Keith Lauter, CPA
Regional CFO
Professional Overview
Keith Lauter is an accomplished finance executive with over 15 years of experience in the healthcare industry. As the Regional CFO at Franciscan Alliance, Inc., he oversees the financial operations and strategic decision-making for the organization's regional network. Leveraging his expertise in financial planning, analysis, and process optimization, Keith drives sustainable growth and operational efficiency across the organization.
Experience Summary
Current Role
Keith currently serves as the Regional CFO at Franciscan Alliance, Inc., a leading non-profit healthcare system in the Midwest. In this role, he is responsible for managing the financial operations of the organization's regional network, encompassing multiple hospitals and outpatient facilities. Keith's key contributions include:
- Spearheading the implementation of a centralized financial reporting system, resulting in a 20% improvement in data accuracy and timeliness
- Leading cross-functional teams to optimize procurement processes, generating $3.2 million in annual cost savings
- Developing innovative financial strategies to support the organization's expansion into new service lines, contributing to a 12% increase in revenue over the past 3 years
Career Progression
Prior to his current role, Keith held various finance leadership positions within the healthcare industry. He served as the Director of Finance at Mercy Hospital, where he played a crucial role in streamlining financial operations and improving the organization's financial performance. Earlier in his career, Keith worked as a Senior Financial Analyst at St. Vincent Health, where he contributed to the implementation of a new enterprise resource planning (ERP) system.
Academic Background
Keith holds a Bachelor of Science in Accounting from Purdue University and is a Certified Public Accountant (CPA). He has also completed the Advance Management Program at Harvard Business School, further enhancing his strategic and leadership capabilities.
Areas of Expertise
- Financial planning and analysis
- Cost management and process optimization
- Healthcare industry regulations and compliance
- Enterprise-wide financial systems implementation
- Cross-functional team leadership and collaboration
Professional Impact
Throughout his career, Keith has been recognized for his ability to drive financial performance and operational excellence within the healthcare sector. He has been invited to speak at industry conferences, sharing his insights on best practices in financial management and organizational transformation. Additionally, Keith serves on the board of directors for the Indiana Healthcare Financial Management Association, where he actively contributes to the development of the local finance community.
Conclusion
With his extensive experience, strong technical expertise, and strategic leadership skills, Keith Lauter is a valuable asset to Franciscan Alliance, Inc. and the broader healthcare industry. He is committed to driving sustainable growth, optimizing financial operations, and supporting the organization's mission of delivering high-quality, compassionate care to the communities it serves.