Summary
Overview
Work History
Education
Skills
Languages
Timeline
Generic

Sahil Sharma

Oswego,IL

Summary

Healthcare operations and vendor management leader with 8+ years of progressive experience overseeing complex vendor portfolios within regulated environments. Currently manage critical operational and strategic vendors for Aetna Better Health of Illinois, including statewide transportation services and quality-driven initiatives supporting Medicaid members.

Experienced in contract governance, financial stewardship, risk coordination, and cross-functional enterprise collaboration. Recognized for strengthening vendor accountability, aligning performance with state requirements, and driving disciplined execution across procurement, compliance, and operational teams.

Overview

2026
2026
years of professional experience

Work History

Manager – Vendor Management & Operations

CVS Health - Aetna Better Health of Illinois (ABHIL)
08.2021 - Current

Lead governance and strategic oversight of a Medicaid vendor portfolio representing $10M+ in annual spend across transportation (NEMT), quality programs, outreach initiatives, analytics, and clinical services supporting 320,000 Medicaid members statewide.

Vendor Portfolio & Lifecycle Leadership

  • Manage 15+ active vendor engagements end-to-end, from business intake and scope development through contracting, onboarding, performance governance, renewals, and funding extensions.
  • Lead development and execution of Statements of Work (SOW) and Change Orders (CO) totaling $5M+ annually, ensuring alignment to operational priorities and regulatory requirements.
  • Reduced contract cycle time by 10% by standardizing ARIBA workflows — implementing structured intake documentation, consistent SOW templates, defined approval sequencing, and proactive alignment with Procurement, Sourcing, Legal and Medicaid Vendor Management (MVM) to eliminate rework and bottlenecks.
  • Serve as escalation lead for high-risk vendor issues, achieving 100% escalation resolution through structured remediation planning and executive visibility.
  • Assist business owners in RFP development and submission, supporting scope definition, vendor evaluation, and commercial alignment in partnership with Strategic Sourcing.

Transportation (Non-Emergent) Oversight & Performance Recovery

  • Provide executive oversight of statewide transportation services supporting 320,000 ABHIL Medicaid members.
  • Implemented multi-layered operational interventions, including enhanced governance cadence, targeted performance reviews, enforcement of corrective action plans (CAPs), and structured Performance Improvement Plans (PIPs).
  • Improved transportation on-time performance from 92% to 98% over three years, stabilizing service reliability and reducing member disruption.
  • Enforced performance credits when vendors failed to meet contractual metrics and ensured compliance through ongoing monitoring of CAPs and PIPs.
  • Achieved 100% Health Services Advisory Group (HSAG) PIP score for ABHIL through disciplined oversight and structured improvement planning.
  • Partner directly with Illinois Healthcare and Family Services (HFS) and Illinois Association of Medicaid Health Plans (IAMHP) on transportation initiatives, regulatory expectations, and state-driven performance alignment.

Financial Stewardship & Cost Optimization

  • Oversee $10M+ annual vendor portfolio, partnering with finance and business unit on forecasting, accrual management, and budget variance monitoring.
  • Identified and realized 10–15% cost avoidance, representing $500K+ in savings or strategic investment opportunities (SAI) for the health plan.
  • Enforced and captured performance credits tied to SLA deficiencies, strengthening financial accountability.
  • Improved invoice validation accuracy and reduced payment discrepancies through disciplined ARIBA and Accounts Payable coordination.
  • Monitor Business Enterprise Program (BEP) participation to ensure compliance with Illinois diversity spend requirements.

Enterprise Governance & Risk Management

  • Coordinate 5–10 annual third-party risk assessments (DDQs and SOC reviews) across vendor portfolio.
  • Partner with Legal, Compliance, Security, Procurement, and IT to mitigate contractual, data privacy, and operational risks.
  • Maintained 100% on-time remediation for risk findings tied to vendor assessments.
  • Ensure adherence to HIPAA, breach notification timelines, audit provisions, and data protection standards.

Operational Improvement & Issue Resolution

  • Strengthened governance cadence across vendors, reducing issue resolution turnaround time by approximately 30–40% through structured escalation tracking, defined ownership pathways, and consistent executive review.
  • Standardized vendor performance reporting across Quality, Operations, and Finance to increase transparency and proactive risk mitigation.
  • Collaborate with the Medicaid Vendor Management (MVM) team to deliver structured oversight through Joint Operating Committee (JOC) meetings, Quarterly Business Reviews (QBRs), and executive-level discussions. Present vendor performance and remediation outcomes during External Quality Review Organization (EQRO) audits, reinforcing audit readiness and regulatory alignment.

Senior Business Consultant

New Generation Power – Chicago, Illinois
Chicago, Illinois
2014 - 01.2019

Oversaw a team of consultants supporting utility and municipal energy clients across Southeast Asia, managing strategic engagements exceeding 250+ MW in generation capacity and a recurring portfolio of approximately $17M in annual revenue.

  • Led cross-functional teams conducting on-site feasibility assessments, operational diagnostics, and infrastructure evaluations to determine technical viability, financial return, and long-term sustainability of proposed energy projects.
  • Directed detailed financial modeling and tariff development, incorporating capital expenditure analysis, cost optimization scenarios, regulatory considerations, and projected ROI to support executive decision-making.
  • Supervised preparation of comprehensive commercial proposals, investment memorandums, and bid submissions for competitive procurement processes across domestic and international markets.
  • Managed full-cycle RFP response development, including scope definition, pricing strategy, contractual risk assessment, and consortium coordination with industry leaders such as Lockheed Martin, Eaton, Boeing, and Veolia for large-scale government contracts.
  • Served as primary client interface for executive-level discussions, presenting technical, operational, and financial findings and translating complex analyses into strategic recommendations.
  • Ensured deliverables met contractual milestones, financial performance expectations, and risk mitigation standards across multi-stakeholder engagements.
  • Coordinated internal engineering, finance, and operations teams to align technical scope with commercial structure prior to submission, strengthening bid competitiveness and reducing post-award execution risk.
  • Supported capital investment evaluations and long-range portfolio planning through scenario modeling and sensitivity analysis.

Education

MBA -

Benedictine University
Lisle, IL
2021

Master of Science - Management & Organizational Behavior

Benedictine University
Lisle, IL
2018

Master of Science -

University of Northern Iowa
Cedar Falls, IA
2012

Bachelor of Technology - undefined

Amity University

Skills

  • Transportation (Non-Emergent Medical Transportation) Oversight
  • Vendor Lifecycle Management
  • Medicaid & State Regulatory Alignment
  • ARIBA Contract & Procurement Workflows
  • Financial Forecasting & Spend Governance
    Business Enterprise Program (BEP) Compliance Monitoring
  • Third-Party Risk Coordination (Due Diligence Questionnaire, System and Organization Control Reviews)
  • Performance Governance & Service Level Agreement (SLA) Enforcement
  • Cross-Functional Executive Collaboration
  • Team Leadership & Resource Management

Languages

English
Native or Bilingual
Hindi
Native or Bilingual
German
Limited Working

Timeline

Manager – Vendor Management & Operations

CVS Health - Aetna Better Health of Illinois (ABHIL)
08.2021 - Current

Bachelor of Technology - undefined

Amity University

Senior Business Consultant

New Generation Power – Chicago, Illinois
2014 - 01.2019

MBA -

Benedictine University

Master of Science - Management & Organizational Behavior

Benedictine University

Master of Science -

University of Northern Iowa