Matthew Smith
Lexington,Ky
Summary
Accomplished and versatile Patient Safety Leader with over two decades of experience, holding both FACHE and Certified Professional credentials. Demonstrated expertise in revenue generation through effective operational strategies, leveraging a strong background in marketing and finance. Proven ability to adapt quickly to new concepts, excel under pressure, and communicate ideas with clarity. Proficient in various networking environments and business software packages, serving as a change agent within organizations.
Overview
16
16
years of professional experience
Work History
Chief Executive Officer
Lifepoint Health, Clark Regional Medical Center
Winchester, Ky
01.2020 - Current
- 75 Bed Facility, expanded ICU
- Successfully transitioned LTC to ACU 2024
- 2020-24 consolidated EBIDTA met
- Improved overall turnover rate from 41% to 36%
- Ranked top 5 within Central Division for best harm rate
- Current 5 Star CMS rating, Leapfrog A and top 10% all hospitals by Health Grades facility
- Improved TW/SC score from 78% to remain 89% or above for last 4 years
- Managed/Managing over $10 million in Capital spend
- Met NQP designated criteria for 22 consecutive months
Chief Executive Officer
Lifepoint Health, Bourbon Community Hospital
Paris, Ky
01.2017 - 01.2020
- 58 Bed Facility, 33 of which are Behavioral Health Beds
- Combined 2017, 2018, 2019 consolidated EBIDTA met
- Improved overall turnover rate from 48% to 26%
- Ranked #2 within Central Division for best harm rate
- Two time winner of Kentucky’s Best places to Work (1 of only 4 hospitals in the state)
- Improved TW/SC score from 92% to 94%
- Managed $1.7 Million in exterior and interior projects
Chief Operating Officer
Lifepoint Health, Clark Regional Medical Center
Winchester, Ky
01.2016 - 01.2017
- 79 bed hospital responsible for COO responsibilities for facility
- Successful design, build out, moves and openings of 45,000 sqft medical office building that included new Wound Care Center and Physician Tenants
- Leader in design of key quality initiatives for COO managed departments
- Performed leadership training for employees that drove improved CoSe’ health bench score
- Awarded Best Places to Work two consecutive years
- Improved physician satisfaction from 20th percentile to 90th percentile in 17 months
- Recruitment of Interventional Pain/Anesthesiologist and Psychologist
- Operationalized primary care base and rural health clinics improving market share and access to care for our Community
- Key stakeholder in successful market consolidation with 2 Central Kentucky hospitals
- Key stakeholder in improved financial performance (EBDITA) by 100% in 24 months
- Recipient of High 5 (Three consecutive years)
Assistant Administrator
Lifepoint Health, Clark Regional Medical Center
Winchester, Ky
01.2014 - 01.2016
- Responsible for management of multiple hospital departments including Laboratory, Radiology, Food Service, EVS, Rehabilitation Services, and Industrial Health
- Managing projects for 128 slice CT, off site clinic implementation, spine surgery service line and hospital construction
- Physician Recruiting successfully recruited 2 Obstetricians 2015
- Recipient of first Duke LifePoint National Quality Program Designation
- Assisted with Improvement in Emergency Department Metrics (165 min OLOS to 143 in 8 months through efficient lab and radiology processes)
- Worked within central KY market to implement LIS coordinator
- Improved Lab, Radiology and Rehabilitation services volumes by 9%
- Moved patient satisfaction for food services from 1st percentile to current 75th
Chief Executive Officer
Professional Rehabilitation Associates, PSC
Richmond, Kentucky
01.2010 - 01.2014
- Successfully managed company’s budget and prepared forecasting documents and strategies to improve the company’s position within the private market.
- Implemented efficiency standards for each of the four clinics and provided education and training for all staff of the company which resulted in a twenty eight percent decrease in expenses.
- Played key role in contractual negotiations for leasing contracts, benefits and service contracts.
- Designed, moved and coordinated all aspects of multiple clinic and corporate office moves and met scheduled move deadlines.
Education
Master Degree - Business Administration, Health Care Management
Indiana Wesleyan University
B.A. Degree - Health Care Management
Midway College
Associates in Arts and Associates - Allied Health Physical Therapist Assistant
University of Kentucky
Skills
- Organizational leadership
- Executive leadership
- Risk management
- Staff management
Affiliations
- Fellow of American College of Healthcare Executive
- LifePoint CIN Board Member
- Chamber of Commerce Board Member
- Central KY Leadership Board Member
- GRC Leadership Foundations Mentor
- March of Dimes ELT
Timeline
Chief Executive Officer
Lifepoint Health, Clark Regional Medical Center
01.2020 - Current
Chief Executive Officer
Lifepoint Health, Bourbon Community Hospital
01.2017 - 01.2020
Chief Operating Officer
Lifepoint Health, Clark Regional Medical Center
01.2016 - 01.2017
Assistant Administrator
Lifepoint Health, Clark Regional Medical Center
01.2014 - 01.2016
Chief Executive Officer
Professional Rehabilitation Associates, PSC
01.2010 - 01.2014
Master Degree - Business Administration, Health Care Management
Indiana Wesleyan University
B.A. Degree - Health Care Management
Midway College
Associates in Arts and Associates - Allied Health Physical Therapist Assistant
University of Kentucky