Michael Cherry, PMP

Project CFO

Professional Overview

Michael Cherry is an accomplished finance executive with over 15 years of experience in the healthcare industry. As the Project CFO at Community Health Systems, he leverages his expertise in financial management, strategic planning, and operational optimization to drive measurable improvements across complex healthcare organizations.

Experience Summary

Current Role

As the Project CFO at Community Health Systems, Michael is responsible for overseeing the financial operations of multiple hospital facilities within the organization. His key achievements include:

• Spearheaded a financial restructuring initiative that resulted in $8.2 million in annual cost savings

• Implemented data-driven decision-making processes that improved revenue cycle performance by 12%

• Developed and executed strategic financial plans that supported the organization's growth and expansion objectives

Career Progression

Prior to his current role, Michael served as the CFO at Tennova Healthcare, where he held leadership positions at both the LaFollette and Lebanon facilities. In these roles, he was instrumental in enhancing financial performance, optimizing operational efficiency, and supporting the organization's strategic initiatives.

Michael's career trajectory is marked by his ability to drive positive change and deliver tangible results. His deep understanding of the healthcare industry, combined with his strong financial acumen and leadership skills, have enabled him to make significant contributions to the organizations he has served.

Academic Background

Michael holds a Master of Business Administration (MBA) from Vanderbilt University, with a specialization in Finance. He is also a certified Project Management Professional (PMP), further demonstrating his commitment to professional development and expertise in project management.

Areas of Expertise

• Financial management and reporting

• Strategic planning and implementation

• Operational optimization and process improvement

• Regulatory compliance and risk management

• Healthcare industry knowledge and insights

• Project management and change leadership

Professional Impact

Throughout his career, Michael has been recognized for his ability to drive tangible improvements and create lasting value for the organizations he serves. His contributions have included:

• Improving revenue cycle efficiency by 15% at Tennova Healthcare - LaFollette

• Streamlining procurement processes, resulting in $3.4 million in annual cost savings at Tennova Healthcare - Lebanon

• Spearheading the implementation of a new financial reporting system that enhanced data-driven decision-making across the organization

Conclusion

With his extensive experience, strategic mindset, and proven track record of success, Michael Cherry is well-positioned to continue making a significant impact as the Project CFO at Community Health Systems. His depth of expertise and commitment to excellence make him a valuable asset in the evolving healthcare landscape.