Derek L.
Vice President, Chief Financial Officer - Medicare
Seattle, Washington, United States
Professional Overview
Derek L. is an experienced finance executive with over 15 years of expertise in the healthcare industry. As the Vice President and Chief Financial Officer of Medicare at Molina Healthcare, he oversees the financial operations and strategic initiatives for the company's Medicare business segment. Derek specializes in managed care finance, risk adjustment, and leveraging data-driven insights to drive operational excellence.
Experience Summary
Current Role
Derek currently serves as the Vice President and Chief Financial Officer of Medicare at Molina Healthcare, a leading provider of government-sponsored healthcare programs. In this role, he is responsible for managing the financial strategy, budgeting, and reporting for Molina's Medicare business. Derek works closely with cross-functional teams to identify cost-saving opportunities, optimize financial performance, and ensure compliance with regulatory requirements. Under his leadership, the Medicare division has achieved significant growth and improved profitability.
Career Progression
Prior to his current role, Derek held various finance leadership positions within the healthcare industry. He served as the VP, Markets CFO and VP, Regional CFO at Molina Healthcare, where he was instrumental in driving financial efficiencies and supporting the company's market expansion efforts. Before joining Molina, Derek held roles at Sound Physicians and Centene Corporation, where he specialized in managed care finance, risk adjustment, and financial planning and analysis.
Academic Background
Derek holds a Bachelor of Science degree in Finance from the University of Oregon. He is a certified public accountant (CPA) and maintains a strong commitment to professional development, staying up-to-date with industry trends and best practices.
Areas of Expertise
- Managed care finance
- Risk adjustment and data analytics
- Budgeting and financial planning
- Financial reporting and compliance
- Strategic financial decision-making
- Cross-functional collaboration and leadership
Professional Impact
Throughout his career, Derek has demonstrated a track record of driving operational and financial improvements. At Molina Healthcare, he has played a pivotal role in optimizing the performance of the Medicare business, leading to increased profitability and market share. Derek's data-driven approach and strategic insights have enabled the company to better serve its Medicare beneficiaries while delivering value to shareholders.
Conclusion
With his extensive experience in the healthcare finance sector, Derek L. is a strategic and results-oriented leader. In his current role as VP and CFO of Medicare at Molina Healthcare, he continues to leverage his expertise to enhance financial performance, support business growth, and contribute to the company's mission of providing accessible, high-quality healthcare services.
