AVALA CFO STACEY ZIMMER NAMED IN BECKER’S HOSPITAL REVIEW 2024 CFOs TO KNOW LIST

FOR IMMEDIATE RELEASE – June 18, 2024
Media Inquiries: Brooke Russell | 985.801.6212 | info@avala.com

Covington, Louisiana— AVALA CFO Stacey Zimmer, CPA, is proud to be named a 2024 CFO to Know by Becker’s Hospital Review. Chief Financial Officers (CFOs) are vital to the financial operations of their healthcare organizations. These leaders manage substantial operating budgets, oversee complex revenue cycles, develop and implement financial strategies, and cultivate partnerships, among other responsibilities.

Healthcare CFOs face numerous challenges, such as:

          > Rising healthcare costs

          > Changing reimbursement models

          > Regulatory compliance

          > Workforce shortages

Stacey Zimmer, CPA, handles various financial management activities, focusing on economic strategy, operations, revenue cycle management, risk management, leadership, and compliance. Stacey is crucial in ensuring the hospital’s financial stability, sustainability, and growth while adhering to financial regulations and best practices.

Overseeing all AVALA campuses, including expanding the physician network satellite locations, Stacey ensures the organization remains financially stable and capable of providing first-class, state-of-the-art patient care. By developing and implementing AVALA’s financial plans, including setting financial goals and objectives, Stacey creates department budgets and projects financial data to support the continued growth of AVALA.

Stacey demonstrates exceptional leadership qualities and a high level of competency in financial management. These qualities encompass financial and business acumen, strategic thinking, team management, innovation, continuous improvement of economic cycles, risk management, and ethical conduct. These qualities make Stacey a results-driven leader with the communication and influence skills necessary to help AVALA adapt to the modern healthcare environment and remain resilient in the face of challenges.

By directly analyzing the healthcare industry and financial data, Stacey enhances financial performance by monitoring key economic indicators such as revenue, expenses, and profitability. Stacey collaborates closely with AVALA’s physician owners, executive leadership team, board of directors, and stakeholders to provide insights into AVALA’s performance and guide future expansion decisions. Stacey is also building the foundation for the hospital’s revenue cycle management process by investing in a new system for managing billing and collection activities, ensuring optimal reimbursement for services. Additionally, Stacey ensures AVALA meets compliance guidelines for financial regulations and identifies and manages financial risks related to investments, financing, and insurance.

Overall, Stacey plays a critical role in ensuring that AVALA is financially stable and capable of providing excellence to its patients, physicians, and team members, aligning AVALA’s financial decisions with its mission and goals.

Strong leadership qualities are essential and significantly impact the organizations these leaders serve. CFOs must effectively manage their organization’s financial operations while providing strategic guidance. The CFOs featured on this list work to ensure their hospitals’ and health systems’ overall economic viability and sustainability, allowing healthcare organizations to focus on improving their services and providing the best possible patient care.

This list honors CFOs for their dedication to enhancing the financial well-being of their hospitals and health systems. Becker’s Healthcare is proud to feature the accomplishments of these outstanding leaders, who are crucial to the success of their respective organizations.