CFO Bill Douglas: Fortifying Riverside Medical Center's Finances
Bill Douglas has invested much of his professional life into Riverside Medical Center, a 325-bed hospital in Kankakee, Ill., that serves more than five surrounding counties, and his healthcare financial prowess has led him all the way to the top as CFO.
Mr. Douglas has been CFO of Riverside Medical Center since 2006, and he has served in various other financial and operational positions at the hospital. These include vice president of finance, director of planning and operations, and treasurer.
According to the American Hospital Directory, Riverside Medical Center had total revenue of $744 million last year. Mr. Douglas — a certified public accountant and member of several healthcare financial organizations — helped the hospital achieve a net income of $25 million in 2011 for an operating margin of 3.4 percent.
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