Catherine Bunch
Vice President, Financial Operations/Chief Financial Officer
Covenant Health, Knoxville, Tennessee
Professional Overview
Catherine Bunch is a seasoned finance executive with over 30 years of experience in the healthcare industry. As the Vice President of Financial Operations and Chief Financial Officer for Covenant Health's Methodist Medical Center and Roane Medical Center, she oversees all financial operations, reporting, and strategy for these two prominent healthcare systems.
Experience Summary
Current Role
In her current role, Ms. Bunch is responsible for leading the financial strategy, budgeting, and performance management for Methodist Medical Center and Roane Medical Center. She manages a team of financial professionals and works closely with hospital leadership to ensure the delivery of high-quality, cost-effective patient care. Under her guidance, the hospitals have maintained strong financial positions and implemented innovative cost-saving initiatives.
Career Progression
Prior to joining Covenant Health, Ms. Bunch spent 30 years as a Principal in the Audit and Accounting Services practice at PYA, P.C., a leading healthcare consulting and accounting firm. In this role, she provided strategic advisory services to a diverse portfolio of healthcare clients, including hospitals, physician practices, and long-term care facilities. Her expertise in financial reporting, compliance, and operational optimization contributed to the success of numerous client engagements.
Academic Background
Ms. Bunch holds a Bachelor of Science degree in Accounting from the University of Tennessee, Knoxville. She is a Certified Public Accountant (CPA) and a member of the American Institute of Certified Public Accountants (AICPA) and the Tennessee Society of Certified Public Accountants (TSCPA).
Areas of Expertise
- Healthcare finance and accounting
- Financial reporting and analysis
- Budgeting and performance management
- Revenue cycle optimization
- Regulatory compliance and risk management
- Strategic planning and operational improvement
Professional Impact
Throughout her career, Ms. Bunch has been recognized for her ability to drive financial and operational excellence within healthcare organizations. She has played a pivotal role in implementing cost-saving initiatives, improving revenue cycle management, and enhancing financial reporting processes. Her strong leadership and collaborative approach have earned her the respect of her peers and the trust of hospital leadership.
Conclusion
With her extensive experience and proven track record of success, Catherine Bunch is a valuable asset to Covenant Health. As the VP of Financial Operations and CFO, she continues to make a significant impact on the financial performance and strategic direction of Methodist Medical Center and Roane Medical Center, ensuring the delivery of high-quality, cost-effective healthcare services to the communities they serve.