With more than 25 years of experience, Ms. Reid oversees the day-to-day operations of the finance division at Carson Valley Health, managing revenue cycle, materials management, finance and accounting, payroll, third-party reimbursement and managed care contracting. She secured financing through tax-exempt bonds at a low rate to help achieve Carson Valley Health’s 54,000-square-foot expansion, completed in 2024, which has increased access to affordable care for the rural community and surrounding areas. The organization issued $40.1 million in bonds on its own without guaranteed debt, an unusual step for a rural organization of its size, supported by strong balance sheets and years of solid financial performance. Ms. Reid focused on managing care contracts that had not previously received full attention, restructuring the agreements to better fit the vendor’s needs in the area and the current market. She found savings by switching the emergency department’s time-tracking vendor to an electronic system that more accurately captured physician stand-by time. In 2021, Carson Valley Health implemented success sharing for all employees and increased budgeted salaries, an effort Ms. Reid helped spearhead after determining the organization could sustain a raise amid inflationary pressures. She arrived at Carson Valley Health in November 2018, having previously served as controller at the University of California Benioff Children’s Hospital in Oakland for 11 years and as director of finance and controller with South Lake Tahoe, Calif.-based Barton Health from 2001 to 2007.
