Richard Langholz
Assistant Vice President Finance, Physician Compensation and Operations
Professional Overview
Richard Langholz is a seasoned healthcare finance and operations executive with over a decade of experience driving strategic initiatives and optimizing organizational performance. As the Assistant Vice President of Finance, Physician Compensation and Operations at Heartland Regional Medical Center, he oversees critical financial and operational functions, ensuring the efficient management of physician compensation and practice-level activities.
Experience Summary
Current Role
In his role at Heartland Regional Medical Center, Richard is responsible for managing the financial aspects of physician compensation, including monitoring provider productivity, analyzing compensation models, and implementing best practices to align incentives with organizational goals. Additionally, he oversees the operations of the medical group, focusing on streamlining workflows, improving patient experience, and enhancing the overall efficiency of clinical practices.
Career Progression
Prior to his current position, Richard held several prominent roles within the healthcare industry, including serving as the Director of Clinic Operations at Hannibal Regional Medical Group, a Consultant at Provider and Practice Management Consultant, LLC, and a Clinic Manager at Ingersoll Family Physicians. His diverse experience has equipped him with a deep understanding of the operational and financial challenges faced by healthcare organizations, enabling him to develop innovative solutions that drive measurable improvements.
Academic Background
Richard holds a Bachelor's degree in Business Administration from the University of Iowa Carver College of Medicine, where he also worked as a Program Associate, gaining valuable insights into academic medical center operations.
Areas of Expertise
- Healthcare finance and physician compensation management
- Operational optimization and process improvement
- Practice management and clinical operations
- Strategic planning and execution
- Data analysis and financial modeling
Professional Impact
During his tenure at Heartland Regional Medical Center, Richard has played a pivotal role in enhancing the organization's financial performance and physician satisfaction. He successfully implemented a new compensation model that aligns with the organization's value-based care strategy, resulting in a 12% increase in provider productivity and a 15% reduction in overall compensation costs. Additionally, he spearheaded the implementation of a practice management software solution, which improved patient access, reduced administrative overhead, and enhanced the overall patient experience.
Conclusion
With his extensive expertise in healthcare finance, operations, and strategic decision-making, Richard Langholz is poised to continue driving positive change within the industry. His commitment to optimizing organizational performance and aligning financial and operational initiatives with broader strategic objectives makes him a valuable asset to any healthcare organization.
