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Douglas Thompson

Douglas Thompson


Chief Financial Officer



Professional Overview
Douglas Thompson is a seasoned finance executive with over 15 years of experience in the healthcare industry. As the Chief Financial Officer at MGA Homecare, he is responsible for overseeing all financial operations, including financial planning, analysis, reporting, and strategic decision-making. With a strong background in the managed care and behavioral health sectors, Douglas brings a unique blend of technical expertise and strategic insights to drive operational excellence and financial growth.

Experience Summary

Current Role
As the Chief Financial Officer at MGA Homecare, Douglas is responsible for leading the company's financial strategy and operations. He oversees the development and implementation of financial plans, budgets, and forecasts, ensuring the organization's financial health and sustainability. Under his leadership, MGA Homecare has streamlined its financial processes, improved financial reporting, and implemented data-driven decision-making to drive operational efficiencies and enhance profitability.

Career Progression
Prior to joining MGA Homecare, Douglas held various senior finance roles in the healthcare industry, including Chief Financial Officer positions at Lucent Health, Corizon Health, Beacon Health Options, and ValueOptions, Inc. Throughout his career, he has demonstrated a strong ability to navigate complex financial and operational challenges, driving organizational transformation and delivering measurable results. Douglas' extensive experience in the managed care and behavioral health sectors has equipped him with a deep understanding of the industry's unique dynamics and stakeholder needs.

Academic Background
Douglas holds a Master of Business Administration (MBA) from Vanderbilt University's Owen Graduate School of Management, where he specialized in Finance and Accounting. He also earned a Bachelor of Science (B.S.) in Accounting from the University of Tennessee, Knoxville.

Areas of Expertise
  • Financial planning and analysis

  • Budgeting and forecasting

  • Financial reporting and compliance

  • Treasury management and cash flow optimization

  • Mergers, acquisitions, and integrations

  • Healthcare industry regulations and reimbursement models

  • Data-driven decision-making and performance management


Professional Impact
During his tenure as Chief Financial Officer at Lucent Health, Douglas played a pivotal role in the company's successful integration of a major acquisition, leading to a 25% increase in revenue and a 15% improvement in operating margins. At Corizon Health, he implemented a new financial reporting system that enhanced visibility and enabled more informed decision-making, contributing to a 12% reduction in administrative costs.

Conclusion
With his extensive finance expertise, strategic mindset, and deep understanding of the healthcare industry, Douglas Thompson is a valuable asset to MGA Homecare. In his role as Chief Financial Officer, he is committed to driving financial excellence, operational efficiency, and sustainable growth, positioning the organization for long-term success.