BOSTON, Nov. 6, 2013 /PRNewswire/ --Lockton, the world's largest privately held insurance broker, has expanded its healthcare team with the addition of Ross Downing, Vice President. Downing will be based in Lockton's Boston office.
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In his role, Downing will provide strategic advice to large provider organizations, Health Systems, Accountable Care Organizations (ACOs), Health Plans, and Consumer Oriented & Operated Plans (CO-OPs) as they navigate through the complexities of the Affordable Care Act and its impact on their organizations. He will advise clients on a wide array of issues including innovative risk financing solutions for healthcare organizations that are entering into risk-bearing contracts with Centers for Medicare and Medicaid Services (CMS), Medicaid, Pioneer, Private Payors (i.e. state governed health plans), and self-funded ERISA plans.
"Ross's unique expertise in risk financing solutions for alternative care and other health provider organizations is an important addition to our healthcare team." said Tim Ryan, Executive Vice President and Chief Operating Officer of Lockton Northeast. "Healthcare organizations continue to face an evolving and complex environment. We are excited about the addition of Ross and his ability to bring creative solutions to our clients."
The Lockton Healthcare Network includes experienced risk management qualitative analysts and insurance professionals who consult with hospital, long-term care, and managed care executives. This team provides risk management, patient safety, insurance program development, risk financing, employee benefits consulting, and other advisory services. The expertise and integrated approach of the group, drives competitive advantage across healthcare organizations by aligning risk, insurance and employee benefits strategies.
Prior to joining Lockton, Downing worked as a Vice President at Beecher Carlson in Boston. Earlier, he worked as a Financial Analyst for Aon Risk Services.
Ross graduated from Bentley University with a Bachelor of Science in Marketing and Management.
Lockton's Boston office is located at One International Place, 16th Floor, Boston. Downing can be reached via e-mail at rdowning@lockton.com or by phone at 617.880.5360.
About Lockton
More than 4,900 professionals atLocktonprovide 35,000 clients around the world with risk management, insurance, and employee benefits consulting services that improve their businesses. From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to become the largest privately held insurance broker in the world and9th largest overall. Independent researcher Greenwich Associates has awarded Lockton its Service Excellence Awardfor risk management for large companies. For five consecutive years, Business Insurance has recognized Lockton as a "Best Place to Work in Insurance."To see the latest insights from Lockton's experts, checkLockton Market Update.
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