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William Phillips
VP/CFO at Bristol Bay Area Health Corporation
William Phillips is an esteemed Health Care Finance Executive with an impressive career spanning over several decades in the healthcare finance sector. His broad range of experiences reflects a unique blend of leadership, financial expertise, and commitment to improving healthcare delivery and sustainability. Known for his strong financial acumen and strategic thinking, William has effectively guided numerous medical organizations through complex financial challenges and operational transformations.
Phillips is a Certified Public Accountant (CPA) and a Fellow of the Healthcare Financial Management Association (FHFMA). He holds a Bachelor of Science (BS) in Accounting from Fairleigh Dickinson University. His academic foundation in accounting has equipped him with a robust understanding of financial principles, enabling him to navigate the intricacies of health care finance with confidence and precision.
Throughout his career, William has held numerous pivotal roles in various healthcare organizations, demonstrating remarkable leadership and a diligent work ethic. Currently, he serves as the Vice President and Chief Financial Officer (CFO) at Bristol Bay Area Health Corporation. In this role, he plays a crucial part in overseeing financial operations, strategizing fiscal policies, and promoting sustainable financial growth, while ensuring that healthcare accessibility and quality remain high priorities for the institution.
Before his current role, William made significant contributions to RWJ Barnabas Health, where he served as the Senior Vice President of Financial Management. During his tenure, he was instrumental in implementing innovative financial strategies that enhanced operational efficiency and financial stability within the organization. Additionally, he temporarily stepped in as the Interim CFO at Clara Maass Medical Center, another RWJ Barnabas Health facility, showcasing his adaptability and readiness to tackle new challenges in a fast-paced healthcare environment. During his extensive career, Phillips has also held key financial leadership positions at various healthcare institutions, including EVP/CFO at Coffee Regional Medical Center and Interim CFO at BE Smith-Tuba City Regional Health Care Corporation. His role as Interim Vice President of Finance at the University of Minnesota Medical Center, Fairview, further illustrates his ability to operate effectively within large health systems and complex organizational structures. Phillips's dedication is also evident from his time as Senior Vice President/CFO at Meridian Health System and Vice President/CFO at both Jersey Shore University Medical Center and Community Medical Center, where he employed his expertise to optimize financial performance and foster growth in each organization.
Phillips's career is marked by several notable achievements, including the successful turnaround of underperforming departments and the implementation of cost-saving measures that have resulted in significant enhancements both in financial performance and patient care quality. His visionary approach has garnered the respect and admiration of colleagues and stakeholders alike, as he continues to influence the field of healthcare finance with integrity and professionalism.