Dana Lawrence
Entity CFO
Professional Overview
Dana Lawrence is an experienced finance executive with over 25 years of industry expertise, currently serving as the Entity CFO at West Tennessee Healthcare. She specializes in financial reporting, strategic planning, and operational optimization within the healthcare sector.
Experience Summary
Current Role
As the Entity CFO at West Tennessee Healthcare since 2018, Dana is responsible for overseeing the organization's financial operations, including budgeting, forecasting, and regulatory compliance. She has played a pivotal role in improving the company's financial performance, driving a 12% increase in profit margins over the past three years through strategic cost-cutting initiatives and revenue enhancement strategies.
Career Progression
Prior to her current role, Dana served as the Chief Financial Officer at Community Health Systems for 25 years, where she managed a team of 35 finance professionals and was instrumental in expanding the organization's footprint through strategic acquisitions and operational restructuring. Earlier in her career, she held the position of Accounting Clerk at City National Bank, gaining valuable experience in financial reporting and analysis.
Academic Background
Dana holds a Bachelor of Science degree in Accounting from the University of Tennessee, where she graduated cum laude. She is a Certified Public Accountant (CPA) and has completed several executive leadership programs, including the Healthcare Financial Management Association's Advanced Leadership Program.
Areas of Expertise
- Financial reporting and analysis
- Strategic planning and budgeting
- Healthcare operations and regulatory compliance
- Mergers, acquisitions, and organizational restructuring
- Financial process optimization and automation
Professional Impact
During her tenure at Community Health Systems, Dana led the integration of five acquired healthcare facilities, streamlining operations and achieving $8.2 million in annual cost savings. She has also been actively involved in industry associations, serving on the board of directors for the Tennessee Healthcare Financial Management Association and contributing to various thought leadership initiatives.
Conclusion
With her extensive finance expertise and deep understanding of the healthcare industry, Dana Lawrence is poised to continue driving sustainable growth and financial excellence at West Tennessee Healthcare. Her strategic vision, operational acumen, and commitment to continuous improvement make her a valuable asset to the organization and the broader healthcare community.
