Professional Overview
Kevin Riley is a seasoned Chief Financial Officer with extensive experience in the healthcare industry. As a strategic financial leader, he specializes in optimizing organizational performance, driving operational efficiencies, and implementing data-driven decision-making strategies.
Experience Summary
Current Role
Kevin currently serves as the Chief Financial Officer at Firelands Health, where he is responsible for overseeing all financial operations, including budgeting, forecasting, treasury management, and financial reporting. He plays a critical role in aligning the organization's financial strategy with its overall business objectives, ensuring the efficient allocation of resources and the achievement of growth and profitability goals.
Career Progression
Prior to his current role, Kevin held various leadership positions in the healthcare sector, including serving as the Principal at Health Management Associates, Chief Financial Officer at St. Luke's Hospital, Wellcare Physicians Group and Care Enterprise, and Interim Director at Caresource and Premier, Inc. He also gained valuable experience as the Vice President/Corporate Director of Finance at Mercy Health (formerly Catholic Health Partners) and in advisory roles at PwC and KPMG.
Throughout his career, Kevin has demonstrated a track record of success in driving financial transformation, improving operational efficiency, and enhancing the overall financial health of the organizations he has served. His diverse background in healthcare finance, combined with his strong analytical skills and strategic vision, has enabled him to make significant contributions to the industry.
Academic Background
Kevin holds a bachelor's degree in Accounting from a leading university, where he graduated with distinction. He is a Certified Public Accountant (CPA) and maintains active memberships in several professional associations, including the American Institute of CPAs (AICPA) and the Healthcare Financial Management Association (HFMA).
Areas of Expertise
- Financial planning and analysis
- Revenue cycle management
- Cost optimization and control
- Risk management and compliance
- Mergers, acquisitions, and integrations
- Strategic decision-making and business partnering
- Healthcare industry regulations and trends
Professional Impact
During his tenure at previous organizations, Kevin played a pivotal role in driving financial transformation and operational improvements. Notable achievements include:
- Spearheaded the implementation of a new enterprise resource planning (ERP) system, resulting in a 20% reduction in administrative costs and improved financial reporting capabilities.
- Developed and executed a comprehensive revenue cycle management strategy that led to a 15% increase in net patient revenue and a 25% reduction in days in accounts receivable.
- Provided strategic leadership during a major hospital acquisition, ensuring a seamless integration and the achievement of targeted synergies.
Conclusion
With his deep expertise in healthcare finance, strategic acumen, and proven track record of driving organizational excellence, Kevin Riley is well-positioned to continue making a meaningful impact as the Chief Financial Officer at Firelands Health. His commitment to leveraging data-driven insights and fostering collaborative partnerships with cross-functional teams makes him a valuable asset in the ever-evolving healthcare landscape.
