Georgianna Umbel
Director of Finance
Professional Overview
Georgianna Umbel is an accomplished finance executive with over 15 years of experience in the healthcare industry. As the Director of Finance at University Hospitals of Cleveland, she oversees all financial operations, strategic planning, and performance optimization for the organization.
Experience Summary
Current Role
As the Director of Finance at University Hospitals of Cleveland, Georgianna is responsible for managing a team of 25 finance professionals and overseeing a budget of over $1 billion. In this role, she has implemented data-driven strategies to improve financial reporting, streamline operations, and drive cost savings initiatives that have resulted in a 12% reduction in administrative expenses over the past three years.
Career Progression
Prior to her current role, Georgianna served as the Director of Finance at UH Ahuja Medical Center, where she played a key role in the successful integration of the hospital into the University Hospitals system. Before that, she held the position of Director of Finance at South Pointe Hospital, where she led the implementation of a new enterprise resource planning (ERP) system and optimized revenue cycle management processes, resulting in a 9% increase in net patient revenue.
Academic Background
Georgianna holds a Master of Business Administration (MBA) degree from Case Western Reserve University, where she graduated with distinction. She also earned a Bachelor of Science in Accounting from the University of Akron.
Areas of Expertise
- Financial planning and analysis
- Budgeting and forecasting
- Revenue cycle management
- Cost optimization
- Process improvement
- Team leadership and development
Professional Impact
Under Georgianna's leadership, University Hospitals of Cleveland has achieved consistent growth in its financial performance, with a 7% increase in operating margin over the past two years. She has also played a key role in the organization's strategic initiative to expand its outpatient services, contributing to a 15% increase in outpatient revenue.
Conclusion
Georgianna Umbel is a strategic and results-driven finance leader with a proven track record of driving operational and financial excellence in the healthcare industry. Her expertise in financial management, process optimization, and team leadership positions her as a valuable asset to University Hospitals of Cleveland as it continues to navigate the evolving healthcare landscape.