Patrick Nolan, Chief Financial Officer
Professional Overview
Patrick Nolan is an accomplished financial executive with over 15 years of experience in the healthcare industry. As the Chief Financial Officer at Gillette Children's Specialty Healthcare, he is responsible for overseeing the organization's financial operations, strategic planning, and risk management initiatives.
Experience Summary
Current Role
As the Chief Financial Officer at Gillette Children's Specialty Healthcare since 2018, Patrick is instrumental in driving the organization's financial strategy and ensuring its long-term sustainability. He oversees a team of finance professionals and collaborates closely with the executive leadership to analyze financial data, identify growth opportunities, and implement cost-saving measures. Under his financial stewardship, Gillette Children's Specialty Healthcare has consistently maintained a strong financial position, earning a credit rating of "AA-" from Standard & Poor's.
Career Progression
Prior to his current role, Patrick held various finance leadership positions at prominent healthcare organizations, including Vice President of Finance at Aurora Health Care, Finance Director at St. Luke's Hospital Duluth MN, and Finance Manager at Allina Hospitals & Clinics. Throughout his career, he has demonstrated a track record of driving operational efficiency, improving financial performance, and implementing innovative financial strategies to support organizational growth and transformation.
Academic Background
Patrick holds a Master of Business Administration (MBA) from the University of Minnesota Carlson School of Management, where he specialized in finance and healthcare management. He also earned a Bachelor of Science in Accounting from the University of Wisconsin-Eau Claire, graduating cum laude.
Areas of Expertise
- Financial planning and analysis
- Healthcare finance and reimbursement
- Capital budgeting and investment strategies
- Cost control and operational optimization
- Risk management and regulatory compliance
- Business intelligence and data-driven decision-making
- Strategic leadership and change management
Professional Impact
During his tenure at Gillette Children's Specialty Healthcare, Patrick has led the implementation of a robust financial reporting system, which has enabled the organization to make more informed, data-driven decisions. He has also spearheaded the development of a long-term capital investment plan, ensuring the organization's facilities and equipment remain modern and well-maintained. Additionally, Patrick has been actively involved in industry associations, serving on the board of directors for the Healthcare Financial Management Association (HFMA) and contributing to research initiatives focused on improving financial best practices in the healthcare sector.
Conclusion
With his extensive experience, strategic mindset, and commitment to financial excellence, Patrick Nolan is a seasoned finance leader who continues to make a significant impact on the healthcare industry. His proven track record of driving operational and financial success, coupled with his deep industry expertise, position him as a valuable asset to Gillette Children's Specialty Healthcare and the broader healthcare community.
