William Coad

Director of Finance

Professional Overview
William Coad is an accomplished finance professional with over 14 years of experience in the healthcare industry. As the Director of Finance at CommonSpirit Health, he is responsible for overseeing the organization's financial operations, driving strategic decision-making, and ensuring the delivery of high-quality financial services to support the organization's growth and success.

Experience Summary

Current Role
In his current role as Director of Finance at CommonSpirit Health, William is responsible for leading a team of finance professionals in developing and implementing comprehensive financial strategies. He oversees the preparation of financial reports, monitors budgets and financial performance, and provides strategic recommendations to the executive leadership team. Under William's leadership, CommonSpirit Health has achieved significant improvements in financial efficiency and profitability, contributing to the organization's overall success.

Career Progression
Prior to his current position, William held various finance-related roles within the healthcare industry, including Finance Manager at Providence St. Joseph Health and Clinical Consultant at Legacy Health. In these roles, he demonstrated his expertise in financial analysis, cost control, and process optimization, earning a reputation as a strategic and innovative finance leader. William's diverse background and progressive career growth have enabled him to develop a deep understanding of the healthcare industry's financial complexities and the critical role of finance in supporting operational excellence.

Academic Background
William holds a Bachelor of Science in Accounting from the University of Oregon and a Master of Business Administration from Portland State University. His academic achievements, combined with his extensive practical experience, have equipped him with a comprehensive understanding of financial management principles and their application in the healthcare sector.

Areas of Expertise
William's areas of expertise include financial planning and analysis, budget management, risk management, and strategic decision-making. He is skilled in interpreting financial data, identifying cost-saving opportunities, and developing innovative solutions to complex financial challenges. Additionally, William is proficient in utilizing various financial software and tools to enhance the accuracy and efficiency of financial reporting and analysis.

Professional Impact
Throughout his career, William has made significant contributions to the healthcare industry. At Providence St. Joseph Health, he played a key role in implementing a new financial management system, which resulted in a 20% improvement in financial reporting accuracy and a 15% reduction in administrative costs. As a Clinical Consultant at Legacy Health, William spearheaded a project that streamlined the organization's revenue cycle management processes, leading to a 12% increase in cash flow and a 5% reduction in days in accounts receivable.

Conclusion
With his extensive experience, strong financial expertise, and proven track record of driving organizational success, William Coad is a valuable asset to CommonSpirit Health. As the Director of Finance, he is poised to continue contributing to the organization's financial stability and growth, while leveraging his leadership skills to foster a culture of financial excellence and innovation within the healthcare industry.