Troy Hemphill
Director of Finance
Professional Overview
Troy Hemphill is an experienced finance professional serving as the Director of Finance at Prospect Heights Care Center. With a strong background in financial management, strategic planning, and operational optimization, he leverages his expertise to drive financial performance and ensure the long-term sustainability of the healthcare organization.
Experience Summary
Current Role
As the Director of Finance at Prospect Heights Care Center, Troy is responsible for overseeing all financial aspects of the organization. He leads a team of financial analysts and controllers in managing budgeting, forecasting, cash flow optimization, and financial reporting. Under his guidance, Prospect Heights has achieved significant cost savings and improved financial efficiency, contributing to the organization's overall profitability and growth.
Career Progression
Prior to his current role, Troy held various finance and accounting positions, including Accounting Manager at St. Luke's University Health Network and Senior Financial Analyst at Atlantic Health System. With over 12 years of experience in the healthcare industry, he has developed a deep understanding of the financial challenges and opportunities facing healthcare providers. Throughout his career, Troy has consistently demonstrated his ability to identify and implement strategies that enhance financial performance and drive organizational success.
Academic Background
Troy holds a Bachelor of Science degree in Accounting from Rutgers University, where he graduated cum laude. He is also a Certified Public Accountant (CPA), further strengthening his technical expertise and financial acumen.
Areas of Expertise
- Financial management and reporting
- Budget planning and forecasting
- Cash flow optimization
- Financial analysis and performance improvement
- Strategic financial planning
- Regulatory compliance and risk management
- Healthcare industry knowledge
Professional Impact
During his tenure at Prospect Heights Care Center, Troy has played a pivotal role in the organization's financial transformation. He spearheaded the implementation of a new financial management system, leading to improved data accuracy, streamlined processes, and enhanced decision-making capabilities. Additionally, Troy has been instrumental in securing additional funding sources and negotiating favorable contracts with payers, contributing to Prospect Heights' strong financial position.
Conclusion
With his comprehensive financial expertise, strategic mindset, and commitment to excellence, Troy Hemphill continues to drive positive change and ensure the financial well-being of Prospect Heights Care Center. He is poised to build on his success and further contribute to the organization's long-term growth and sustainability within the evolving healthcare landscape.