BLOOMINGTON — Heritage Enterprises has named David M. Underwood as senior vice president of finance and chief financial officer. Underwood replaces Craig Ater, who served in this role for 22 years.
Underwood assumes responsibility for corporate-wide finance, accounting, budgeting, reimbursement and reporting. In addition, he is heavily involved in merger and acquisition analysis, project financing and banking relations.
Underwood has extensive experience in health care finance and administration, serving most recently as administrator of Illinois Gastroenterology Institute in Peoria. He also spent more than 16 years as the CFO for Proctor Health Care Inc., also located in Peoria.
Underwood is a member of the Healthcare Financial Management Association and American Institute of Certified Public Accountants. He earned a bachelor of arts in economics from DePauw University and has been a certified public accountant since 1980.
Heritage Enterprises, founded in 1962, is involved in a variety of residential and health care services for seniors at more than 40 facilities throughout Illinois. Among those facilities, it owns Evergreen Place in Decatur and Heritage Health in Mount Zion and Pana, and manages facilities in Lincoln, Mattoon, Mount Pulaski, among others.
For more information about Heritage Enterprises, visit www.heritageofcare.com.