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Day Kimball Health CFO Paul Beaudoin Recognized as One of Becker’s Rural Hospital CFOs to Know

Day Kimball Health CFO Paul Beaudoin Recognized as One of Becker’s Rural Hospital CFOs to Know

08/05/2024

Day Kimball Health (DKH) is proud to announce that Chief Financial Officer Paul Beaudoin has been named one of Becker’s Hospital Review’s “Rural hospital CFOs to know” list. This prestigious accolade underscores Paul’s exceptional leadership and dedication to enhancing the financial health of DKH. 

Becker’s Hospital Review, a respected healthcare industry publication, identified CFOs who are instrumental in ensuring the financial health of their organizations and apply their expertise in financial planning helping to bring cost-effective, innovative, up-to-date, and accessible healthcare to their communities.

"Paul’s inclusion in Becker's list highlights his expertise in navigating the unique challenges faced by rural healthcare facilities," said Kyle Kramer, chief executive officer, Day Kimball Health. "His strategic engagement and his focus on performance improvement within the unique confines of rural health services have significantly strengthened our organization’s financial foundation, enabling us to continue providing excellent care while concurrently expanding our services".

As DKH’s Chief Financial Officer since 2016, Paul is responsible for the development and administration of DKH’s financial operations. He provides recommendations for strategic and financial planning to the system’s administration and board of directors. Amid economic pressures, Paul successfully navigated the sudden withdrawal of a proposed healthcare affiliation, securing $15 million in legislative financial support to stabilize and improve Day Kimball’s services. His strategic financial maneuvers included a $28.6 million debt reduction through a pension settlement, renegotiation of service agreements, and the optimization of property use. 

“I am honored to be listed among exceptional rural hospital leaders committed to improving healthcare and to lead a team dedicated to our community’s health,” Paul said. “My career has been devoted to community hospitals, and I am passionate about their crucial role in today’s healthcare delivery system. There is a unique sense of family and an ability to make a real difference in community hospitals that is not often found in larger systems.”

Paul has more than 30 years of experience in the financial management of community hospitals. Before joining DKH, he oversaw the financial operations of Kent Hospital and Memorial Hospital, both part of the Care New England system in Rhode Island. There, his leadership stabilized and grew the hospital’s financial performance and services.

Paul graduated Magna Cum Laude from Bryant College and holds a master’s degree in business administration. He is a Healthcare Financial Management Association (HFMA) Fellow and past board member and treasurer of the Massachusetts/Rhode Island chapter.

The full list features individual profiles of all CFOs on the list and can be read here

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