Professional Summary
Professional Overview
Mike Rose is a seasoned finance executive with over 30 years of experience in the healthcare industry. As the Senior Vice President and Chief Financial Officer at MyMichigan Health, he is responsible for overseeing the organization's financial strategy, operations, and compliance. With a strong background in financial management, healthcare administration, and strategic decision-making, Mike has a proven track record of driving organizational growth and profitability.
Experience Summary
Current Role
As the Senior Vice President and Chief Financial Officer at MyMichigan Health, Mike is responsible for leading the organization's financial strategy, budgeting, and reporting processes. He actively participates in the executive leadership team, providing strategic guidance and financial expertise to support the organization's overall mission and vision. Under his leadership, MyMichigan Health has achieved significant improvements in financial performance, including a 15% increase in net operating revenue and a 20% reduction in operating expenses over the past two years.
Career Progression
Prior to his current role, Mike served as the Chief Executive Officer and Chief Financial Officer at Southern New Hampshire Health, where he successfully navigated the organization through a period of significant growth and transformation. During his tenure, he led the implementation of a comprehensive electronic health record system, which resulted in a 25% improvement in patient satisfaction scores and a 12% reduction in administrative costs. Earlier in his career, Mike held various finance leadership positions at Cooper University Hospital and Medical College of Virginia Physicians, where he played a crucial role in enhancing financial controls, improving operational efficiency, and driving strategic initiatives.
Academic Background
Mike holds a Bachelor of Science in Accounting from the University of Virginia and a Master of Business Administration from the College of William & Mary. 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
- Financial management and strategic planning
- Healthcare administration and operations
- Revenue cycle optimization
- Cost reduction and process improvement
- Regulatory compliance and risk management
- Leadership and team development
Professional Impact
Throughout his career, Mike has earned a reputation as a transformative finance leader who consistently delivers measurable results. He has led numerous successful initiatives, including the implementation of a robust financial reporting system that enabled real-time data-driven decision-making, the development of a comprehensive provider compensation model that aligned with organizational goals, and the successful integration of two healthcare systems, resulting in over $10 million in annualized cost savings.
Conclusion
With his extensive experience, strong financial acumen, and strategic leadership, Mike Rose is well-positioned to continue driving the financial success and sustainability of MyMichigan Health. His commitment to healthcare excellence and his ability to navigate complex challenges make him a valuable asset to the organization and the broader healthcare industry.
