Professional Summary
Professional Overview
Tommy Patey is an experienced finance executive with a proven track record of driving strategic financial initiatives and optimizing business operations. As the Group Chief Financial Officer at Summit BHC, he leverages his extensive expertise in the healthcare industry to provide expert financial leadership and ensure the company's continued growth and profitability.
Experience Summary
Current Role
As the Group CFO at Summit BHC, a leading provider of behavioral health treatment services, Tommy is responsible for overseeing the organization's financial strategy, planning, and reporting. He plays a crucial role in identifying and executing cost-saving measures, improving financial processes, and driving operational efficiencies across the company's network of facilities. Under his leadership, Summit BHC has achieved significant improvements in financial performance, including a 12% increase in EBITDA over the past two years.
Career Progression
Prior to his current role, Tommy served as the Division CFO at Summit BHC, where he was instrumental in integrating the finance functions of several acquired entities and streamlining financial reporting processes. Before joining Summit BHC, he held various senior finance positions, including Director of Finance at The Family Treatment Network, VP of Reimbursement/Corporate Controller at Sequel Youth and Family Services, and Chief Financial Officer at PSI Cypress Creek Hospital. Throughout his career, Tommy has consistently demonstrated his ability to optimize financial operations, improve profitability, and support the strategic objectives of the organizations he has served.
Academic Background
Tommy holds a Bachelor of Science in Accounting from the University of Tennessee and is a Certified Public Accountant (CPA). He has also completed executive leadership programs at the Harvard Business School, further enhancing his strategic and decision-making capabilities.
Areas of Expertise
- Financial planning and analysis
- Cost management and process optimization
- Mergers and acquisitions integration
- Revenue cycle management
- Regulatory compliance and reporting
- Strategic financial decision-making
- Operational efficiency and productivity improvements
Professional Impact
During his tenure at Summit BHC, Tommy has played a pivotal role in the company's growth and financial performance. He has successfully integrated the finance functions of several acquired entities, streamlined financial reporting processes, and implemented cost-saving measures that have contributed to a 12% increase in EBITDA over the past two years. Additionally, his expertise in revenue cycle management has enabled the organization to maximize reimbursement and improve cash flow.
Conclusion
With his extensive experience in the healthcare industry and proven track record of driving financial excellence, Tommy Patey is well-positioned to continue leading Summit BHC's financial strategy and supporting the organization's long-term growth and success.
