Randy Albert Email and Phone Number
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Randy Albert personal email
As a healthcare finance & analytics executive, I specialize in providing strategic financial leadership to optimize revenue, reduce costs, and improve financial performance, ultimately delivering high-quality, cost-effective patient care. With more than 20 years of experience, I am a change agent, leading the development and execution of data-driven financial strategies and analytics to drive organizational growth.I excel in conveying complex data through simple solutions and actionable plans, modernizing internal controls, policies, and procedures to standardize practices and minimize organizational risk. My collaborative approach involves working closely with other senior leaders to develop operational plans and objectives, while also building and scaling teams, coaching through change, challenges, and roadblocks to strengthen team capabilities and drive continued success.My professional journey includes recognition and engagement within the industry, such as receiving the CEO & Leadership Council Contributions Award in 2023 from Northern Light Health and being honored with the 40 Under 40 Award in 2022 by MaineBiz Magazine. I have also shared my insights and expertise as a speaker and panel member at various industry conferences, including the Oracle Cerner Health Conference and the Strata Virtual Summit.Currently, as the Vice President and Chief Analytics Officer at Optum, part of UnitedHealth Group, I lead a team of 75 members spanning financial, operational, and clinical analytics, as well as data management. In this role, I direct the Northern Light Health (NLH) Operational Excellence Program; oversee budgeting, forecasting, financial plans, and capital management; and serve as a conduit between NLH’s senior leadership team and Optum’s resources.Prior to joining Optum, I held various leadership positions at NLH, where I spearheaded initiatives to improve financial performance, operational efficiency, and strategic partnerships. I have a strong foundation in finance and analytics, with experience in budgeting, forecasting, financial planning, and capital management.In addition to my professional experience, I am committed to giving back to the community and have served in various leadership roles, including Chair of the Financial Analytics Leadership Council at the Healthcare Finance Management Association (HFMA) and Treasurer of the Lucerne-in-Maine Village Corporation.My commitment to excellence extends beyond the workplace, as I actively engage with professional organizations and serve in leadership roles within my community.
Eastern Maine Medical Center
View- Website:
- northernlighthealth.org/Acadia
- Employees:
- 206
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Vice President, FinanceEastern Maine Medical CenterBangor, Me, Us
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Vice President, FinanceEastern Maine Medical Center Jul 2024 - PresentBangor, Me, Us -
Vice President, Chief Analytics OfficerNorthern Light Health Jul 2024 - PresentBrewer, Maine, Us -
Speaking EngagementsVarious 2016 - Present2022 - Oracle Cerner Health Conference - Kansas City, MissouriData Without Walls: Implementing an effective Data Governance program2020 - Strata Virtual Summit - VirtualPanel Discussion: Leveraging Analytics to Achieve Excellence2020 - Infor's "Inforum" Conference - VirtualMaine’s Northern Light Health consolidates data using Infor CloudSuite to respond to COVID-192018 - EPSi Visis Conference - Austin, TexasJourney to a Data Driven Organization: Leveraging EPSi & Tableau to Improve Physician Productivity*Not a complete listing
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Managing PartnerBeaver Island Properties, Llc Dec 2009 - PresentMulti-Unit & Lake Front Rental Properties
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Vice President, Chief Analytics OfficerOptum Mar 2023 - Jul 2024Eden Prairie , Mn, UsI played a pivotal role in establishing a strategic partnership between Northern Light Health and Optum, which led me to transition to Optum to oversee analytics. Acting as a liaison between Northern Light Health’s senior leadership and Optum’s analytic resources, I lead the Analytics Service Delivery, champion the NLH Operational Excellence Program and manage Financial Analytics functions, such as budgeting, forecasting, financial plans, and capital management.At Northern Light Health, I spearheaded initiatives that resulted in significant achievements, including becoming the first healthcare system in New England to achieve the HIMSS Adoption Model for Analytics (AMAM) Stage 6 designation. This accomplishment highlights our success in analytics strategy and competency, a feat achieved by only 49 facilities in the US.I also championed the Operational Excellence Program, which has delivered more than $250 million in benefits to date and has been instrumental in driving positive outcomes and financial improvements. Additionally, I played a key role in integrating performance management, data-driven decision-making, forecasting, and budgeting, contributing to a highly cohesive financial plan at Northern Light Health.My role at NLH extends to actively participating in rating agency and credit bank strategy development, underscoring my commitment to driving strategic and financial success for Northern Light Health and Optum. -
Vp Finance - Operations & Vp AnalyticsNorthern Light Health Jun 2021 - Apr 2023Brewer, Maine, UsIn 2021, I was promoted to further build on my successes, now overseeing financial strategy development across functions and managing the finances of a $150 million+ technology program. I provided crucial expertise in financial analysis, identifying performance improvement opportunities, and played a key role in establishing a strategic partnership with Optum.
