Treasury in the Healthcare Industry with Cathy McGarry
#061: Treasury in the Healthcare Industry with Cathy McGarry
with Mike Richards0:00
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About this episode
On this episode of the Treasury Career Corner podcast, we have the amazing Cathy McGarry joining us to discuss changing technologies in the healthcare treasury industry and some top pieces of advice from her long and successful career.
Cathy McGarry is the Director of Finance and Treasury Operations for Northwestern Medicine, a premier academic health system in Chicago. Northwestern Medicine is ranked as one of the top hospital systems in the country by U.S. News & World Report.
Ms. McGarry has successfully led multiple system implementations throughout her career, resulting in numerous process improvements while following industry best practices. She has achieved many milestones throughout her 25 years of experience in healthcare finance. Cathy is a subject matter expert, specialising in the following areas: banking relationship management, revenue cycle initiatives, AP automation, ecommerce solutions, PCI Compliance, and M&A integrations.
Ms. McGarry received a master’s degree in Business Administration from Benedictine University in Lisle, IL and bachelor’s degree in Finance from Eastern Illinois University. She is a recognised as a Certified Treasury Professional (CTP). Cathy is also a member of the Association for Financial Professionals and Healthcare Financial Management Association nationally and locally. Ms. McGarry currently serves as President of Treasury Management Association of Chicago.
On the podcast we discussed…
- How Cathy got started in Treasury
- What role treasury has in the healthcare industry and how this differs from other industries
- How treasury technology has evolved throughout the years
- What Cathy’s key to success is and what she is like as a treasury leader
- Career advice for Junior Treasury Analysts who want to further their career
- What Cathy has learnt from her MBA