LYNN – Element Care has announced the appointment of Christina Wong as the organization’s new Chief Financial Officer (CFO), according to a press release from the organization.
Element Care is a leading Program for All-Inclusive Care for the Elderly (PACE) and a managed-care provider for Senior Care Options (SCO) under a contract with Commonwealth Care Alliance.
Wong is a seasoned healthcare executive with a successful track record in leading growth initiatives and optimizing costs across diverse healthcare segments.
For 30 years, Element Care has provided high-quality comprehensive healthcare to thousands of at-risk seniors. Currently, Element Care serves over 1,000 PACE participants and 2,000 SCO members across 60-plus communities on the North Shore, Merrimack Valley, and Greater Boston. PACE is a federally funded health care plan that offers a range of services, including preventive, primary, acute, and long-term care, according to the release.
“As we enter a period of planned growth and financial improvement, it was extremely important to select a candidate that is skilled in navigating the intricate healthcare finance landscape for aging adults and experienced in leading our efforts to deliver strong financial results while driving meaningful outcomes for low-income seniors,” said Douglas Thompson, CEO at Element Care.
Thompson believes that Element Care will be in good hands with Wong on the team, and the group looks forward to her work to enhance operational efficiency and grow their unique care model to many more seniors in need.
Wong, who holds a Master’s in Business Administration (MBA) from the NYU Stern School of Business, has a distinguished career solving complex challenges and driving positive change in the healthcare industry.
She has held several leadership positions at Aetna, Inc., including CFO at Aetna Better Health of NY, a Medicaid Managed Long Term Care Health Plan. Prior to this, she was the head of Medicaid Product at Healthfirst, NYC’s largest Medicare/Medicaid health plan, serving over 1.5 million New Yorkers with profit and loss (P&L) responsibility for over $11 billion in revenue, according to the release.
“Throughout my career, I’ve led growth initiatives and shaped financial direction across diverse healthcare segments, including Medicaid, Medicare, and Managed Long-Term Care. I am excited to join Element Care to support the organization’s highly personalized care models for older adults in the communities where I grew up,” said Wong. “I look forward to building on the success of this incredible organization as the healthcare landscape continues to evolve.”
Wong is a strategic finance executive who combines corporate development, managed care, and excellence in financial operations. Her commitment to strategic leadership, financial stewardship, and industry innovation has consistently resulted in driving optimized financial operations and meaningful outcomes, according to the press release.
