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Jim Bands

CFO

Ivinson Memorial Hospital

Laramie, WY

Mr. Bands oversees all financial operations for the 99-bed rural community hospital, including accounting, patient financial services, third-party reimbursement, and financial and statistical reporting. He leads revenue cycle, materials management, IT and compliance, partnering with the hospital foundation on long-term sustainability. Since 2016, he has helped maintain strong performance, including an operating margin exceeding 10% that has funded capital projects from cash while building reserves. He led the system’s 2019 conversion to a 501(c)(3) nonprofit and secured $3.1 million in state grant funding to expand and renovate the emergency department. Major projects under his direction include a two-story medical office building and parking garage, as well as a new labor and delivery, gynecology, special nursery and pediatric unit. He also spearheaded a master facility plan and instituted a conservative, liquid investment strategy, supporting award-winning performance recognized by Chartis, Global Healthcare Exchange, Leapfrog and CMS.

Becker's Recognition

Jim Bandshas been named a Becker's honoree on the lists below.

2025 Winner

Executives

Rural Hospital CFOs to Know

Historically, rural areas have suffered a lack of access to quality healthcare. Members of rural communities may have to travel long distances, pay exorbitant costs, or face other barriers. Rural hospitals work hard to ease the burden on underserved communities, and CFOs are a crucial part of the equation.

CFORural & Critical Access

2026 Winner

Executives

41 Rural Hospital and Health System CFOs to Know

Historically, rural areas have suffered a lack of access to quality healthcare. Members of rural communities may have to travel long distances, pay exorbitant costs, or face other barriers. Rural hospitals work hard to ease the burden on underserved communities, and CFOs are a crucial part of the equation.

CFORural & Critical Access

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