Rick McWhorter is executive vice president and chief financial officer for Texas Health Resources. He has responsibility for overall accounting, financial reporting, financial planning and tax management; revenue cycle management and government reimbursement; hospital financial operations; physician financial operations; and financial analytics. He also oversees investments and treasury services; real estate services and facilities development; and supply chain management.
McWhorter assumed his current role in late 2018 after serving in numerous leadership roles since joining the system in 1990. Most recently, he was the chief financial operations officer for Texas Health, where he implemented the system’s board-approved financial sustainability policy, which establishes the prudent deployment of financial resources and provides funding to fulfill Texas Health’s Mission to improve the health of the people in the communities we serve. In addition, he implemented the system’s financial compliance and tax-exempt bond compliance programs, which monitor more than $1 billion of debt.
Over the years, McWhorter has provided financial oversight across the Texas Health system, as well as serving on several of the system’s joint ventures’ boards and committees. He played a significant role in the development of financial processes for the Joint Operating Company hospitals of Southwestern Health Resources, an integrated network that blends the strengths of UT Southwestern Medical Center and Texas Health. Additionally, McWhorter represents the system as a member of the finance committee for Premier AEIX, a professional liability risk retention group with other health systems across the country.
Outside of Texas Health, McWhorter has chaired the health care education committee for the Texas Society of CPAs, served a three-year term on the United Way of Tarrant County board, and is on the Executive Board of the Boy Scouts of America, Circle Ten Council.
McWhorter earned his Bachelor of Business Administration in accounting from Texas Wesleyan University and is a licensed certified public accountant in the State of Texas. He is a certified healthcare financial professional and fellow of the Healthcare Financial Management Association.