Before joining RGH, part of Brentwood, Tenn.-based LifePoint Hospitals, Mr. Thompson served as CFO of Plateau Medical Center in Oak Hill, W.Va., and St. Joseph’s Hospital in Parkersburg, W.Va.
As CFO, Mr. Thompson oversees all financial aspects of RGH, and in 2010, RGH invested more than $10.7 million into its facilities and provided more than $214.7 million in uncompensated care — which included charity care, bad debt, unpaid costs of Medicare and Medicaid, property taxes and all other state and local taxes.
Mr. Thompson, a member of the 2012 CFO council for LifePoint Hospitals, also managed the revenue, which reached $393 million in fiscal year 2011. The 201-bed RGH was able to record $11.1 million in net income that same year for a profit margin of 2.8 percent.
More Articles on Hospital CFO Profiles:
CFO David Kirshner: Instilling High-Quality Credit at Boston Children’s Hospital
CFO Vince Schmitz: Stalwart of the West Coast Healthcare Sector
CFO Bob Reilly: Directing Healthy Earnings at Anne Arundel Health System
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
