David Reese

VP, Regional CFO

Professional Overview
David Reese is a seasoned financial executive with over 15 years of experience in the healthcare industry. As the VP, Regional CFO at Molina Healthcare, he is responsible for overseeing the financial operations and strategic planning for the company's regional business units. With a strong background in financial management, cost optimization, and regulatory compliance, David has a proven track record of driving sustainable growth and improving financial performance for healthcare organizations.

Experience Summary

Current Role
As the VP, Regional CFO at Molina Healthcare since 2021, David is responsible for managing the financial operations of the company's regional business units. He oversees budgeting, forecasting, and reporting, ensuring the alignment of financial strategies with the organization's overall goals. Under his leadership, Molina Healthcare has achieved significant cost savings and improved financial efficiency, contributing to the company's strong market position.

Career Progression
Prior to joining Molina Healthcare, David served as the Chief Financial Officer at Magellan Complete Care, where he played a crucial role in the company's successful integration with a larger healthcare organization. Before that, he held the position of VP Regional Finance at WellCare Health Plans, where he was instrumental in driving financial optimization and improving profitability for the company's regional business units. Earlier in his career, David held CFO and finance leadership roles at UnitedHealthcare and the Arizona Department of Health Services, where he gained extensive experience in managing complex financial operations and regulatory compliance.

Academic Background
David holds a Master's degree in Business Administration from the University of Arizona and a Bachelor's degree in Accounting from Arizona State University. He is a Certified Public Accountant (CPA) and has completed various professional development programs in healthcare finance and strategic management.

Areas of Expertise

• Financial management and strategic planning

• Cost optimization and operational efficiency

• Regulatory compliance and risk management

• Healthcare industry knowledge and market trends

• Merger and acquisition integration

• Business performance analytics and reporting

Professional Impact
During his tenure at Magellan Complete Care, David played a pivotal role in the successful integration of the company with a larger healthcare organization, overseeing the financial restructuring and ensuring a seamless transition. At WellCare Health Plans, he led the implementation of advanced financial analytics and reporting systems, which resulted in a 15% reduction in operational costs and a 20% improvement in profitability for the company's regional business units.

Conclusion
With his extensive experience in healthcare finance and his commitment to driving financial excellence, David Reese is a valuable asset to Molina Healthcare. His strategic vision, financial acumen, and industry expertise have enabled him to make significant contributions to the organizations he has served, and he is poised to continue his career trajectory as a respected and influential financial leader in the healthcare sector.