Commonwealth Medicine is pleased to welcome Alda Rego, MPA, as the new managing director of Health Care Finance Solutions, under the direction of Executive Vice Chancellor Lisa M. Colombo, DNP, MHA, RN.
Rego joins Commonwealth Medicine from the Massachusetts Executive Office of Health and Human Services (EOHHS), where she served as assistant secretary for administration and finance and had oversight of operations and the development and execution of projects and strategies to support the effective management of EOHHS and 15 agencies.
“Alda is a highly accomplished finance professional, with more than 20 years of experience successfully leading teams through key financial programs and services,” Colombo said. “She is known for her innovative problem solving and is a proven leader in delivering reliable, cost-saving solutions and strategies.”
Rego has wide-ranging leadership experience across Massachusetts state government, in addition to her most recent role. She has served as chief financial officer at MassHealth, deputy commissioner for administration and finance at the Massachusetts Department of Early Education and Care, deputy commissioner of the Department of Public Health, and state budget director for the Executive Office for Administration and Finance. She also served in Rhode Island state government, as chief financial officer for the state’s EOHHS and director of finance for its Department of Elementary and Secondary Education.
“I am confident that Alda’s deep knowledge will provide an invaluable perspective into emerging trends in public financing, providing Commonwealth Medicine the opportunity to address our clients’ most pressing challenges in this realm and achieve our strategic and business growth objectives,” said Colombo.
Rego succeeds Marc A. Thibodeau, MSc, JD, who retired after 24 years as managing director of Health Care Finance Solutions.
“I am excited for this opportunity to lead the Health Care Finance Solutions team at Commonwealth Medicine,” said Rego. “The work they have done in identifying and implementing financial savings, recoveries, and cost avoidance initiatives for state health care agencies is beyond parallel. I look forward to building upon that work as we expand our capabilities for our current and future clients.”
Rego earned her master’s degree in public administration from Suffolk University’s Sawyer School of Management and her bachelor’s degree in political science from UMass Dartmouth.