Michael H. Covert, FACHEBob Hemker

President and Chief Executive Officer
Palomar Health

Bob Hemker was appointed CEO of Palomar Health in August 2014. A 31-year veteran of the healthcare industry, Bob has extensive experience managing the financial and operational aspects of healthcare organizations, working closely with community, physicians and board representatives. His career includes CFO, COO and CEO experience in for-profit, not-for-profit, and governmental acute care hospitals in Southern California and Hawaii, as well as consulting experiences to various healthcare sectors.

Bob’s responsibilities encompass: strategic financial planning, treasury, capital formation, financial management, budgeting, contracting, revenue cycle and real estate. In addition, he is responsible for the ongoing execution of a comprehensive Plan of Finance for the $1 Billion master facility plan which utilized Revenue Bonds and General Obligation Bonds. Bob serves on the boards of various Palomar Health affiliated entities including: Arch Health Partners – a Physician Foundation; Palomar Health Development, Inc. – a 501(c)(3) Grants Entity; and various joint ventures.

A member of the Healthcare Financial Management Association (HFMA) since 1983, he is Past-President (2004-2005) of the San Diego-Imperial Chapter, having served on its Board of Directors since 2002. He served on HFMA’s National CFO Forum Peer Council and was its 2007-2008 Chair. He has been a Judge for its Yeager Award on numerous occasions. He recently completed a two-year term (2011-2012) as the HFMA representative to the California Hospital Association (CHA) Board of Trustees.
Bob has been a member of the Association of California Healthcare District’s Finance Committee since 2004; and he is currently serving his fifth year as Chairman of the ALPHA Council, its workers’ compensation insurance captive, having served on it since 2004. He has been a Board Member of the malpractice carrier BETA Alliance Insurance Group since 2007 and currently serves as its Chair.

Bob holds a Master’s in Healthcare Administration and a BS in Accounting. He is a frequent speaker at the local, regional and national level on healthcare financial management topics.


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