TS

Terri Seago

Terri Seago, CFO



Professional Overview


Terri Seago is a seasoned financial executive with over 15 years of experience driving strategic financial management and business transformation initiatives within the healthcare industry. As the Chief Financial Officer (CFO) at Baptist Memorial Hospital, she leverages her deep expertise in financial planning, risk management, and operational optimization to ensure the organization's long-term financial stability and growth.

Experience Summary



Current Role


As the CFO at Baptist Memorial Hospital, Terri is responsible for overseeing all aspects of the organization's financial operations, including budgeting, cash flow management, financial reporting, and regulatory compliance. Under her leadership, the finance team has implemented advanced data analytics and forecasting tools to enhance financial decision-making, resulting in a 20% reduction in operating expenses over the past three years. Terri's strategic guidance has been instrumental in securing funding for major capital projects, enabling the hospital to expand its service offerings and improve patient care.

Career Progression


Prior to her role as CFO, Terri held progressive financial management positions within the healthcare industry. She served as the Director of Finance at Mercy Health System, where she spearheaded the implementation of a centralized financial shared services model, driving a 15% improvement in operational efficiency. Earlier in her career, Terri worked as a Senior Financial Analyst at Regional One Health, where she played a pivotal role in optimizing the organization's revenue cycle and enhancing its financial reporting capabilities.

Academic Background


Terri holds a Master of Business Administration (MBA) from the University of Memphis, where she graduated with distinction. She also earned a Bachelor of Science (BS) in Accounting from the University of Tennessee, Knoxville, and is a Certified Public Accountant (CPA) in the state of Tennessee.

Areas of Expertise


  • Financial planning and analysis

  • Cash flow management and forecasting

  • Financial reporting and regulatory compliance

  • Healthcare industry best practices

  • Strategic decision-making and business transformation

  • Organizational leadership and team development


Professional Impact


Under Terri's financial leadership, Baptist Memorial Hospital has achieved significant milestones, including a 12% increase in net operating revenue and a 25% improvement in the organization's bond rating. Terri's contributions have been recognized by her peers, and she has been invited to speak at several industry conferences, sharing her insights on leveraging data analytics to drive financial optimization in the healthcare sector.

Conclusion


Terri Seago is a highly accomplished financial executive with a proven track record of driving strategic and operational excellence within the healthcare industry. Her strong technical expertise, coupled with her visionary leadership and collaborative approach, make her a valuable asset to Baptist Memorial Hospital as it continues to navigate the evolving healthcare landscape.