DM

Douglas Myers

Douglas Myers, Chief Financial Officer



Professional Overview


Douglas Myers is a seasoned financial executive with over 20 years of experience driving strategic financial leadership and operational excellence across the healthcare industry. As Chief Financial Officer, he leverages his deep expertise in financial planning, risk management, and performance optimization to guide organizations towards sustainable growth and profitability.

Experience Summary



Current Roles


Chief Financial Officer, Riverview Health (Present)
  • Oversees all financial operations, including budgeting, forecasting, and reporting, for this leading regional healthcare system

  • Spearheaded the implementation of data-driven financial strategies, resulting in a 15% improvement in cost efficiency and a 12% increase in operating margins

  • Played a pivotal role in securing $45 million in funding for critical infrastructure and technology upgrades, enhancing patient care and operational capabilities


President & Chief Executive Officer, ABLM Inc. (Present)
  • Provides strategic financial leadership and advisory services to a diverse portfolio of healthcare clients, helping them navigate complex regulatory and market dynamics

  • Developed and executed financial turnaround plans for two underperforming hospitals, restoring profitability and operational stability within 18 months


Chief Financial Officer, Michigan Market, Ascension (Present)
  • Overseen the financial operations of Ascension's Michigan market, comprising 15 hospitals and numerous outpatient facilities

  • Spearheaded the implementation of a centralized financial shared services model, resulting in a 20% reduction in administrative costs


Previous Roles


Chief Financial Officer, Phoenix Children's Hospital (Past)
Chief Financial Officer, Johns Hopkins All Children's Hospital (Past)

Academic Background


Douglas holds a Master of Business Administration (MBA) from the University of Chicago Booth School of Business, where he graduated with Distinction. He also earned a Bachelor of Science in Accounting from the University of South Carolina, graduating summa cum laude.

Areas of Expertise


  • Financial planning and analysis

  • Risk management and regulatory compliance

  • Operational efficiency and cost optimization

  • Mergers, acquisitions, and strategic partnerships

  • Healthcare industry trends and market dynamics


Professional Impact


  • Recognized as a thought leader in the healthcare finance community, frequently invited to speak at industry conferences and events

  • Served on the Board of Directors for the Healthcare Financial Management Association (HFMA), providing strategic guidance and advocating for industry best practices

  • Awarded the HFMA's prestigious "Financial Executive of the Year" award in recognition of his contributions to the field of healthcare finance


Conclusion


With a proven track record of driving financial excellence and operational transformation, Douglas Myers is poised to make a significant impact as a strategic financial leader. His deep industry expertise, coupled with his ability to navigate complex challenges and deliver sustainable results, make him a valuable asset to any healthcare organization seeking to optimize its financial performance and enhance patient care.