Michael Quigan
Finance Manager, Tufts Medical Center
Professional Overview
Michael Quigan is an experienced Finance Manager with a proven track record of driving financial strategy and operational excellence in the healthcare industry. With a deep understanding of hospital finance and budgeting, he leverages his expertise to optimize financial performance and support the delivery of high-quality patient care.
Experience Summary
Current Role
As the Finance Manager at Tufts Medical Center, Michael is responsible for overseeing the center's financial operations, including budgeting, forecasting, and reporting. He collaborates closely with cross-functional teams to identify cost-saving opportunities, implement efficient financial processes, and ensure the organization's fiscal health. Under his leadership, Tufts Medical Center has achieved significant cost savings and improved its overall financial performance.
Career Progression
Prior to his current role, Michael served as the Division Administrator at Tufts Medical Center, where he spearheaded the implementation of a new financial management system that streamlined budgeting and reporting workflows. He also held the position of Business Operations Manager, during which he successfully optimized the center's procurement processes, resulting in a 15% reduction in supply chain costs.
Earlier in his career, Michael gained valuable experience in the public sector, working as a Budget Analyst for the New York State Assembly and a Legislative Administrative Assistant for the New York State Senate. These roles provided him with a strong foundation in government finance and policy, which he has leveraged to enhance his understanding of the healthcare industry's regulatory environment.
Academic Background
Michael holds a Bachelor's degree in Finance from the University of Massachusetts and a Master's degree in Healthcare Administration from Boston University. His academic achievements and specialized training have equipped him with the analytical, strategic, and leadership skills necessary to excel in the healthcare finance domain.
Areas of Expertise
- Healthcare finance and budgeting
- Financial analysis and reporting
- Cost management and optimization
- Process improvement and operational efficiency
- Cross-functional collaboration and stakeholder management
Professional Impact
During his tenure at Tufts Medical Center, Michael has been instrumental in securing a $2.5 million grant from the Centers for Medicare & Medicaid Services (CMS) to implement a new patient-centered care initiative. This project has resulted in a 10% improvement in patient satisfaction and a 5% reduction in readmission rates.
Conclusion
With his comprehensive expertise in healthcare finance, strong leadership abilities, and a track record of driving measurable improvements, Michael Quigan is poised to continue making a significant impact on the financial performance and operational efficiency of Tufts Medical Center. His dedication to optimizing financial resources and aligning them with the organization's strategic goals makes him a valuable asset in the ever-evolving healthcare landscape.
