Tom Kugeman

Professional Summary

Professional Overview
Tom Kugeman is a seasoned finance and accounting professional with over 30 years of experience in the healthcare industry. As the Manager of Budget & Financial Planning at Cooley Dickinson Hospital, he plays a pivotal role in driving financial strategy, budgeting, and forecasting to support the organization's growth and operational efficiency.

Experience Summary

Current Role
As the Manager of Budget & Financial Planning at Cooley Dickinson Hospital, Tom is responsible for overseeing the hospital's budgeting process, financial planning, and performance analysis. He works closely with cross-functional teams to develop and monitor the hospital's annual budget, ensuring alignment with strategic objectives and identifying opportunities for cost savings and revenue optimization. Tom's analytical expertise and collaborative approach have been instrumental in optimizing the hospital's financial performance and enhancing its overall financial health.

Career Progression
Prior to his current role, Tom held various finance and accounting positions within the Hartford HealthCare system, including Senior Financial Analyst, Business Analyst, and Financial Analyst. In these roles, he demonstrated a strong aptitude for data analysis, financial reporting, and strategic planning, contributing to the organization's financial stability and growth. Tom's diverse experience across different healthcare settings has equipped him with a comprehensive understanding of the industry's financial challenges and best practices.

Academic Background
Tom holds a Bachelor of Science degree in Accounting from the University of Connecticut, where he graduated with honors. He is also a Certified Public Accountant (CPA), further solidifying his expertise in financial management and compliance.

Areas of Expertise

• Healthcare financial management

• Budgeting and financial planning

• Financial analysis and reporting

• Revenue cycle management

• Cost control and optimization

• Strategic decision-making

• Cross-functional collaboration

Professional Impact
During his tenure at Cooley Dickinson Hospital, Tom has spearheaded several initiatives that have had a significant impact on the organization's financial performance. Notable achievements include:

• Implemented a new budgeting and forecasting system, leading to a 15% reduction in budget preparation time and improved accuracy in financial projections.

• Developed a comprehensive financial dashboard that provides real-time visibility into key performance indicators, enabling more informed decision-making.

• Collaborated with the revenue cycle team to identify and address billing inefficiencies, resulting in a 10% increase in net revenue collection.

Conclusion
With his extensive experience, strong analytical skills, and strategic mindset, Tom Kugeman is a valuable asset to the Cooley Dickinson Hospital team. As he continues to drive financial optimization and strategic planning, he remains committed to enhancing the hospital's financial stability and supporting its mission to provide high-quality healthcare services to the community.