Crunching numbers is what Addy Kane ’91, P’21 does best. That task has never been more important — or as challenging — as it is today, when economic headwinds have caused rising healthcare costs, staffing shortages, and lower reimbursement rates within the healthcare industry.
“Being in a state with low reimbursement rates makes our jobs very difficult when we compete for talent and deal with increased costs,” says Kane, a certified public accountant. “Understanding the financial results is key to measuring, monitoring, and steering a company’s path forward.”
Kane’s job involves balancing financial sustainability with an organization’s mission to provide quality care and services. Having spent more than twenty years on the financial side of healthcare, she notes that the evolution of data analytics is giving healthcare organizations a competitive edge when it comes to reporting financial- and quality-related information — especially when dealing with third-party payers.
“If anybody asks me, ‘What should I do when I go to college?’ my first response is to go into data analytics because that area is crucial as we move forward,” Kane says, noting that the field offers a fact-based approach to highlighting opportunity areas and making the best financial decisions.
Born in Portugal, Kane immigrated to America with her family at 5 years old. As a high school senior, she fell in love with accounting and pursued the subject the following year at Bryant. She later obtained her master’s degree in business administration at Providence College in 1997 and has held public accounting roles at KPMG Peat Marwick, CVS Health Corporation, CharterCARE Health Partners, and HopeHealth.
Today, Kane serves as chief financial officer of Thundermist Health Center. Kane and her husband, Steven — a ’90 Bryant alum — live in Lincoln, Rhode Island, with their two children, one of whom, Matthew, earned his Bachelor of Science in Actuarial Mathematics from Bryant in 2021. She is also a member of Bryant’s School of Health and Behavioral Sciences Advisory Council.
“I have had a very fulfilling and rewarding career and will be forever thankful for the education and skills I attained throughout my college experience at Bryant,” Kane says.
