Lori Walters - Chief Financial Officer, Home Health and Hospice

Professional Overview

Lori Walters is an accomplished finance executive with over 15 years of experience driving strategic financial management and operational excellence in the healthcare and non-profit sectors. As the Chief Financial Officer for the Home Health and Hospice division at CommuniCare Health Services, she is responsible for overseeing all financial planning, analysis, and reporting to support the organization's growth and profitability. Additionally, Lori serves as the Financial Controller for the Cincinnati Metropolitan Housing Authority, where she provides financial leadership and oversight.

Experience Summary

Current Roles

Chief Financial Officer - Home Health and Hospice, CommuniCare Health Services (2023 - Present)

• Provide strategic financial leadership and insight to the executive team to support the division's expansion and operational efficiency

• Oversee all aspects of financial management, including budgeting, forecasting, performance reporting, and analysis

• Partner with clinical and operational leaders to identify cost-saving opportunities and drive process improvements

• Implement financial controls and policies to ensure compliance and mitigate risk

Financial Controller, Cincinnati Metropolitan Housing Authority (2023 - Present)

• Manage the organization's financial operations, including general ledger, accounts payable/receivable, and payroll

• Prepare and analyze monthly financial statements and key performance indicators

• Collaborate with department heads to develop and monitor departmental budgets

• Ensure the authority's financial practices adhere to all applicable laws and regulations

Career Progression

Prior to her current roles, Lori held various finance and accounting positions, including:

• Financial Planning and Analysis Manager at BrightSpring Health Services (2021 - 2023)

• Senior Business Analyst/Sr. Accountant at HINKLE CONTRACTING COMPANY, LLC (2020 - 2021)

• Controller at Challenge Mfg. Company (2019 - 2020)

• Owner/CFO at The Hub Coffee House & Cafe, LLC and Common Grounds Coffee House & Cafe, LLC (2011 - 2017)

• Auditor and Senior Auditor at Stivers and Associates, PSC (2008 - 2012)

Lori's diverse experience has enabled her to develop a comprehensive understanding of financial management, strategic planning, and operational optimization within both the healthcare and non-profit sectors.

Academic Background

Lori holds a Bachelor of Science in Accounting from the University of Cincinnati, where she graduated cum laude. She is also a Certified Public Accountant (CPA) and a member of the American Institute of CPAs (AICPA).

Areas of Expertise

• Financial planning and analysis

• Budgeting and forecasting

• Operational efficiency and cost optimization

• Financial reporting and performance management

• Internal controls and risk mitigation

• Strategic decision-making and business advisory

Professional Impact

Throughout her career, Lori has demonstrated her ability to drive measurable improvements in financial performance and operational efficiency. As the Financial Planning and Analysis Manager at BrightSpring Health Services, she implemented a new budgeting and forecasting process that resulted in a 12% reduction in annual operating expenses. As the Owner and CFO of her own coffee shop ventures, Lori successfully navigated the challenges of small business ownership, leading to profitable and sustainable operations.

Conclusion

Lori Walters is a seasoned finance executive who leverages her comprehensive expertise and strategic mindset to contribute to the success of healthcare and non-profit organizations. In her current roles, she is poised to continue driving financial growth, operational excellence, and sustainable business practices that positively impact the communities she serves.