Bruce Craven

Chief Financial Officer

Role
Chief Financial Officer at Open Cities Health Center
Location
Minneapolis, MN, US
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Bruce Craven

Experienced healthcare finance leader with demonstrated ability to facilitate collaborative financial discipline with the purpose of ensuring sustainability of great patient care.

Experience

  1. Chief Financial Officer

    Open Cities Health Center

    Aug 2025 — Present · St Paul, MN, US

    Responsible for all financial oversite of this FQHC organization. I find great fulfillment helping ensure sustainability of great patient care for our patients regardless of ability to pay. Services include primary care, women\'s health, pediatrics, veterans health, behavioral health, dental, optometry, phamacy and telehealth. In the first 5 months, our team has helped achieve financial sustainability by • Accurately forecasting timing of need for additional cash• Developing a cash disbursement tool to manage cash that incorporates elements of cash forecast• Reducing interest expense 50% by refinancing clinic loan• Enhancing stability of cash flow by securing a new line of credit• Satisfying a forecasted cash shortfall by securing a special grant funding draw• Enhancing Board member engagement through meaningful, transparent financial presentations• Improving patient coding, billing and collections by selecting and onboarding new contractor• In process of improving registration and insurance verificationThe need for sustainability and agility has become critical as our volumes have unexpectedly decreased dramatically the past 3 months due to federal activities that have prevented many patients from seeking care.Our ability to remain open has relied in part to accurate cash forecasting, regimented cash dispursements and optimizing cash flow through reimbursement and cost initiatives.

Education

  • Union Adventist University

    Bachelor of Science - BS, Accounting and Business Administration

  • Quinlan School of Business, Loyola University Chicago

    MBA, Health Care

Skills

  • Documentation
  • Leadership
  • Cross-Functional Team Leadership
  • Budgeting
  • Financial Reporting
  • Forecasting
  • Contract Management
  • Access
  • Healthcare Management
  • Strategic Planning
  • Healthcare
  • Hospitals
  • Financial Analysis
  • Process Improvement
  • Six Sigma
  • Budgets
  • Management
  • Financial Modeling
  • Excel

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Bruce Craven — Chief Financial Officer at Open Cities Health Center in Minneapolis, MN, US | Unifers