With 20 years experience in financial leadership, Ms. Loomis oversees all aspects of financial management at Renown, including budgeting, financial planning, revenue cycle management, supply chain and strategic investments. She and her team are leading efforts to strengthen Renown’s financial position, build partnerships and advance its care delivery mission. With the board, CEO and leadership, Renown has generated healthy volume growth and a strategic partnership with University of Nevada, Reno School of Medicine. The system’s financials and ratings rebounded significantly over the past year, given Renown’s position as the service area’s largest acute care provider. Renown’s financial position has seen significant year-over-year improvement by focusing on margin enhancement and increased state provider fee funding. Key initiatives include optimizing reimbursement, reducing contract labor, decreasing length of stay, focusing on patient throughput, fostering stronger relationships with patients and purchasers, and building resilience to ensure sustainability.
