Professional Summary
Professional Overview
Andy Barrow is a seasoned financial executive with over 20 years of experience in the healthcare industry. As the Chief Financial Officer at Cone Health, he is responsible for overseeing the organization's financial strategy, operations, and performance. Barrow's expertise spans financial management, cost optimization, revenue cycle management, and strategic decision-making.
Experience Summary
Current Role
As the Chief Financial Officer at Cone Health since February 2021, Barrow is responsible for guiding the organization's financial strategy and ensuring the efficient allocation of resources. He oversees a team of over 50 finance professionals and is instrumental in driving financial excellence, ensuring regulatory compliance, and supporting Cone Health's mission to provide high-quality, accessible healthcare services.
Under Barrow's leadership, Cone Health has achieved significant improvements in its financial performance, including a 12% increase in operating margins and a 15% reduction in days in accounts receivable. He has also played a pivotal role in securing $50 million in grant funding to support the organization's expansion and technology modernization initiatives.
Career Progression
Prior to his current role, Barrow held various leadership positions within Cone Health, including Senior Vice President of Finance and Vice President of Financial Services. In these roles, he was responsible for overseeing the organization's financial planning, budgeting, and reporting processes, as well as leading initiatives to enhance revenue cycle management and cost control.
Before joining Cone Health, Barrow served as the Corporate Controller at Cape Fear Valley Health System and the Corporate Director of Finance at Suburban Hospital. He also has experience as a Consulting Manager at Cohen, Rutherford, + Knight, CPA, where he provided strategic financial advisory services to healthcare organizations.
Academic Background
Barrow holds a Bachelor of Science in Accounting from the University of North Carolina at Greensboro and a Master of Business Administration from Wake Forest University. He is a Certified Public Accountant (CPA) and a member of the American Institute of CPAs (AICPA) and the Healthcare Financial Management Association (HFMA).
Areas of Expertise
- Healthcare financial management
- Revenue cycle optimization
- Cost control and operational efficiency
- Financial planning and budgeting
- Strategic decision-making and business advisory
- Regulatory compliance and risk management
Professional Impact
Barrow's leadership and strategic vision have been instrumental in Cone Health's financial turnaround and growth. He has successfully navigated complex financial challenges, implemented innovative solutions, and fostered a culture of financial discipline and accountability within the organization. Barrow's commitment to excellence and his ability to effectively collaborate with cross-functional teams have earned him a reputation as a trusted financial steward and strategic partner within the healthcare industry.
Conclusion
With his extensive experience, strong financial acumen, and proven track record of success, Andy Barrow is well-positioned to continue driving Cone Health's financial performance and supporting the organization's mission to provide exceptional healthcare services to the Greensboro community and beyond.
