Professional Summary
Professional Overview
Margaret Williams is a seasoned finance executive with over 15 years of experience in the healthcare industry. As the Chief Financial Officer (CFO) at Baptist Memorial Hospital, she is responsible for overseeing the hospital's financial operations, strategic planning, and risk management efforts.
Experience Summary
Current Role
As the CFO of Baptist Memorial Hospital, Margaret is a key member of the hospital's senior leadership team, contributing to the overall strategic direction and financial management of the organization. In this role, she is responsible for managing the hospital's $500 million annual budget, ensuring financial compliance, and driving cost optimization initiatives that have resulted in $10 million in annual savings. Margaret has also played a pivotal role in securing $75 million in funding for major capital improvement projects, helping to modernize the hospital's facilities and technology infrastructure.
Career Progression
Prior to her current role, Margaret served as the Vice President of Finance at a regional healthcare network, where she led the integration of financial systems and reporting processes following a merger with a smaller hospital system. Earlier in her career, she held various finance and accounting roles at a large academic medical center, honing her skills in financial analysis, budgeting, and regulatory compliance.
Academic Background
Margaret holds a Bachelor of Business Administration (BBA) degree in Accounting from the University of Memphis and is a Certified Public Accountant (CPA). She has also completed executive leadership programs at the Wharton School of the University of Pennsylvania and the Harvard Business School.
Areas of Expertise
- Financial management and strategic planning
- Cost optimization and revenue enhancement
- Healthcare industry regulations and compliance
- Mergers and acquisitions integration
- Leadership and team development
Professional Impact
Under Margaret's financial stewardship, Baptist Memorial Hospital has maintained a strong financial position, with an A+ credit rating from Standard & Poor's. She has been recognized by her peers for her contributions to the healthcare industry, serving on the board of directors for the Healthcare Financial Management Association (HFMA) and frequently speaking at industry conferences.
Conclusion
With her extensive experience, strategic acumen, and proven track record of financial success, Margaret Williams is a respected leader in the healthcare finance community. She is committed to driving sustainable growth and financial stability for Baptist Memorial Hospital, while also contributing to the broader advancement of the healthcare industry.
