Cambia Health Solutions is pleased to welcome Mike Rains as its next chief financial officer to lead the critical work of driving financial stability across the enterprise.
Rains comes to Cambia from Elevance Health, where he was chief financial officer for the Government Business Division. Rains is well known to Cambia, where he worked as vice president of strategic finance from 2012-2014. During his time at Elevance, he served in progressively senior roles, including vice president of finance and Regional CFO for the Commercial & Specialty Business Division’s East Region and subsequently as the Medicare CFO. In his most recent role, he was responsible for all strategic finance and pricing activities covering approximately 3 million Medicare and 12 million Medicaid members.
Rains will succeed Vince Price, who is retiring at the end of the year after serving as Cambia’s CFO since 2010.
Rains graduated from Ball State University with a bachelor’s degree in accounting and has a Master of Business Administration from Butler University. He will start Aug. 7 and be based in Seattle.