Lakmini Kidder named Senior Vice President of Finance and Chief Revenue Officer

(Press-News.org)   Lakmini Kidder, MBA, has been appointed to the newly expanded role of Senior Vice President, Finance, and Chief Revenue Officer (CRO) for Vanderbilt University Medical Center (VUMC). Kidder will begin her role on July 22. She joins VUMC from Johns Hopkins Health System in Baltimore, where she served as Vice President of Enterprise Revenue Cycle Management.

In her new capacity, Kidder will assume responsibility for overseeing all aspects of VUMC’s integrated revenue cycle, encompassing hospitals, clinics, the Vanderbilt Medical Group and Vanderbilt Integrated Providers. Additionally, she will oversee revenue management and reimbursement functions, including charge master management, pricing strategies and governmental reporting.

“The continued growth of our health system necessitates coordinated strategic leadership and broad expertise in revenue management functions. Lakmini was selected for this vital expanded role based on her extensive experience and background in revenue-related leadership and consulting roles in previous organizations,” said Cecelia B. Moore, MHA, CPA, VUMC’s Chief Financial Officer & Treasurer.

VUMC’s Office of Finance is comprised of three divisions and is responsible for a broad array of institutional functions including core financial services, revenue cycle operations and Supply Chain Services. The office, with more than 1,500 employees, oversees millions of financial transactions each year.

Kidder will serve as an advisor to the leadership team on matters concerning revenue cycle management, reimbursement and strategic revenue cycle operations. She will also play a pivotal role within the VUMC Finance team, driving integration and transformation throughout revenue management processes to enhance efficiency, decrease denials, accelerate cash collections, increase reimbursement, ensure compliance, and implement advanced technologies.

During her tenure at Johns Hopkins Kidder demonstrated exceptional leadership in revenue cycle management and organizational transformation, overseeing system-level alignment and scaling revenue operations in shared service areas to support growth. She integrated leading technologies to enhance patient-facing and revenue cycle functions, resulting in improvements in revenue performance and experience. Prior to her service at Johns Hopkins, Kidder served as Senior Director of Revenue Cycle Services for Regions Hospital and HealthPartners in St. Paul, Minnesota, where she led her team to receive the “MAP” award from the Healthcare Financial Management Association (HFMA) for outstanding achievements in pursuing revenue cycle excellence. She also served as a consultant for Ernst and Young in their management, risk and advisory practice.

Kidder holds a Bachelor of Arts in Economics from Earlham College and a Master of Business Administration from the Massachusetts Institute of Technology.

About her new role, Kidder said, “I am deeply humbled to join Vanderbilt University Medical Center, an institution renowned for its commitment to excellence in teaching, research and patient care. With a rich history and contemporary environment, Vanderbilt presents an exciting opportunity for collaboration and innovation. I am eager to work with our talented teams and harness the power of technology to further enhance the patient experience and provide unwavering support to VUMC’s dedicated physicians and care teams. Together, we will continue to prioritize patient-friendly solutions and innovative approaches to health care revenue cycle management, ensuring that VUMC remains a beacon of compassionate care and clinical excellence.”

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