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2019 Power 50: Richard P. Burke

Richard P. Burke  President & CEO Fallon Health, Worcester Residence: Worcester Colleges: Assumption College, Boston College, Cornell University
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Fallon insures more people than ever, 22% more than it did when Burke became its leader in 2016. While the insurer has achieved this record through a variety of efforts, the membership spike in 2018 was largely the result of the company becoming a central part of the MassHealth accountable care organization system, pairing insurers with health providers with an aim for better cost controls and quality. Fallon employs more people than ever, with a large majority at its downtown Worcester offices, which bring hundreds of people to the neighborhood each weekday as the city works to build more vitality into the neighborhood.

Fallon is building a new state-of-the-art healthcare facility for seniors called Summit ElderCare facility on Grove Street in Worcester, joining another new senior care center opened last year in Webster. Outside of Fallon, Burke serves on the boards of Assumption College and the Worcester Business Development Corp.

Where is the Central Mass. community headed? Our population is aging and needs innovative health care at an affordable cost.

Better count his teeth: I’m a hockey fan and played on Assumption’s team when I was an undergraduate.

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May 29, 2019

Congratulations to Richard Burke. Fallon has faced many challenges over the past decade. Throughout all, however, Fallon has kept its members first. Richard has maintained that excellence while strengthening Fallon to be sustainable. Best Regards, Kathleen Connolly, PMP

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