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Bill Carpenter

Managing Director
Richmond, VA

Bill provides financial planning and analysis, hospital and physician managed care contract negotiation, revenue cycle development and management, internal control design and oversight, and performance improvement and cost management counsel to investor owned and nonprofit healthcare systems and companies. With over 30 years of healthcare financial management experience, Bill is skilled in providing strategic insight and direction for continued development and expansion of freestanding behavioral health facilities and behavioral health service lines within community based and critical access hospitals.

His experience also includes CFO roles in community based and healthcare system acute care hospitals where he developed managed care strategies, was involved in the certificate of public need process, secured financing for hospital construction, expansions, and renovations, and analyzed product and service line financial performance. Bill began his career as a staff auditor for a Big Four accounting firm.

Function & Specialization

  • Healthcare and behavioral health turnaround
  • Fractional CFO and consultant
  • Policy, procedure, and workflow design
  • Cash flow projections
  • Revenue cycle assessment
  • Internal control development
  • Managed care contracting
  • Financial dashboard development

Representative Clients & Past Experiences

  • Serenity First
  • Nilsen Eye Care
  • Quorum Health Resources
  • Diamond Healthcare Corporation
  • Sentara Health System

Education, Licenses & Certifications

  • MBA, Tulane Graduate School of Business
  • B.A., Mathematics, Vanderbilt University
  • CPA (Louisiana, inactive)

Professional Associations & Community Organizations

  • American Institute of Certified Public Accountants
  • Louisiana Society of Certified Public Accountants
  • Virginia Society of Certified Public Accountants
  • YMCA Hampton Roads (former board member)