Mike Trostel is a seasoned executive with over 40 years of distinguished experience in healthcare financial management and reimbursement consulting. His career spans across various pivotal roles where he has consistently demonstrated expertise in Medicare and Medicaid reimbursement, financial analysis, and strategic leadership.
Currently serving as the Senior Vice President of Reimbursement and Financial Analysis at Signet Health, Mike oversees a broad spectrum of responsibilities aimed at optimizing reimbursement processes and financial outcomes for behavioral health and acute rehab facilities across the United States. His role involves staying abreast of evolving Medicare and Medicaid regulations, providing financial analysis support, and spearheading initiatives that enhance operational efficiency and revenue generation. Under his tenure, Signet Health has expanded its client base significantly, affirming his strategic prowess and industry acumen.
Prior to Signet Health, Mike held notable positions including Vice President at LaPorte CPAs & Business Advisors and Principal at Blue & Co., LLC. At Blue & Co., he played a pivotal role in promoting the firm’s healthcare presence in Texas, attracting clients through his adept handling of reimbursement strategies and financial consulting. His tenure at Blue & Co. underscored his proficiency in managing complex healthcare financial projects, from cost report preparations to Medicare audits and appeals.
Before Blue & Co., Mike was a Principal at Discovery Healthcare Consulting Group, where he merged his company Trilogy Healthcare Group along with his expertise into DHCG, contributing significantly to revenue growth by guiding hospitals through intricate reimbursement challenges and regulatory compliance issues. His career journey also includes serving as President and owner at Trilogy Healthcare Group, where he navigated the company through a period of substantial growth and client satisfaction in healthcare financial consulting.
Mike’s educational foundation includes a Bachelor of Business Administration in Accounting from the University of Texas at Austin, complemented by his Certified Public Accountant (CPA) credentials. His robust skill set encompasses financial analysis, financial modeling, managerial finance, process improvement, and leadership, all endorsed by colleagues and industry peers alike.
Outside his professional endeavors, Mike is actively involved in professional associations such as Healthcare Financial Management Association (HFMA) and holds leadership roles that reflect his commitment to advancing financial practices in healthcare. His dedication to excellence, coupled with a passion for delivering impactful solutions, continues to define his career trajectory and solidify his reputation as a trusted leader in healthcare financial management.
In summary, Mike Trostel stands as a visionary executive who combines extensive industry knowledge with strategic foresight to drive operational excellence and financial success in healthcare organizations nationwide.
Character: Mike Trostel embodies integrity and dedication, underpinned by a robust ethical framework, ensuring transparency and trust in all endeavors.
Knowledge: With extensive expertise in healthcare reimbursement and financial management, Mike leverages a deep understanding of Medicare/Medicaid regulations to optimize financial outcomes for diverse healthcare facilities.
Strategic: Mike excels in strategic planning, adeptly navigating complex financial landscapes to develop and implement tailored solutions that drive operational efficiency and profitability.
Communication: Known for clear and effective communication, Mike fosters collaborative relationships, translating complex financial insights into actionable strategies that resonate across teams and stakeholders.
