Harvey F. Littman is a distinguished financial executive with over 40 years of leadership experience in health plans, insurance, and healthcare management. As a seasoned Chief Financial Officer and Treasurer, Harvey has played a pivotal role in transforming financial operations, driving strategic growth, and improving business performance across some of the most well-known healthcare organizations. His expertise spans managed care, Medicare, Medicaid, underwriting, investment management, and financial turnarounds. With a strong foundation in financial strategy, team leadership, and business development, Harvey is now focused on board roles where he can leverage his deep industry knowledge to enhance governance and drive sustainable growth.
Throughout his career, Harvey has been at the forefront of financial innovation and operational excellence. As CFO of Clear Spring Health, he provided financial leadership for a fast-growing Medicare Advantage and Medicare Part D plan, overseeing multi-source financing, cash flow management, and strategic bidding for government contracts. Under his leadership, the company secured a $470 million factoring arrangement, improving liquidity and financial stability. His work laid the foundation for the organization’s long-term success in the competitive Medicare landscape.
Prior to his role at Clear Spring Health, Harvey served as Senior Vice President, CFO, and Treasurer at Capital Blue Cross, where he led a financial transformation that resulted in a remarkable turnaround. From 2014 to 2016, the company faced cumulative operating losses of $176 million, but under Harvey’s financial leadership, it achieved cumulative operating gains of $112 million from 2017 to 2020. His disciplined pricing strategies and underwriting improvements led to a 50% increase in membership in the individual market while maintaining profitability. He also played a key role in establishing a joint venture with WellSpan Health System to expand Medicare Advantage offerings.
Harvey’s financial acumen extends beyond operational turnarounds. At Baylor Scott & White Health Plan, he restructured the underwriting and pricing models, significantly improving the company’s financial performance. His leadership in contract negotiations, investment strategies, and provider reimbursement models helped drive sustainable growth. During his tenure at UnitedHealthcare, he spearheaded a financial strategy that restored membership growth and profitability in the Mid-Atlantic region, leveraging small-group market strategies and broker partnerships to drive competitive success.
Beyond his executive leadership, Harvey has been a key figure in governance and board leadership. He has served on the board of Hamilton Health, a Federally Qualified Health Center, where he played a crucial role in financial strategy and expansion planning. He has also contributed to nonprofit organizations such as Family Services Association of Indianapolis, Girls Incorporated, Behavior Inc., and United Way. Currently, he serves on the board of RX Talents at Capital Blue Cross, where he provides strategic financial oversight to advance healthcare innovation.
Harvey holds an MBA in Finance from the University of Houston and a BBA in Accounting from the Isenberg School of Management at UMass Amherst. Additionally, he has completed executive education in CFO strategic leadership at The Wharton School, further enhancing his ability to drive financial excellence and business transformation. His professional certifications include Certified Public Accountant (CPA, inactive), Chartered Life Underwriter (CLU), and Health Insurance Associate (HIA).
An expert in strategic planning, financial analysis, and business process improvement, Harvey has been a sought-after speaker at A.M. Best conferences and other industry events, addressing key topics in health plan finance, risk management, and healthcare economics. He has also been a trusted advisor to executive teams and board members, helping organizations navigate complex regulatory environments, optimize cost structures, and capitalize on growth opportunities.
Harvey’s leadership philosophy centers on building high-performing teams and fostering a culture of accountability and collaboration. He has a proven track record of developing finance professionals into future leaders, ensuring organizations have the talent and expertise needed for long-term success. His ability to connect financial strategy with broader business objectives has been instrumental in achieving sustainable profitability and operational efficiency.
Beyond his professional accomplishments, Harvey is passionate about basketball and chess, activities that reflect his strategic mindset and competitive spirit. Whether on the court or in a boardroom, he thrives in environments that require critical thinking, adaptability, and the ability to anticipate challenges before they arise. His commitment to excellence, both personally and professionally, has made him a trusted leader in the healthcare finance industry.
As Harvey continues to explore board and advisory opportunities, he is eager to bring his strategic vision, financial expertise, and leadership acumen to organizations seeking to improve their financial performance, governance structures, and long-term sustainability. His ability to balance risk, innovation, and operational efficiency makes him a valuable asset to any board or executive team.
Character:
Harvey is a dedicated and ethical leader known for his integrity, professionalism, and commitment to excellence. His ability to inspire trust and foster strong relationships has been a cornerstone of his success.
Knowledge:
With four decades of experience in healthcare finance, managed care, and strategic business development, Harvey possesses deep industry expertise that enables him to drive meaningful organizational change.
Strategic:
Harvey has a proven ability to develop and execute financial strategies that drive profitability, enhance competitive positioning, and ensure long-term business sustainability. His insights have consistently delivered measurable results.
Communication:
A skilled communicator, Harvey effectively conveys complex financial concepts to diverse stakeholders, including boards, executive teams, and industry audiences. His ability to translate financial insights into actionable strategies is one of his greatest strengths.
