Steven J. Shaffer is a seasoned healthcare finance executive with over 35 years of comprehensive experience in financial management, strategic planning, and operational optimization. Specializing in the healthcare sector, Steven has a proven track record of enhancing financial performance, optimizing cash flow, and improving efficiency across diverse healthcare organizations, including hospitals, nursing homes, home healthcare services, and insurance companies.

Steven’s extensive background in healthcare finance has made him a respected leader in his field. His expertise spans a wide range of areas, including budgeting and cash flow optimization, value-based services, hospital systems accounting, forecasting, financial modeling, and regulatory filings. He is also a leading expert in the 340B Pharmacy Discount Program and home health accounting and management. Through his leadership, organizations have been able to streamline financial operations, improve revenue cycle performance, and meet evolving regulatory standards.

Currently, Steven serves as the Chief Financial Officer (CFO) at Littleton Regional Healthcare, where he oversees a $250 million revenue operation. His responsibilities include managing all aspects of the organization’s financial strategy, including revenue cycle management, budgeting, forecasting, and providing detailed board reporting. Under his leadership, Littleton Regional Healthcare has experienced significant improvements in financial stability and operational efficiency, cementing his reputation as a results-oriented finance executive.

Before joining Littleton Regional Healthcare, Steven demonstrated exceptional leadership in a variety of senior roles, including serving as the CEO and Owner of ComForCare Home Care, CFO at Windsor Health, Vice President of Finance at Allegheny Health Network, and CFO at Atrium Health. Throughout his career, Steven has consistently delivered measurable results, utilizing his skills in financial reporting, contract negotiations, employee benefit and risk management, and information systems and technologies to optimize business performance. His work has helped organizations thrive in the face of complex challenges while navigating the ever-changing healthcare landscape.

In addition to his executive roles, Steven is actively engaged in the healthcare community. He is a member of several key industry associations, including the Healthcare Financial Management Association (HFMA), the American Healthcare Association (ACHA), and the Executives in Long Care network. These affiliations have allowed him to stay at the forefront of healthcare industry trends and build a strong professional network, which he leverages to drive success for the organizations he serves.

Steven is also committed to giving back to the industry and the community through his involvement in various boards and committees. He currently serves on the Midstate Board FQHC’s Finance Committee, where he provides strategic oversight and financial guidance to the organization. Additionally, he has previously served on the Investment Committee for NewTown, Connecticut, further showcasing his ability to make impactful contributions to both healthcare and financial sectors.

With a strong background in hospital finance, skilled nursing facilities, and long-term care, Steven is highly proficient in human resource administration, financial and contract negotiations, and hospice accounting and management. His ability to integrate financial strategies with day-to-day operations makes him a trusted advisor to boards and executives across healthcare organizations.

Steven holds an MBA from St. John’s University in New York and a Bachelor of Science degree in Finance and Management Information Systems from Oregon State University. His broad professional experience is complemented by his commitment to continuous learning and adapting to the evolving needs of healthcare finance.

Steven’s personal mission is to optimize organizations by applying his extensive knowledge and strategic insights, all while maintaining a patient and methodical approach to financial management. A passionate traveler and father of five, Steven believes in maintaining a balanced life, where professional success and personal fulfillment go hand-in-hand. With his extensive experience and expertise, Steven Shaffer continues to make a lasting impact in the healthcare finance sector, helping organizations achieve sustainable growth and financial success.

Character

Steven Shaffer is a patient and dedicated healthcare finance executive with a reputation for integrity, leadership, and a commitment to optimizing organizations.

Knowledge

With over 35 years of experience, Steven possesses deep expertise in healthcare financial management, including budgeting, forecasting, and regulatory compliance across various healthcare sectors.

Strategic

Steven is a strategic leader who excels at improving operational efficiency, optimizing cash flow, and driving financial performance in complex healthcare organizations.

Communication

Steven effectively communicates complex financial information to diverse stakeholders, ensuring clarity and alignment in decision-making at all organizational levels.