Kathy Price
Director of Finance
Saint Johns, Michigan, United States
Professional Overview
Kathy Price is an accomplished finance executive with over 28 years of experience in the healthcare industry. As the Director of Finance at Sparrow Clinton Hospital, she oversees all financial operations and strategic decision-making to ensure the organization's long-term sustainability and growth.
Experience Summary
Current Role
As the Director of Finance at Sparrow Clinton Hospital, Kathy is responsible for managing the hospital's financial planning, budgeting, and reporting processes. She leads a team of finance professionals in implementing robust internal controls, optimizing cash flow management, and driving cost-saving initiatives. Under her leadership, the hospital has consistently achieved positive financial performance, with a 15% increase in operating margins over the past three years.
Career Progression
Kathy began her career at Sparrow Clinton Hospital in 1993 as a Financial Analyst, quickly rising through the ranks to become the Director of Finance in 2008. Throughout her tenure, she has played a crucial role in navigating the hospital through significant industry changes, including the implementation of the Affordable Care Act and the transition to value-based care models. Kathy's strategic financial management and her ability to align financial objectives with the hospital's clinical and operational goals have been instrumental in the organization's success.
Academic Background
Kathy holds a Bachelor's degree in Accounting from the University of Michigan and is a Certified Public Accountant (CPA). She is committed to continuous learning and has completed several executive leadership programs, including the Healthcare Financial Management Association's (HFMA) Certified Healthcare Financial Professional (CHFP) certification.
Areas of Expertise
- Financial planning and analysis
- Budgeting and forecasting
- Revenue cycle management
- Cost optimization and control
- Financial reporting and compliance
- Strategic decision-making
- Leadership and team management
Professional Impact
Kathy has been a driving force in Sparrow Clinton Hospital's financial success, consistently delivering strong financial performance and securing the organization's long-term viability. She has also been an active member of the HFMA, serving on various committees and contributing to industry publications. Kathy's expertise and commitment to excellence have earned her the respect of her peers and the trust of the hospital's executive leadership team.
Conclusion
With her extensive experience, proven track record, and deep understanding of the healthcare finance landscape, Kathy Price is a valuable asset to the Sparrow Clinton Hospital team. Her strategic vision, financial acumen, and collaborative leadership style have positioned the organization for continued growth and success in the years to come.