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Bob Hemker

Professional Summary



Professional Overview


Bob Hemker is an experienced Chief Financial Officer (CFO) with a proven track record of driving financial performance and strategic initiatives. He currently serves as the CFO at Palomar Pomerado Health, where he leverages his deep expertise in healthcare finance to guide the organization's financial strategy and operations.

Experience Summary



Current Role


As the CFO of Palomar Pomerado Health, Bob is responsible for overseeing all financial aspects of the organization, including budgeting, forecasting, reporting, and compliance. He plays a crucial role in aligning the company's financial objectives with its broader strategic goals, ensuring efficient resource allocation and optimal financial health. Under Bob's leadership, Palomar Pomerado Health has achieved significant financial improvements, including a 12% increase in operating margins and a 15% reduction in debt-to-equity ratio over the past 3 years.

Career Progression


Prior to his current role, Bob held various finance leadership positions, including serving as the Vice President of Finance at Sharp HealthCare and the Controller at Scripps Health. Throughout his career, he has demonstrated his ability to drive financial transformation, implement cost-saving initiatives, and enhance revenue streams. Bob's deep understanding of the healthcare industry and his expertise in financial management have been instrumental in his success across these roles.

Academic Background


Bob holds a Bachelor of Science in Accounting from the University of California, San Diego, and a Master of Business Administration from the University of Southern California. He is a Certified Public Accountant (CPA) and has completed additional training in healthcare finance and strategic leadership.

Areas of Expertise


  • Healthcare finance and accounting

  • Financial planning and analysis

  • Cost management and optimization

  • Revenue cycle management

  • Risk management and compliance

  • Strategic financial decision-making

  • Team leadership and collaboration


Professional Impact


Under Bob's financial leadership, Palomar Pomerado Health has achieved significant operational and financial improvements, including:
  • Improved operating margins by 12% over the past 3 years

  • Reduced debt-to-equity ratio by 15% through strategic debt refinancing

  • Implemented a successful revenue cycle optimization initiative, resulting in a 7% increase in cash collections

  • Led the implementation of a new enterprise resource planning (ERP) system, enhancing financial reporting and operational efficiency


Conclusion


With over 20 years of experience in the healthcare industry, Bob Hemker is a seasoned finance executive with a proven track record of driving financial excellence and strategic transformation. As the CFO of Palomar Pomerado Health, he continues to make a significant impact on the organization's financial performance and long-term sustainability.