Michael Russell

Director of Finance

Professional Overview
Michael Russell is an accomplished finance leader with extensive experience in the healthcare industry. As the Director of Finance at CHRISTUS Trinity Mother Frances Health System, he is responsible for overseeing the organization's financial operations, strategic planning, and business performance optimization.

Experience Summary

Current Role
In his current position as Director of Finance, Michael is responsible for managing the finance department, ensuring accurate and timely financial reporting, and providing strategic financial guidance to the executive team. He has made significant contributions to the organization's financial stability and growth, implementing cost-saving initiatives and improving financial processes to enhance operational efficiency.

Career Progression
Prior to his current role, Michael held several key finance positions within CHRISTUS Trinity Mother Frances Health System, including Finance Manager and Lead Financial Analyst. In these roles, he demonstrated strong analytical and problem-solving skills, leading cross-functional teams to identify and address financial challenges. His progressive career growth within the organization is a testament to his ability to drive impactful financial strategies and deliver measurable results.

Academic Background
Michael holds a Bachelor of Business Administration in Accounting from the University of Texas at Dallas. His educational background, combined with his extensive professional experience, has equipped him with a comprehensive understanding of financial management principles and their application within the healthcare sector.

Areas of Expertise

• Financial planning and analysis

• Budget development and forecasting

• Revenue cycle management

• Cost optimization and performance improvement

• Financial reporting and compliance

• Strategic decision-making and business advisory

Professional Impact
During his tenure, Michael has played a pivotal role in the organization's financial success. He spearheaded a project to streamline the accounts receivable process, which resulted in a 20% reduction in outstanding receivables and improved cash flow. Additionally, he led the implementation of a new budgeting and forecasting system, enabling the finance team to provide more accurate and timely financial insights to executive leadership.

Conclusion
With his strong financial acumen, strategic mindset, and proven track record of success, Michael Russell is a valuable asset to CHRISTUS Trinity Mother Frances Health System. As the Director of Finance, he continues to drive financial excellence, support organizational growth, and contribute to the overall success of the healthcare network.