The Healthcare Financial Management Association (HFMA) inducted Melinda S. Hancock, FHFMA, CPA, into office as Chair of its Board of Directors for the 2015-2016 term, during HFMA’s annual conference in Orlando, FL. Her term began on June 1, 2015.
Hancock is Partner at Dixon Hughes Goodman, located in Richmond, VA. In this role, Hancock’s executive leadership includes responsibility for development of services pointed to the mandatory elements of payment reform (i.e., value-based purchasing, readmissions, and hospital-acquired conditions), shared savings models, governmental and commercial bundled payments, and the Medicare innovation model.
“Melinda’s experience and expertise will help us bring different stakeholders together around value improvement in health care,” said HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. “Melinda is dedicated to helping healthcare organizations shape a better healthcare system for the benefit of consumers and other care purchasers.”
Hancock was previously Senior Vice President and Chief Financial Officer of Bon Secours Virginia Health System. She has authored or co-authored several articles on finance’s role in clinical transformation and professional development in the value-based payment era.
A member of HFMA since 1994, Hancock has served on the Association’s National Advisory Councils, the Regional Executives Council, the Board of Directors, and the Executive Committee. She also served the Virginia Chapter as Director, Secretary, President-elect, and President. Hancock is a recipient of HFMA’s Follmer Bronze, Reeves Silver, and Muncie Gold merit awards and the Founders Medal of Honor.
Hancock, a Fellow of HFMA and a certified public accountant, holds an MBA from the University of Phoenix and a Bachelor of Science degree in accounting from the College of William and Mary, Williamsburg, VA.