Senior Healthcare Financial Executive Richard Alesch

DCCS Transitional Leadership


A Senior Healthcare Financial executive with financial operations expertise, experienced in the improvement of profitability, productivity and service excellence.

Leadership experience and scope in Acute care, Academic Medical center, For Profit, Not For Profit, Community-Based Hospitals (Hospital Bed Size: 50-650 and FTE up to 200). Managed Hospital operating budget totaling $750+ million.



Key Accomplishments:

  • Held numerous interim positions with Health Systems, Hospitals and Medical Centers nationwide as CFO, VP Finance, and Controller.

  • Implemented operational improvement plan, saving $3.7m over 6 months. Managed University Hospital System budget totaling more than $750m, and implemented Kaufman Hall Budgeting System. Implemented productivity monitoring system. Developed strategic planning initiatives to support business plan.

  • Decentralized departmental revenue capture, increasing gross revenue by $20m.

  • Performed property, plant and equipment ledger clean-up/retirements ($105m) decreasing average age of plant from 13.2 years to 8.1.

  • Reduced month-end financial closing schedule from ten business days to five.

  • Reduced AR days from 72 to 56, increasing cash flow by more than $4m.

  • Managed the “Due Diligence” process and review for community hospital prior to acquisition by large healthcare system.

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