Baynes Welch
About
Baynes Welch is a manager at Coker. He is an accomplished problem solver dedicated to helping hospitals and physician practices achieve sustainable financial performance and operational excellence. With a deep understanding of healthcare finance and strategy, Baynes brings over a decade of experience guiding rural and community hospitals through turnaround initiatives, performance improvement, and strategic growth planning. His work blends analytical rigor with practical execution to help clients uncover hidden revenue opportunities and align operations with long-term financial stability—all while preserving access to quality care in rural communities.
Experience
- Delivered $12 million in financial improvement for a critical access hospital navigating severe fiscal challenges, positioning it for long-term sustainability.
- Identified and recouped $2 million in contractual underpayments from insurance companies, improving cash flow and revenue integrity.
- Led performance improvement initiatives across multiple private physician practices, enabling them to remain independent while increasing partner earnings.
- Develops detailed pro formas for both private practice startups and hospital acquisition models, guiding investment decisions with precision and confidence.
Areas of Expertise
- Performance Transformation
- Rural Hospitals
- Financial Analysis and Modeling
- Healthcare Analytics and Business Intelligence
- Interim Management
- Patient Access
- Revenue Cycle Optimization
- Strategic Planning
Education
Washington and Lee University
Bachelor of Science, Accounting and Business Administration
Lexington, Virginia