Shannon Hilaire
System Director of Finance | Wallingford, Connecticut, United States
Professional Overview
Shannon Hilaire is an accomplished healthcare finance executive with over 15 years of experience driving strategic financial management and operational excellence. As the System Director of Finance at Middlesex Hospital, she oversees the comprehensive financial operations of the organization, ensuring fiscal responsibility and organizational sustainability.
Experience Summary
Current Role
As the System Director of Finance at Middlesex Hospital, Shannon is responsible for leading the organization's financial strategy, budgeting, and reporting processes. She directs a team of finance professionals in managing the hospital's $350 million annual budget and oversees the implementation of innovative financial systems and processes to enhance efficiency and transparency. Under Shannon's leadership, Middlesex Hospital has consistently maintained a strong financial position, enabling the organization to invest in advanced medical technologies and infrastructure improvements to better serve the local community.
Career Progression
Prior to her current role, Shannon served as the Director of Finance, Budget & Reimbursement at Middlesex Hospital, where she played a pivotal role in optimizing the hospital's revenue cycle management and reimbursement strategies. She was instrumental in securing a $2.5 million grant to implement a new electronic health record (EHR) system, which streamlined financial reporting and enhanced data-driven decision-making. Earlier in her career, Shannon held the position of Director of Budget & Reimbursement, where she spearheaded the implementation of a comprehensive budgeting and forecasting framework that improved financial planning and resource allocation.
Academic Background
Shannon holds a Bachelor of Science in Accounting from the University of Connecticut, where she graduated magna cum laude. She is a Certified Public Accountant (CPA) and a member of the Healthcare Financial Management Association (HFMA), having served as the President of the Connecticut HFMA chapter from 2014 to 2015.
Areas of Expertise
- Healthcare finance and accounting
- Strategic financial planning and budgeting
- Revenue cycle management and reimbursement optimization
- Financial systems implementation and data analytics
- Compliance and regulatory oversight
- Operational efficiency and cost management
- Leadership and team development
Professional Impact
Under Shannon's guidance, Middlesex Hospital has consistently maintained a strong financial position, enabling the organization to invest in cutting-edge medical technologies and infrastructure improvements. She has played a pivotal role in securing grant funding to support the implementation of a new EHR system, which has streamlined financial reporting and enhanced data-driven decision-making. Shannon's industry expertise and leadership have earned her recognition as a respected finance professional within the healthcare community, as evidenced by her tenure as the President of the Connecticut HFMA chapter.
Conclusion
Shannon Hilaire is a seasoned finance executive with a proven track record of driving strategic financial management and operational excellence in the healthcare industry. Her extensive experience, technical expertise, and strong leadership skills position her as a valuable asset to Middlesex Hospital, helping the organization navigate the complex financial landscape and achieve its long-term goals.
