Professional Summary
Professional Overview
Mike Marquardt is an experienced financial executive serving as the Chief Financial Officer for the University Medical Center at UVA Health. With a proven track record in healthcare finance and administration, he brings a unique blend of strategic leadership, financial acumen, and operational expertise to his role.
Experience Summary
Current Role
As the Chief Financial Officer of the University Medical Center, Mike is responsible for overseeing all financial operations, budgeting, and strategic financial planning for the 619-bed academic medical center. He collaborates closely with the executive leadership team to drive financial performance, ensure regulatory compliance, and support the organization's mission of providing exceptional patient care, research, and education. Under his financial stewardship, the University Medical Center has achieved significant improvements in revenue growth, cost management, and operational efficiency.
Career Progression
Prior to his current role, Mike held several key positions within the UVA Health system. As the Chief of Staff to the Executive Vice President for Health Affairs, he provided strategic counsel and operational oversight for the organization's clinical, research, and educational initiatives. Earlier, he served as the Director of Special Projects, where he spearheaded various cross-functional initiatives aimed at enhancing organizational effectiveness and implementing best practices.
Before joining UVA Health, Mike gained valuable experience as a Senior Research Analyst at The Lewin Group, a leading healthcare consulting firm, where he specialized in financial analysis, forecasting, and regulatory compliance for healthcare clients.
Academic Background
Mike holds a Master of Business Administration (MBA) degree from the University of Virginia's Darden School of Business, where he graduated with distinction. He also earned a Bachelor of Science (BS) degree in Finance from the University of Richmond, with a minor in Economics.
Areas of Expertise
- Healthcare finance and accounting
- Strategic financial planning and budgeting
- Financial modeling and forecasting
- Revenue cycle management
- Cost containment and operational efficiency
- Regulatory compliance and risk management
- Collaborative leadership and cross-functional project management
Professional Impact
During his tenure at the University Medical Center, Mike has played a pivotal role in several key initiatives. He led the implementation of a new enterprise resource planning (ERP) system, which streamlined financial operations and improved data-driven decision-making. Additionally, he spearheaded the development of a comprehensive financial strategy that has enabled the organization to navigate the challenges of the COVID-19 pandemic while maintaining financial stability and continuing to deliver exceptional patient care.
Conclusion
With his extensive experience in healthcare finance and administration, Mike Marquardt is well-positioned to drive the continued financial success and growth of the University Medical Center. His strategic leadership, financial acumen, and collaborative approach make him a valuable asset to the UVA Health system as it continues to advance its mission and positively impact the communities it serves.