Charles Shields
@charlesshields
Proven Chief Financial Officer with extensive healthcare financial management experience.
United StatesWhat I'm looking for
I am a seasoned Chief Financial Officer with a robust background in managing and leading accounting operations within healthcare systems. My career has been marked by a consistent track record of reducing costs while enhancing operational efficiencies. At Canopy Health, I successfully reduced administration costs by 18% through strategic business refocusing and waste elimination, demonstrating my ability to drive financial performance in complex environments.
Throughout my career, I have collaborated effectively with both internal and external teams to ensure that capital budgets align with operational cost models. My experience spans various leadership roles, including overseeing financial operations for multiple hospitals, where I developed and implemented comprehensive operating and capital budgets. My commitment to financial integrity is evident in my successful management of audits and compliance processes, ensuring that organizations not only meet but exceed regulatory standards.
With an MBA and a CPA certification, I bring a blend of academic knowledge and practical experience to the table. I am passionate about leveraging my skills to contribute to the financial health and strategic direction of healthcare organizations, ultimately improving patient care and operational success.
Experience
Work history, roles, and key accomplishments
Chief Financial Officer
Canopy Health
Nov 2021 - Present (3 years 9 months)
Responsible for accounting functions and financial reporting for the $300 million health plan. Redesigned the organization with the CEO for new business focus, reducing administration costs by 18%.
Chief Financial Officer
Providence Holy Cross Medical Center
Jul 2019 - Present (6 years 1 month)
Accountable for financial operations for a 377-bed short-term acute care trauma hospital. Developed and implemented operating and capital budgets, and prepared monthly financial reporting packages.
Chief Financial Officer
Greater El Monte Community Hospital - AHMC
Mar 2017 - Present (8 years 5 months)
Oversaw financial operations for a 117-bed short-term acute care hospital, managing 5 directors and 4 staff. Developed and implemented operating and capital budgets, and prepared quarterly OSHPD Financial Reports.
Chief Financial Officer
Promise Hospital of East Los Angeles
Jul 2014 - Present (11 years 1 month)
Accountable for financial operations for a two-campus 213-bed long-term acute care hospital. Developed and implemented financial and administrative processes for startup outpatient and surgical services.
Controller and Treasurer
Marina Del Rey Hospital
Dec 2013 - Present (11 years 8 months)
Led general ledger accounting and accounting operations for a 145-bed hospital, managing an 8-person staff. Managed the AR revolver and calculated monthly manual contractual adjustments.
Controller
Downey Regional Medical Center
Nov 2011 - Present (13 years 9 months)
Controller for general ledger accounting and accounting operations for a 199-bed hospital, managing 11 staff. Rebuilt the Accounting Department and assisted with the hospital's exit from bankruptcy.
Director of Accounting
Care1st Healthplan
Jul 2011 - Present (14 years 1 month)
Reported to the CFO, responsible for accounting functions, delegate oversight, and financial reporting for the $800 million entity.
Controller
Triangle Distributing
Jan 2007 - Present (18 years 7 months)
Oversaw accounting and administration operations of two distributorships with revenues of $150M. Implemented Warehouse Management Systems (WMS) to streamline processes and improve operational efficiencies.
Project Director, Contract, Control, and Installation
Pacificare|United Healthcare
Apr 2004 - Present (21 years 4 months)
Led teams accountable for loading provider contracts into transaction systems and managed projects to synchronize system data. Managed SOX compliance testing and external audits for the Contract Services Department.
Education
Degrees, certifications, and relevant coursework
ULUniversity of Massachusetts Lowell
Bachelor of Science, Accounting
Completed a Bachelor of Science degree with a focus on Accounting. This program provided a strong foundation in accounting principles and practices.
BCBentley College
Master of Business Administration, Finance
Obtained a Master of Business Administration with a concentration in Finance. This advanced degree provided a deep understanding of financial management and strategic business operations.
Tech stack
Software and tools used professionally
Availability
Location
United StatesAuthorized to work in
Job categories
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