Jonathan Tingstad
Senior Vice President, Chief Financial Officer
Professional Overview
Jonathan Tingstad is a highly accomplished finance executive with over 30 years of experience in the healthcare industry. As the Senior Vice President and Chief Financial Officer at Shirley Ryan AbilityLab, he oversees all financial operations and strategic planning for the leading rehabilitation research hospital. With a proven track record of driving financial excellence and operational optimization, Tingstad is a respected leader known for his ability to navigate complex challenges and deliver sustainable business growth.
Experience Summary
Current Role
As the Senior Vice President and Chief Financial Officer at Shirley Ryan AbilityLab, Tingstad is responsible for all financial management and reporting, overseeing a team of 50 finance professionals. In this role, he has implemented robust cost-control measures that have yielded $8 million in annual savings, while also spearheading the development of a comprehensive five-year financial strategy that has positioned the organization for long-term success. Tingstad's strategic vision and financial acumen have been instrumental in securing significant funding for critical infrastructure upgrades and research initiatives, further solidifying Shirley Ryan AbilityLab's position as a global leader in rehabilitation medicine.
Career Progression
Prior to joining Shirley Ryan AbilityLab, Tingstad served as the Vice President and Chief Financial Officer at Seattle Cancer Care Alliance for over 17 years. In this role, he played a pivotal part in the organization's rapid expansion, overseeing the successful integration of multiple healthcare facilities and establishing robust financial controls that resulted in a 20% improvement in operational efficiency. Before that, Tingstad held the position of Chief Financial Officer at Medalia Health Care, where he spearheaded the implementation of a new enterprise resource planning (ERP) system that enhanced financial reporting and streamlined business processes.
Academic Background
Tingstad holds a Master of Business Administration degree from the University of Washington, with a concentration in Finance. He also earned a Bachelor of Science in Accounting from the University of Minnesota, graduating summa cum laude.
Areas of Expertise
- Financial planning and analysis
- Cost optimization and operational efficiency
- Strategic decision-making and organizational transformation
- Healthcare industry regulatory compliance
- Mergers, acquisitions, and integration management
- Enterprise resource planning (ERP) system implementation
Professional Impact
Throughout his career, Tingstad has consistently demonstrated his ability to drive significant, measurable improvements in financial performance and operational effectiveness. His leadership and innovative approaches have been instrumental in the success of the organizations he has served, and he is widely recognized as a subject matter expert in the healthcare finance domain.
Conclusion
With his exceptional financial acumen, strategic vision, and proven track record of achievement, Jonathan Tingstad is a valuable asset to Shirley Ryan AbilityLab. As the organization continues to expand its reach and enhance its position as a global leader in rehabilitation medicine, Tingstad's expertise and strategic guidance will be invaluable in ensuring the continued financial stability and growth of the institution.