Laura Thomas Email and Phone Number
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I believe that leadership and teamwork is vital to the success of an organization's financial results. My style is transparent, driven, flexible, and supportive. My teams create tremendous improvements in processes which in turn create efficiencies that result in positive financial and volume growths.
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Chief Financial OfficerMemorial Medical Center Las Cruces Jan 2023 - PresentLas Cruces, New Mexico, Us
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CeoControlled Consulting, Llc Apr 2022 - Present
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Vp Of Finance, CfoBoone Health Aug 2021 - Mar 2022Columbia, Missouri, UsA $350 million net revenue county hospital and clinic network, (398 beds, ADC 180)Corporate level leadership for Financial Management, Revenue Management, Supply Chain Management, EVS & Linen, Planning, Design & Construction, Security, Switchboard, Social Services, and End-to-End Revenue Cycle Management.• Build support services/corporate infrastructure for newly independent organization• Communicate and report regularly to Finance Committee• Responsible for financial monthly operating reporting and resultsHighlight of Accomplishments:• Oversight for team that completed the transition plan from over 100 work plan items within 6 months• Improved standardized reporting, committees, and P&P for areas of responsibility• Moved from pay period end (PPE) to daily productivity reporting• Successful improvements for Patient Access communications, metrics, and AI efficiency• Developed plan for Supply Chain transformation in newly created shared services structure• Lead the team to create accurate financial statements and reporting tools in Meditech -
Region CfoBroward Health Aug 2020 - Jul 2021Fort Lauderdale, UsA $420 million net revenue county academic health network including a level one trauma and comprehensive stroke center, Salah Foundation Children’s Hospital including a 60-bed level III NICU, 60-bed Psychiatric Facility, and academic center (716 beds, ADC 425)Leadership responsibility for Financial Management, Revenue Management, Supply Chain Management, Case Management and Utilization Review, Social Services, HIM including CDI and Coding, and Physician Advisory services Provide reporting to executive team to support operational decision-making including service line data trends and market share changes using various data intelligence tools. Engaged with physicians for recruitment agreements, contract compliance, supply needs/requests, LOS improvements, and service expansionHighlight of Accomplishments:• Increased collections for POS to goal due to changes in processes for elective cases • Reduced first pass denials 11.2%• Created CDI program with an increase of 23% in reviews along with a physician education program -
Senior Vice President FinanceJps Health Network Apr 2019 - Jun 2020Fort Worth, Texas, UsA $1.0 billion net revenue county health network including a level one trauma and academic center (573 beds, ADC 525), an ASC, and multiple off-campus Clinics, Outpatient Centers, & Ancillary Services locations that are spread throughout Tarrant County. System level leadership for Financial Operations; Central Accounting Office including Treasury, Grants, & Foundation; Supply Chain Management including Value Analysis & Recalls; Budget & Planning; Decision Support Services; Labor Management; Capital Management• Act as the strategic financial business partner to senior executive leadership team for strategic initiatives. • Lead Policy and Process improvements and implementations for improved stewardship• Oversight of cost control processes for supply chain and productivityHighlight of Accomplishments:• Developed initiative-based budget structure to control overall YOY spend• Create financial approval workflows and requirements for labor, contracting, and capital• Reduction of supply cost $4M through first year• Streamlined capital planning process and negotiated reductions in capital procurement of $1.5M• Preceptor for first finance-focused Fellow within the organization. -
Market Cfo - Cincinnati EastMercy Health (Formerly Catholic Health Partners) Jan 2016 - Mar 2019Cincinnati, Ohio, UsA $450M net revenue market, spanning two counties with a total of (380 beds, ADC 260), this includes an acute rehab unit (20 beds), an adult and geri-psych unit with outpatient services (42 beds), free-standing ED, two ASCs, and multiple off-site ancillary services locations.Matrix organization with dual oversight and responsibility for Financial Operations, Case Management, Managed Care, Central Accounting Office, Supply Chain including BioMed, site Patient Access and Central Revenue Cycle support model through Ensemble. Act as the strategic financial business partner to senior executive leadership team for strategic initiatives. Assess and evaluate financial performance of organization including long-term operational goals, budgets and forecasts and use this data to further align goals across the organization. Highlight of Accomplishments:• Year over Year (YOY) financial improvement of $4.6M Operating Margin• Reduction in labor costs by $800K Net YoY per AA CMI adjusted• Reduced supply cost $1.8M through approval controls and variance analysis team. • Streamlined capital request process, allowing for a 3-year capital plan, improving communication to physicians, elimination of emergency capital requests, and improved ROI• Successfully facilitating the first aCFO program for the ministry along with serving on the regional and ministry level diversity and inclusion council -
Division CfoNix Health Care System May 2014 - Dec 2015San Antonio, Tx, Us -
CfoLovelace Regional Hospital - Roswell Jun 2012 - May 2014Albuquerque, Nm, Us -
Financial ManagerSeton Healthcare Family Mar 2008 - May 2012Austin, Texas, Us -
ControllerHealth Management Associates Jul 2005 - Mar 2008
Laura Thomas Skills
Laura Thomas Education Details
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Ohio UniversityHealth/Health Care Administration/Management -
The University Of Texas Permian BasinAccountancy & Information System Mgmt
Frequently Asked Questions about Laura Thomas
What company does Laura Thomas work for?
Laura Thomas works for Memorial Medical Center Las Cruces
What is Laura Thomas's role at the current company?
Laura Thomas's current role is Experienced healthcare leader seeking new opportunities.
What is Laura Thomas's email address?
Laura Thomas's email address is la****@****lth.org
What is Laura Thomas's direct phone number?
Laura Thomas's direct phone number is +140588*****
What schools did Laura Thomas attend?
Laura Thomas attended Ohio University, The University Of Texas Permian Basin.
What are some of Laura Thomas's interests?
Laura Thomas has interest in Social Services, Children, Politics, Science And Technology, Human Rights, Animal Welfare, Arts And Culture, Health.
What skills is Laura Thomas known for?
Laura Thomas has skills like Process Improvement, Leadership, Hospitals, Healthcare Management, Management, Healthcare, Budgets, Revenue Cycle, Physician Relations, Business Process Improvement, Training, Managed Care.
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