strategic business alliances in the health benefits and insurance industry.

Mr. Vance has done financial and operational due diligence on potential acquisitions for health plans and clinical organizations, advised boards on acquisitions and divestitures, and developed and executed custom solutions to drive performance improvement. He has also advised executive teams and boards of medical groups on aligning incentives, improving value-based contracting structures, and improving operations in population health management, virtual care and ambulatory care delivery.

Most recently at A&M, Mr. Vance served as the President of Kaiser Foundation Health Plan & Hospital in Hawaii, leading a strategic repositioning focused on sustainability and long-term growth. As President of Kaiser Colorado, he led a transformation of operational and financial performance, coordinating the efforts of 6,000 employees and 1,200 physicians serving 600,000+ members.

Mr. Vance was selected by state regulators to serve as the Chief Restructuring Officer for Health Republic Insurance Co of New York. He served as interim COO for a $1.6 billion health plan with enrollment in Medicare Advantage, Medicaid, Long-Term Care and dual eligible programs. As CEO, he led the business turnaround of a regional hospital-owned PPO acquired by a large insurer and the operational and financial integration of a one-million-member health plan and a national health insurer. Mr. Vance created a start-up business for a managed care organization and has worked extensively with third-party administrators, through both partnership and acquisition models.

Prior to joining A&M, Mr. Vance was founder and President of Salus Strategy Group, a boutique consultancy, providing strategic advisory to health services and insurance companies. Previously, he served as President of the Emerging Markets division of CIGNA.

Mr. Vance is an associate faculty member at Johns Hopkins Bloomberg School of Public Health. He serves on the Board of Directors for Ally Behavior Centers.

Insights By This Professional

In a recent article from Health Payer Specialist, A&M Managing Director and healthcare industry expert Ron Vance, highlights the intricate dynamics of successful healthcare mergers and acquisitions, shedding light on economic benefits, communication strategies and cultural alignment as crucial components of a well-executed integration process.
In response to HHS-OIG's increased focus on Medicare Advantage organizations resulting in compliance audits, Ron Vance and Kirk Shanks, discuss how organizations can prepare and mitigate risk for future audits.
For more than half a century, Medicare had only been available to those 65 and older (or those with qualifying disabilities), but now, the Biden administration is proposing to lower the eligibility age to 60. Under this new policy, an additional 20.8 million people would have access to Medicare coverage.
COVID-19 has revealed the fragility of the American medical system and the significant risks around access, which consumers didn’t previously recognize.
Latest insights The latest insights from Ronald Vance's team
Thought Leadership
We are pleased to share the inaugural Alvarez & Marsal Distress Alert Southeast Asia report, a significant milestone in our effort to generate insights into the region’s distress market.
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