Denise Raggi, CPA

Senior Director of Finance

Professional Overview
Denise Raggi is a highly accomplished finance executive with over 35 years of experience in the healthcare industry. As the Senior Director of Finance at Bassett Healthcare Network, she oversees the organization's financial operations, risk management programs, and contract negotiations. Denise's expertise spans revenue cycle management, financial reporting, and strategic planning, enabling her to drive operational efficiency and optimize financial performance.

Experience Summary

Current Role
Denise has served as the Senior Director of Finance at Bassett Healthcare Network since 2017, where she is responsible for managing the organization's $1.2 billion annual budget. In this role, she has implemented innovative revenue cycle strategies, resulting in a 12% reduction in days in accounts receivable and a 15% increase in cash collections. Denise also leads the development and execution of Bassett's risk management programs, ensuring the organization is well-equipped to mitigate financial and operational risks.

Career Progression
Prior to her current position, Denise held various leadership roles within the Bassett Healthcare Network, including Director of Risk Programs and Products and Senior Director of Finance, Revenue Cycle and Contracts. During her tenure, she has played a pivotal role in negotiating favorable contract terms with payers, leading to a 20% increase in net reimbursement. Denise's career began at Aetna Life & Casualty, where she served as a Network Contract Manager, honing her expertise in managed care and contract management.

Academic Background
Denise holds a Bachelor of Science in Accounting from the University of Delaware and is a Certified Public Accountant (CPA). She has completed executive leadership programs at the Harvard Business School and the Wharton School of the University of Pennsylvania, further enhancing her strategic and analytical capabilities.

Areas of Expertise

• Financial management and reporting

• Revenue cycle optimization

• Risk management and mitigation

• Contract negotiation and payer relations

• Strategic planning and business transformation

• Team leadership and organizational development

Professional Impact
Denise's contributions have been instrumental in driving Bassett Healthcare Network's financial stability and growth. Her innovative approaches to revenue cycle management and risk mitigation have earned her recognition within the industry, and she is a sought-after speaker at healthcare finance conferences. Denise's commitment to excellence and her ability to translate complex financial concepts into actionable strategies have made her a valuable asset to the organization.

Conclusion
With her extensive experience, strong financial acumen, and proven track record of success, Denise Raggi is a respected leader in the healthcare finance arena. Her dedication to optimizing financial performance and mitigating organizational risks positions her as a strategic partner in Bassett Healthcare Network's continued growth and sustainability.