Geisinger Health Plan chief actuary one of 21 women selected for prestigious national program
DANVILLE, PA – Karena Weikel, Geisinger Health Plan’s chief actuary, has been invited to join the Carol Emmott Fellowship program. She joins 20 other women representing 19 health care organizations across the country in the fellowship’s class of 2021.
“I’m honored to join this group of exceptional women in the Carol Emmott Fellowship program,” Weikel said. “This is an outstanding opportunity for women to grow and develop as leaders in health care through the fellowship alumnae network and mentorship program as we inspire each other to discover innovative ways to manage total health and make health care affordable for everyone.”
The Carol Emmott Fellowship, a program of the Carol Emmott Foundation, accelerates the leadership capacity and national visibility of women in health. The program provides unique support and powerful resources to exceptional women leaders. Fellowship recipients complete a 14-month program with hand-selected mentors and a nationwide network of senior executive leaders in the field.
“This is the most diverse class we’ve inducted since the program started five years ago,” said Anne McCune, CEO of the foundation. “As our nation continues to reel from the greatest health crisis in our lifetimes, it’s essential that we support and invest in women leaders in health care.”
Fellows are nominated by their sponsoring organizations. The competitive process includes the submission of an original impact project proposal designed to accelerate action toward equity in their institutions and communities.
“We are thrilled to have Karena join this incredible program,” said Jaewon Ryu, MD, JD, Geisinger’s president and chief executive officer. “By continuing to invest in the development of leaders like her, we will be able to build on our ability to deliver better care, better experience and greater affordability for our patients and members.”
Fellowship recipients also receive mentorship throughout their tenure from nationally recognized senior executive health leaders. They continue to work for their organizations during the fellowship, building networking relationships with other top leaders and exercising leadership skills as they implement their impact projects.
Weikel was named chief actuary in August 2020 and is directly accountable to the president of Geisinger Health Plan. She is a risk professional who began her career in health care experience in 2001. Weikel is responsible for managing Geisinger’s overall cost of care (expense, vendor), trend mitigation, vendor relations, underwriting, provider and medical economics, risk adjustment, operational and regulatory reporting, pricing and rate filing, trend analysis, reserve and organization-wide financial analytics for all lines of business.
She leads a team of more than 130 highly skilled and experienced professionals who blend math, statistics and business knowledge to develop the analytics and improve revenue and expense that drive GHP’s success. Weikel has been vice president of risk and revenue management since 2015, and previously served as associate vice president of clinical informatics and actuarial director.
Geisinger is committed to making better health easier for the more than 1 million people it serves. Founded more than 100 years ago by Abigail Geisinger, the system now includes 10 hospital campuses, a health plan with more than half a million members, a Research Institute and the Geisinger Commonwealth School of Medicine. With nearly 24,000 employees and more than 1,700 employed physicians, Geisinger boosts its hometown economies in Pennsylvania by billions of dollars annually. Learn more at Facebook, Instagram, LinkedIn and Twitter.
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