Mike Brown
Chief Financial Officer
Professional Overview
Mike Brown is a seasoned financial executive with over 15 years of experience driving strategic financial leadership and operational excellence in the healthcare industry. As the Chief Financial Officer at Vail Health, he leverages his deep expertise in hospital accounting, financial reporting, and performance management to optimize financial performance and ensure organizational sustainability.
Experience Summary
Current Role
As the Chief Financial Officer at Vail Health, Mike is responsible for overseeing all financial operations, including budgeting, forecasting, and regulatory compliance. He collaborates closely with the executive team to develop and implement financial strategies that support the organization's long-term growth and patient-centric mission. Under Mike's leadership, Vail Health has achieved significant improvements in financial reporting, cost management, and revenue cycle optimization, contributing to the organization's strong financial position.
Career Progression
Prior to his current role, Mike held several senior finance positions within the healthcare sector. As the Sr. Director of Hospital Accounting at SCL Health, he led a team of 25 finance professionals and implemented data-driven processes that enhanced financial visibility and informed strategic decision-making. As the Director of Finance and Controller at Mercy Health, he played a pivotal role in integrating financial systems and streamlining reporting capabilities during a period of organizational growth. Earlier in his career, Mike served as a Controller at Ascension Health Ministry Service Center and a Sr. Manager at CHAN Healthcare, where he honed his expertise in healthcare accounting, auditing, and regulatory compliance.
Academic Background
Mike holds a Master of Business Administration (MBA) degree from the University of Denver and a Bachelor of Science (BS) in Accounting from the University of Colorado. He is a Certified Public Accountant (CPA) and a member of the American Institute of CPAs (AICPA) and the Healthcare Financial Management Association (HFMA).
Areas of Expertise
- Healthcare finance and accounting
- Financial reporting and analysis
- Budgeting, forecasting, and cost management
- Revenue cycle optimization
- Financial systems implementation and integration
- Strategic financial planning and decision-making
- Regulatory compliance and risk management
Professional Impact
During his tenure at Vail Health, Mike has been instrumental in driving the organization's financial transformation. He led the implementation of a new enterprise resource planning (ERP) system, which resulted in a 25% reduction in financial reporting turnaround time and a 15% improvement in revenue cycle performance. Additionally, Mike's data-driven approach to cost management has enabled Vail Health to achieve $3.2 million in annual savings, allowing the organization to reinvest in critical patient care initiatives.
Conclusion
With his extensive experience, proven track record, and strategic financial acumen, Mike Brown is a highly respected and influential leader in the healthcare industry. As the Chief Financial Officer at Vail Health, he continues to make a substantial impact by aligning financial strategies with the organization's mission and goals, ultimately contributing to its long-term success and the delivery of high-quality patient care.