In April, Elsawy went from the CEO of the largest independent physicians' group in Central Massachusetts with 2,600 employees and 320,000 patients, to all of that plus the backing of a global organization with $85 billion in annual revenue.
In compiling our annual list of the most powerful people in the Central Massachusetts business community, there are countless CEOs, executive directors, presidents and founders to choose, from organizations with billions in revenue and offices across the globe.
Worcester nonprofit health insurer Fallon Health is expanding a program for people in Western Massachusetts who receive both Medicaid and Medicare benefits.
Fallon Health lost $4.4 million in the first quarter of the year, while Tufts Health Plan lost nearly $27 million as both insurers began operating as part of accountable care organizations.
Fallon Health and Tufts Health Plan each reported positive net income for 2017, while Blue Cross Blue Shield of Massachusetts and Harvard Pilgrim Health Care posted losses.
The Board of the Health Foundation of Central Massachusetts has elected two new members to three of its committees, including Kevin Grozio, Fallon Health senior vice president and CFO.