Michael Alwell
Vice President/CFO Physician Enterprise
Professional Overview
Michael Alwell is an accomplished healthcare finance executive with extensive experience in revenue cycle management and physician enterprise operations. As the Vice President/CFO of the Physician Enterprise at St. Joseph's Health, he is responsible for overseeing the financial strategy, performance, and optimization of the organization's physician-related services and initiatives.
Experience Summary
Current Role
In his current role as Vice President/CFO of the Physician Enterprise at St. Joseph's Health, Michael is tasked with driving financial excellence and strategic growth across the organization's physician-focused business units. He is responsible for budgeting, forecasting, and reporting, as well as leading initiatives to enhance revenue cycle operations, improve provider productivity, and maximize reimbursement opportunities. Under his leadership, the Physician Enterprise has achieved significant improvements in key financial metrics and patient satisfaction scores.
Career Progression
Prior to his current position, Michael served as the Vice President of Revenue Cycle at St. Joseph's Health, where he was instrumental in streamlining operations, implementing effective revenue cycle management strategies, and driving operational efficiencies. Before that, he held similar leadership roles at RWJBarnabas Health and Catholic Health East - Saint Michael's Medical Center, demonstrating a track record of success in optimizing revenue cycle processes and enhancing financial performance within complex healthcare systems.
Michael's earlier career includes a tenure as the Director of Financial Compliance at Atlantic Health, where he played a pivotal role in ensuring regulatory compliance and enhancing financial controls across the organization.
Academic Background
Michael holds a bachelor's degree in Accounting from a reputable university, providing him with a solid foundation in financial management and reporting.
Areas of Expertise
- Revenue cycle management
- Physician practice operations
- Financial planning and analysis
- Budgeting and forecasting
- Compliance and regulatory oversight
- Strategic leadership and team management
Professional Impact
Throughout his career, Michael has consistently delivered tangible results, driving operational and financial improvements that have positively impacted the healthcare organizations he has served. His expertise in revenue cycle optimization has enabled his teams to achieve significant reductions in days in accounts receivable, improvements in cash flow, and enhanced provider satisfaction.
Conclusion
With his extensive experience, strong financial acumen, and proven leadership skills, Michael Alwell is well-positioned to continue driving the success of the Physician Enterprise at St. Joseph's Health. His focus on operational excellence, revenue cycle optimization, and strategic growth aligns with the organization's objectives, making him a valuable asset in the ever-evolving healthcare industry.
