Professional Summary
Professional Overview
Tom Schlemmer is an accomplished Chief Financial Officer with over 30 years of experience in the healthcare industry. He is known for his strategic financial leadership, driving operational efficiency, and delivering measurable improvements to organizational performance.
Experience Summary
Current Role
As the Chief Financial Officer at JFK Medical Center since 2018, Tom is responsible for overseeing all financial functions, including budgeting, forecasting, reporting, and compliance. Under his financial stewardship, the organization has achieved significant cost savings and revenue growth, enabling reinvestment into critical infrastructure and patient care initiatives.
Career Progression
Prior to his current role, Tom served as the Chief Financial Officer at St. Mary's Medical Center and Palm Beach Children's Hospital from 2002 to 2018. In this position, he spearheaded the implementation of a robust financial management system, resulting in a 15% reduction in operating expenses and a 12% increase in net income over a five-year period.
Before that, Tom held roles as the Corporate Controller at Memorial Healthcare System and the Regional Controller at Tenet Physician Services. He began his career as an Assistant Controller at Florida Medical Center, where he honed his skills in financial reporting, cash management, and strategic planning.
Academic Background
Tom holds a Bachelor of Science in Accounting from the University of Florida and is a Certified Public Accountant (CPA). He is also a member of the American Institute of CPAs and the Healthcare Financial Management Association.
Areas of Expertise
- Financial management and reporting
- Budgeting, forecasting, and cost optimization
- Revenue cycle management and reimbursement strategies
- Regulatory compliance and risk management
- Mergers, acquisitions, and integration
- Organizational transformation and performance improvement
Professional Impact
Under Tom's leadership, the organizations he has served have consistently outperformed industry benchmarks and achieved significant financial milestones. Notable achievements include:
- Driving a 20% reduction in operating costs at JFK Medical Center over the past three years
- Spearheading the implementation of a new enterprise resource planning (ERP) system that improved financial reporting accuracy by 35% at St. Mary's Medical Center
- Securing $25 million in grant funding to support the expansion of critical care services at Palm Beach Children's Hospital
Conclusion
With his extensive expertise in healthcare financial management, Tom is a strategic leader who consistently delivers measurable results. He is dedicated to optimizing financial performance, driving operational excellence, and supporting the delivery of high-quality patient care.
