Element Care PACE Appoints Christina Wong as New Chief Financial Officer

LYNN, Mass.--(BUSINESS WIRE)--Element Care, a leading Program for All-Inclusive Care for the Elderly (PACE) and managed care provider for Senior Care Options (SCO) under a contract with Commonwealth Care Alliance, is pleased to announce the appointment of Christina Wong, as the organization's new Chief Financial Officer (CFO). Christina 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 the highest 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+ 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.

“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. “We know Element Care will be in good hands with Christina on the team, and we look forward to her work to enhance operational efficiency and grow our unique care model to many more seniors in need.”

Christina, 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 Plans. Prior, 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.

“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, CFO at Element Care. “I look forward to building on the success of this incredible organization as the healthcare landscape continues to evolve.”

Christina is a strategic finance executive combining corporate development, managed care, and financial operations excellence. Her commitment to strategic leadership, financial stewardship, and industry innovation has consistently resulted in driving optimized financial operations and meaningful outcomes.

About Element Care

Element Care is a non-profit healthcare organization with a simple mission: to help older adults live safely and comfortably in their homes and communities for as long as they can, keeping their stays in hospitals and nursing facilities as minimal as possible. Founded in 1994, Element Care’s PACE program was established as a joint venture of the Lynn Community Health Center and Greater Lynn Senior Services to bring PACE to seniors in the community. In 2004, Element Care partnered with Commonwealth Care Alliance to provide comprehensive clinical case management to at-risk SCO members. The organization offers a holistic approach to care that includes medical, social, and wellness services tailored to the unique needs of each participant and member.