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Associate Vice President, Finance & AnalyticsNorthern Light Health Oct 2018 - Jun 2021Brewer, Maine, UsI was promoted to lead a newly formed team of 48, overseeing various finance functions for a health system. Working closely with senior leadership, I shaped finance policy, developed revenue strategies, and ensured efficient financial operations. I played a key role in implementing new technology platforms and optimizing their use. Additionally, I instituted a capital management framework and improved performance management with benchmarking tools. In collaboration with the VP of Finance and CFO, I advised on system finance policy and budgets, developed revenue-enhancing strategies, and ensured efficient financial operations. I led the implementation and optimization of new technology platforms, including serving as a finance lead for a new ERP system. I also developed tools for performance management, benchmarking financial and labor targets, aligning performance metrics with the budget, and providing healthcare provider productivity data.Additionally, I designed and implemented a Finance Business Partner Structure, improving analysis and reporting by standardizing communication with key management contacts. My efforts in implementing cost accounting also improved the understanding of service cost and profitability.Furthermore, I partnered with an outside consultant to improve system-wide operational performance, identifying improvement targets, developing process improvement initiatives, and monitoring results. This initiative led to improved ROI and sustained operating margins.
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System Director, FinanceNorthern Light Health Oct 2016 - Oct 2018Brewer, Maine, UsI quickly rose to a director-level role, leading a team of up to 12 to provide data-driven insights for the organization.A key achievement was spearheading a project to consolidate the financial support structure of 9 hospitals. Despite initial reservations, I transformed individual departments into a cohesive team, minimizing disruptions and providing the organization with a unified approach to financial analytics. This success showcased my ability to lead and manage change effectively, ensuring alignment and efficiency across multiple functions.
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Manager, Financial PlanningNorthern Light Health Jun 2016 - Oct 2016Brewer, Maine, Us
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Manager Of Budget & Decision SupportSt. Joseph Healthcare Jul 2014 - Jun 2016Bangor, Maine, UsI began my healthcare journey with St. Joseph Healthcare as a reimbursement analyst and quickly progressed into a leadership role, where I managed Decision Support reporting systems and developed fiscal policies. I played a crucial role in developing annual budgets and identifying process improvements, showcasing my ability to influence operational decisions with financial insights.One of my key achievements was implementing Allscripts EPSi Decision Support, including essential features like Service Line Analysis and Costing. This initiative significantly enhanced our financial reporting capabilities, enabling more informed decision-making across the organization.Additionally, I actively participated in clinical operations meetings, demonstrating my commitment to bridging the gap between finance and operations. I also created and delivered training programs for financial management tools, empowering our teams to make better-informed decisions.This experience has not only deepened my understanding of healthcare finance but also honed my leadership and analytical skills, enabling me to drive positive change and improvements within the organization and beyond. -
Corporate ControllerPrentiss & Carlisle 2013 - 2014Bangor, Maine, UsIndustry: Forestry -
Finance & Accounting ManagerSewall Sep 2011 - Aug 2013Old Town, Me, UsIndustry: Engineering / Forestry -
Asst. Controller / Financial AccountantOld Town Fuel & Fiber May 2010 - Sep 2011Industry: Manufacturing / Forestry
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Financial AnalystCianbro Corporation 2007 - Apr 2010Pittsfield, Maine, UsIndustry: Construction / EngineeringTreasury | Tax | Joint Ventures | Risk Management -
Financial Services ManagerFirst Horizon Bank 2005 - 2007
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Certified Financial PlannerMetlife 2002 - 2005New York, Ny, Us
Randy Albert Skills
Randy Albert Education Details
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University Of MaineBusiness Administration - Finance -
Husson UniversityHealthcare Management
Frequently Asked Questions about Randy Albert
What company does Randy Albert work for?
Randy Albert works for Eastern Maine Medical Center
What is Randy Albert's role at the current company?
Randy Albert's current role is Vice President, Finance.
What is Randy Albert's email address?
Randy Albert's email address is ra****@****ner.com
What schools did Randy Albert attend?
Randy Albert attended University Of Maine, Husson University.
What are some of Randy Albert's interests?
Randy Albert has interest in Bangor, Randy Albert Bangor, Maine, Randy Albert.
What skills is Randy Albert known for?
Randy Albert has skills like Budgets, Process Improvement, Managerial Finance, Finance, Management, Accounting, Financial Analysis, Strategic Planning, Financial Reporting, Cost Accounting, Project Planning, Analysis.
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