Professional Summary
Professional Overview
Katherine Knorr is the Executive Director of Finance at USC Arcadia Hospital, a role she has held since 2012. With extensive expertise in financial management and strategic planning, she oversees all financial operations and initiatives for the large academic medical center.
Experience Summary
Current Role
As the Executive Director of Finance at USC Arcadia Hospital, Katherine is responsible for the hospital's financial strategy, budgeting, and compliance. She leads a team of financial analysts and controllers, ensuring accurate reporting and sound fiscal management. Under her leadership, the finance department has implemented cost-saving measures that have improved the hospital's bottom line by over $5 million annually.
Career Progression
Prior to her current role, Katherine served as the Director of Finance at a large regional healthcare network, where she played a pivotal part in streamlining financial operations and improving revenue cycle management. She began her career as a financial analyst at a top consulting firm, gaining valuable experience in financial modeling and strategic advisory services.
Academic Background
Katherine holds a Master of Business Administration (MBA) degree from the University of Southern California, with a specialization in Healthcare Administration. She also earned a Bachelor of Science in Accounting from the University of California, Los Angeles.
Areas of Expertise
- Financial management and strategic planning
- Healthcare finance and revenue cycle optimization
- Budgeting, forecasting, and cost containment
- Financial reporting and compliance
- Cross-functional team leadership and collaboration
Professional Impact
Throughout her career, Katherine has been recognized for her ability to drive financial performance and operational efficiency. She has led the implementation of several successful initiatives, including the implementation of a new enterprise resource planning (ERP) system that improved data analytics and financial decision-making. Additionally, Katherine has served on the board of directors for the local chapter of the Healthcare Financial Management Association, contributing her expertise to the broader industry.
Conclusion
With her extensive background in healthcare finance and her proven track record of driving strategic and operational improvements, Katherine Knorr is a valuable asset to USC Arcadia Hospital. Her commitment to financial excellence and her collaborative leadership style position her as a trusted advisor and respected leader within the organization and the broader healthcare community.