The Millennium Alliance is excited to announce that Richard Topping, Assistant Secretary of Management & Chief Financial Officer at U.S. Department of Veterans Affairs, will keynote our Transformational CFO Healthcare Providers Assembly on March 4-5 at The Omni in Charlotte!
Interested in joining this Assembly? Click here to request an invite
About Richard Topping
The Honorable Richard F. Topping was appointed by President Donald J. Trump to serve as the Assistant Secretary for Management and Chief Financial Officer at the Department of Veterans Affairs (VA) and confirmed by the Senate on July 24, 2025. In this role, he is responsible for overseeing the Department’s $440 billon budget as well as financial, capital asset management, and business oversight functions. In addition, he is responsible for the roll-out of VA’s new integrated financial and acquisition system.
Prior to his confirmation, he served as Chief Legal Officer for CareSource, where he led the company’s administrative operations. Mr. Topping was also President of CareSource Military & Veterans, and pioneered the company’s work to improve health and wellness outcomes for veterans, active-duty service members, and their families. Before joining CareSource, Mr. Topping was a member of Mintz’s healthcare practice representing health plans and insurers. He also played a key role in supporting the healthcare finance and innovation provisions of President Trump’s 2018 MISSION Act, which significantly improved veterans’ access to healthcare.
Earlier in his career, Mr. Topping was a trial attorney for the U.S. Department of Justice representing the Secretary of Health and Human Services. He also served as counsel at the Center for Bioethics at Brigham and Women’s Hospital and Harvard Medical School. Mr. Topping began his public service as a U.S. Army infantry officer and later as a Judge Advocate General (JAG) officer, focusing on TRICARE and health care finance.
Mr. Topping has also held key leadership roles shaping policy and innovation at the state level and in the private sector. He previously served as CEO of Cardinal Innovations Healthcare, the nation’s first Medicaid managed care plan providing capitated Intellectual and Developmental Disabilities (IDD) and behavioural health services. In North Carolina, he was appointed by Governor Pat McCrory to help draft and secure passage of McCrory’s landmark 2015 Medicaid reform legislation, which improved the quality of healthcare in North Carolina and reduced costs, without expanding the state’s Medicaid program.
