Jay Whitfield, CPA
Chief Financial Officer
Professional Overview
Jay Whitfield is an accomplished finance executive with over 20 years of experience in the healthcare industry. As the Chief Financial Officer at Baylor University Medical Center, he oversees all financial operations and strategic planning to drive organizational growth and profitability.
Experience Summary
Current Role
As CFO of Baylor University Medical Center since 2008, Jay is responsible for managing a $1.2 billion annual budget and leading a team of 45 finance professionals. He has been instrumental in securing funding for major capital projects, including a $350 million hospital expansion completed in 2015. Under his financial leadership, the organization has achieved consistent year-over-year revenue growth of 8-12%.
Career Progression
Prior to his current role, Jay served as the Vice President of Finance and CFO at Baylor All Saints Medical Center and Baylor Medical Center at Irving, where he was credited with improving operating margins by 4-6% through strategic cost-cutting initiatives and revenue cycle enhancements. He began his career as the Director of Finance and CFO at Harris Methodist Erath County, where he played a key role in the hospital's turnaround and successful acquisition by a larger healthcare system.
Academic Background
Jay is a Certified Public Accountant (CPA) and holds a Master of Business Administration (MBA) from the University of Texas at Arlington. He graduated with a Bachelor of Science in Accounting from Texas Tech University, where he was recognized as the outstanding finance student in his graduating class.
Areas of Expertise
- Financial planning and analysis
- Revenue cycle management
- Capital project financing
- Mergers and acquisitions
- Healthcare industry regulations and compliance
Professional Impact
Throughout his career, Jay has been recognized for his ability to drive operational and financial improvements that positively impact patient care and organizational performance. He is a frequent speaker at healthcare finance conferences and has authored several industry articles on best practices in hospital cost management and strategic financial planning.
Conclusion
With his extensive experience, strong technical expertise, and proven track record of success, Jay Whitfield is a highly respected healthcare finance executive. In his current role as CFO of Baylor University Medical Center, he continues to provide strategic leadership and financial stewardship to support the organization's growth and position as a leading provider of advanced medical services in the Dallas-Fort Worth metroplex.
