Professional Summary
Professional Overview
Michael Alwell is an experienced healthcare finance executive currently serving as the Vice President/CFO of the Physician Enterprise at St. Joseph's Health in Hanover, New Jersey. With a strong background in revenue cycle management and financial compliance, he drives operational efficiency and financial optimization within complex healthcare systems.
Experience Summary
Current Role
In his current role as Vice President/CFO of the Physician Enterprise at St. Joseph's Health, Michael is responsible for overseeing the financial operations and strategic planning for the organization's physician practices and ambulatory care services. He collaborates closely with clinical and administrative leadership to ensure financial sustainability, enhance revenue cycle performance, and support the delivery of high-quality patient care.
Career Progression
Prior to his current position, Michael served as the Vice President of Revenue Cycle at St. Joseph's Health, where he implemented innovative revenue cycle strategies that improved cash flow, reduced denials, and enhanced overall financial performance. Before that, he held the role of Vice President of Revenue Cycle - Physician Services at RWJBarnabas Health, where he led the transformation of the organization's revenue cycle operations for its physician practices.
Earlier in his career, Michael held the position of Executive Vice President of Revenue Cycle at Catholic Health East - Saint Michael's Medical Center, where he spearheaded initiatives to enhance revenue cycle efficiency and compliance. He also gained valuable experience as the Director of Financial Compliance at Atlantic Health, where he played a crucial role in ensuring the organization's financial practices adhered to regulatory standards.
Academic Background
Michael holds a bachelor's degree in Accounting from a reputable university, providing him with a strong foundation in financial management and compliance.
Areas of Expertise
- Revenue cycle management
- Financial planning and analysis
- Healthcare compliance and regulatory oversight
- Operational efficiency optimization
- Strategic leadership and organizational transformation
Professional Impact
Throughout his career, Michael has demonstrated a track record of driving measurable improvements in healthcare organizations' financial performance. His work has resulted in increased cash flow, reduced denials, and improved overall financial sustainability, ultimately contributing to the delivery of better patient care.
Conclusion
With his extensive experience in healthcare finance, Michael Alwell is a valuable asset to St. Joseph's Health. His strategic leadership, deep industry knowledge, and commitment to operational excellence position him to continue making significant contributions to the organization and the wider healthcare community.
