Tom Schlemmer, CPA
Chief Financial Officer
Professional Overview
Tom Schlemmer is an accomplished Chief Financial Officer with extensive experience in the healthcare industry. He is renowned for his strategic financial leadership, data-driven decision-making, and ability to drive operational efficiency and profitability. Schlemmer's expertise spans financial planning and analysis, treasury management, risk mitigation, and regulatory compliance.
Experience Summary
Current Role
As the Chief Financial Officer at JFK Medical Center since 2018, Schlemmer is responsible for overseeing all financial operations, including budgeting, forecasting, and financial reporting. Under his leadership, the hospital has achieved significant cost savings through process improvements and enhanced revenue cycle management, contributing to a 12% increase in net operating income over the past three years.
Career Progression
Prior to his current role, Schlemmer served as the Chief Financial Officer at St. Mary's Medical Center and Palm Beach Children's Hospital for 16 years. In this position, he led the implementation of a new enterprise resource planning (ERP) system, which streamlined financial reporting and enhanced data-driven decision-making. Schlemmer also played a critical role in the successful integration of Palm Beach Children's Hospital, resulting in a 20% increase in patient volume and a 15% reduction in operating expenses.
Earlier in his career, Schlemmer held positions as the Corporate Controller at Memorial Healthcare System and the Regional Controller at Tenet Physician Services, where he gained valuable experience in financial management, business analytics, and strategic planning.
Academic Background
Schlemmer holds a Bachelor of Science in Accounting from the University of Florida and is a Certified Public Accountant (CPA). He has also completed executive leadership programs at Harvard Business School and the Wharton School of the University of Pennsylvania.
Areas of Expertise
- Financial planning and analysis
- Treasury management and cash flow optimization
- Healthcare regulatory compliance and risk management
- Mergers, acquisitions, and integration
- Process improvement and operational efficiency
- Data-driven decision-making and business intelligence
Professional Impact
Schlemmer is known for his ability to drive financial performance and operational excellence in healthcare organizations. He has been recognized for his contributions to the industry, having served on the board of directors for the Healthcare Financial Management Association (HFMA) and as a guest lecturer at several prestigious universities.
Conclusion
With his proven track record of financial leadership, strategic vision, and commitment to driving organizational success, Tom Schlemmer is a valuable asset to any healthcare organization. His deep expertise and ability to translate complex financial data into actionable insights make him a trusted partner to executive leadership teams and board members.