Kathy Lavelle, CPA, CMA

Vice President Finance & Chief Financial Officer

Professional Overview
Kathy Lavelle is an accomplished finance executive with over 15 years of experience in the healthcare industry. As the Vice President Finance & Chief Financial Officer at Woodstock Hospital, she oversees all financial operations and strategic planning to ensure the organization's financial stability and growth.

Experience Summary

Current Role
As the Vice President Finance & Chief Financial Officer at Woodstock Hospital since 2016, Kathy is responsible for leading the finance team, managing budgets and forecasting, and providing financial guidance to the executive leadership. Under her leadership, the hospital has achieved significant cost savings through process improvements and strategic cost-cutting initiatives, contributing to the organization's strong financial performance.

Career Progression
Prior to her current role, Kathy held several leadership positions in the healthcare sector, including Director of Health Records, Privacy Officer & Patient Registration at Woodstock Hospital, Project Lead for Physician Documentation Enhancement at London Health Sciences Centre, and Director of Health Information Management at Lakeridge Health. Her diverse experience in healthcare operations and finance has equipped her with a deep understanding of the industry's challenges and opportunities.

Academic Background
Kathy holds a Bachelor's degree in Business Administration from the University of Western Ontario and is a Certified Public Accountant (CPA) and Certified Management Accountant (CMA). She has also completed additional training in healthcare leadership and financial management, further strengthening her expertise in the industry.

Areas of Expertise

• Financial planning and analysis

• Healthcare financial management

• Strategic cost optimization

• Process improvement and operational efficiency

• Risk management and compliance

• Effective leadership and team management

Professional Impact
During her tenure at Woodstock Hospital, Kathy has played a pivotal role in implementing innovative financial strategies that have improved the organization's bottom line. She has spearheaded several initiatives, including the implementation of a new enterprise resource planning (ERP) system, the development of a comprehensive financial reporting framework, and the optimization of revenue cycle management processes. These initiatives have resulted in significant cost savings and enhanced financial visibility, positioning the hospital for long-term sustainability.

Conclusion
Kathy Lavelle is a seasoned finance executive with a proven track record of driving financial excellence in the healthcare sector. Her strategic vision, financial acumen, and collaborative leadership style have been instrumental in guiding Woodstock Hospital through periods of growth and change. Kathy is committed to leveraging her expertise to support the hospital's mission and contribute to the overall wellbeing of the community it serves.