Richard K. Rothberger
Corporate Executive Vice President, Chief Financial Officer
Richard Rothberger currently serves as corporate executive vice president and chief financial officer of Scripps Health, one of San Diego’s largest health care systems. He has held this position since August 2001 and has 30 plus years of experience in the health care industry. He is responsible for corporate finance, treasury, financial and capital planning, payer contracting, revenue cycle, supply chain, real estate and construction, as well as financial operations for all operating entities within Scripps Health.
Since joining Scripps Health in 2001, he has orchestrated a $120 million financial turnaround from operations, and positioned the organization for profitable growth moving forward. He has moved the company away from risk contracting, improved top line revenue by better coordination of system wide contracting efforts, accelerated cash and reduced days in accounts receivable by 30 percent, sold off two skilled nursing facilities and non-core real estate to infuse cash into the system.
The strong operating results have helped Scripps to build its balance sheet, improve its credit ratings, borrow an additional $370 million and invest in campus improvements, employees and medical group expansion.
He increased the visibility of finance within the organization and has engaged the board, physicians and senior leadership with a visibly transparent and collaborative style. He advises the board and senior management on all financial matters and is staff to the board, finance committee, investment committee, audit committee, compensation and benefits committee and strategic planning committees of the Scripps Health board of trustees.
Prior to joining Scripps Health in 2001, Rothberger served as senior vice president/chief financial officer for Mercy Healthcare Sacramento, a division of Catholic Healthcare West (CHW) from 1997 to 2001. He was responsible for the finances for an $850 million integrated delivery system including seven hospitals, a home care agency, and two large multi-specialty medical group practices. He orchestrated a $30 million financial turnaround prior to leaving Mercy Healthcare and positioned Sacramento to be one of the top-performing regions within CHW. He has had various senior management positions at Mercy Healthcare including director of finance/decision support and director of management engineering from 1978 to 1996.
Rothberger earned his Bachelor of Arts degree in mathematics from Queens College, City University of New York in 1972 and his master’s degree in industrial engineering/ health systems from Northeastern University in 1975. He is a member of the Healthcare Financial Management Association and the Health Management Academy.