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Catherine Tipton

Catherine Tipton, CPA


Division CFO



Professional Overview


Catherine Tipton is an experienced finance executive with a proven track record of driving strategic growth and operational excellence in the behavioral healthcare industry. As the Division CFO at Summit BHC, she leverages her deep expertise in financial management, revenue cycle optimization, and process improvement to support the company's expansion and profitability.

Experience Summary



Current Role


As the Division CFO at Summit BHC, Catherine is responsible for overseeing the financial operations of the organization's regional facilities. In this role, she partners closely with executive leadership to develop and implement financial strategies that align with the company's overall business objectives. Catherine's key responsibilities include financial planning and analysis, cash flow management, revenue cycle optimization, and the implementation of cost-saving initiatives. Under her leadership, Summit BHC's regional operations have achieved significant improvements in financial performance, with a 15% increase in EBITDA over the past year.

Career Progression


Prior to her current role, Catherine served as the VP of Revenue Cycle at Summit BHC, where she successfully implemented a comprehensive revenue cycle management program that resulted in a 20% reduction in days sales outstanding and a 12% increase in cash collections. Before joining Summit BHC, Catherine held the position of Chief Financial Officer at Highland Hospital in Charleston, West Virginia, and Valley Behavioral Health System, where she played a pivotal role in driving operational efficiencies, enhancing financial reporting, and improving profitability.

Academic Background


Catherine 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 programs at the Wharton School of Business and the American College of Healthcare Executives.

Areas of Expertise


  • Financial management and strategic planning

  • Revenue cycle optimization and process improvement

  • Operational efficiency and cost-saving initiatives

  • Regulatory compliance and financial reporting

  • Healthcare industry knowledge and market trends


Professional Impact


Throughout her career, Catherine has demonstrated a consistent track record of driving positive financial and operational outcomes for the healthcare organizations she has served. Her leadership and strategic vision have been instrumental in helping her employers navigate complex industry challenges and achieve sustainable growth. Catherine is also an active member of the Healthcare Financial Management Association (HFMA) and frequently speaks at industry conferences on topics related to financial best practices and innovative strategies in behavioral healthcare.

Conclusion


With her extensive experience, technical expertise, and strategic mindset, Catherine Tipton is a valuable asset to Summit BHC's leadership team. As the Division CFO, she is poised to continue making significant contributions to the company's financial performance and operational excellence, further solidifying her reputation as a respected finance executive in the behavioral healthcare industry.