Laura Shockley
Associate CFO, University Health KC
Professional Overview
Laura Shockley is an experienced finance executive with a proven track record of driving strategic financial initiatives and operational excellence in the healthcare industry. As the Associate CFO of University Health KC, she oversees the organization's financial management, reporting, and planning functions, contributing to the hospital's continued growth and profitability.
Experience Summary
Current Role
As the Associate CFO at University Health KC, Laura is responsible for overseeing the organization's financial operations, including budgeting, forecasting, and cost control measures. She collaborates closely with the CFO to develop and implement effective financial strategies, ensuring the hospital maintains a strong financial position and effectively allocates resources. Under her leadership, University Health KC has achieved significant improvements in financial reporting, compliance, and operational efficiency.
Career Progression
Prior to her current role, Laura served as the Controller at University Health KC, where she played a pivotal role in enhancing the organization's accounting processes and internal controls. Before that, she held the position of Director, Corporate Accounting, where she led a team of accounting professionals and implemented standardized reporting systems to improve financial transparency and decision-making. Earlier in her career, Laura gained valuable experience as a Controller at Research Belton Hospital and an Accounting Supervisor at Baptist-Lutheran Medical Center.
Academic Background
Laura holds a Bachelor of Science in Accounting from the University of Missouri, where she graduated cum laude. She is a Certified Public Accountant (CPA) and has completed additional coursework in healthcare financial management, ensuring her expertise aligns with the unique challenges and requirements of the healthcare industry.
Areas of Expertise
- Financial planning and analysis
- Budgeting and forecasting
- Operational efficiency and cost optimization
- Financial reporting and compliance
- Healthcare industry regulations and reimbursement
- Team leadership and process improvement
Professional Impact
During her tenure at University Health KC, Laura has spearheaded several impactful initiatives, including the implementation of a new financial reporting system that enhanced data-driven decision-making and improved financial transparency. She has also played a pivotal role in streamlining the organization's accounts payable processes, resulting in a 20% reduction in processing time and a 15% decrease in administrative costs.
Conclusion
With her extensive experience in healthcare finance, strong leadership capabilities, and commitment to operational excellence, Laura Shockley is poised to continue driving the financial success of University Health KC. Her strategic mindset, technical expertise, and collaborative approach position her as a valuable asset to the organization and a respected leader in the healthcare industry.
