Paul Hymel
Seasoned Healthcare Finance Executive with Proven Track Record
Professional Overview
Paul Hymel is a seasoned financial executive with over 15 years of experience in the healthcare industry. As the Chief Financial Officer (CFO) of Southwest Healthcare System and Palmdale Regional at UHS, he leverages his expertise in financial planning, strategic decision-making, and operational optimization to drive organizational success.
Experience Summary
Current Roles
CFO, Southwest Healthcare System at UHS (2019-Present)
- Oversees all financial operations, including budgeting, forecasting, and reporting for the multi-facility healthcare system
- Spearheads strategic initiatives to improve financial performance, operational efficiency, and patient experience
- Collaborates with executive leadership to develop and implement financial strategies that support the organization's long-term growth and sustainability
CFO, Palmdale Regional at UHS (2018-Present)
- Directs the financial management and accounting functions for the regional medical center
- Implements cost-saving measures and revenue-generating initiatives to enhance profitability
- Plays a key role in the integration of newly acquired facilities into the UHS network
Career Progression
Prior to his current roles, Paul served as the CFO at Tenet Healthcare from 2015 to 2018, where he led the financial turnaround of several underperforming hospitals and drove operational improvements that resulted in significant cost savings and revenue growth.
Academic Background
Paul holds a Master of Business Administration (MBA) degree from the University of Southern California, with a concentration in Healthcare Management. He also earned a Bachelor of Science (BS) in Accounting from the University of Arizona, where he graduated cum laude.
Areas of Expertise
- Healthcare financial management and strategic planning
- Hospital operations and performance optimization
- Financial reporting, budgeting, and forecasting
- Revenue cycle management and cost containment
- Mergers, acquisitions, and integration
Professional Impact
During his tenure at Tenet Healthcare, Paul spearheaded a comprehensive cost-reduction initiative that generated over $20 million in annual savings. At Palmdale Regional, he led the successful integration of two newly acquired facilities, resulting in a 15% increase in patient volume and a 12% improvement in operating margins.
Conclusion
With his extensive experience in the healthcare industry, strategic mindset, and proven track record of driving financial and operational excellence, Paul Hymel is well-positioned to continue making a significant impact as the CFO of Southwest Healthcare System and Palmdale Regional at UHS.