Carla McMath
Director of Finance
Professional Overview
Carla McMath is an accomplished finance executive with over 13 years of experience in the healthcare industry. As the Director of Finance at Sentara Health, she oversees the financial management and strategic planning for the organization, playing a key role in driving operational efficiency and profitability. With a strong background in Medicaid and value-based care initiatives, Carla is adept at aligning financial operations with evolving industry trends and regulatory requirements.
Experience Summary
Current Role
As the Director of Finance at Sentara Health, Carla is responsible for managing the organization's overall financial strategy, budgeting, and performance reporting. She leads a team of finance professionals in ensuring accurate financial records, implementing cost-saving measures, and developing data-driven insights to support executive decision-making. Under Carla's leadership, Sentara Health has achieved a 12% reduction in administrative costs and a 15% increase in operating margins over the past 2 years.
Career Progression
Prior to her current role, Carla served as the Director of Finance - Medicaid at Sentara Health Plans, where she oversaw the financial management of the organization's Medicaid business segment. She also held positions at Aetna, a CVS Health Company, and BlueCross BlueShield of Tennessee, where she demonstrated expertise in provider performance management, payment initiatives, and strategic business unit finance.
Throughout her career, Carla has consistently driven improvements in financial operations, implemented innovative cost-saving strategies, and played a pivotal role in shaping her organizations' responses to industry changes. Her achievements include implementing a value-based reimbursement model that resulted in a 20% increase in provider participation and a 12% reduction in Medicaid program costs.
Academic Background
Carla holds a Bachelor of Science in Accounting from the University of Tennessee and is a Certified Public Accountant (CPA). She has also completed executive leadership training programs at the Wharton School of Business and the Harvard Business School.
Areas of Expertise
- Financial planning and analysis
- Medicaid and value-based care program management
- Cost optimization and operational efficiency
- Data-driven decision making and performance reporting
- Strategic leadership and team management
Professional Impact
Carla's industry expertise and strategic vision have earned her recognition as a thought leader in healthcare finance. She has been invited to speak at industry conferences, such as the HFMA National Institute and the AHIP Institute & Expo, where she has shared insights on navigating the evolving healthcare landscape and optimizing financial performance. Carla's dedication to professional development and her commitment to driving positive change within the industry make her a valuable asset to Sentara Health and the broader healthcare community.
Conclusion
With her extensive experience, strong financial acumen, and proven track record of success, Carla McMath is a highly respected finance executive who is poised to continue making a significant impact in the healthcare industry. Her strategic leadership and data-driven approach to financial management position her as a trusted advisor and a valuable contributor to Sentara Health's ongoing growth and success.
