CFO Benjamin Carter: Expanding the Financial Tiers of Trinity Health
Benjamin Carter, senior vice president and CFO of Trinity Health in Novi, Mich., oversees the finances of one of the largest Catholic-based health systems in the country, and his role is about to become a lot bigger.
Yesterday, Trinity and Newtown Square, Pa.-based Catholic Health East signed a non-binding letter of intent to merge into one integrated delivery system. The new health system would have 82 hospitals across 21 states, and it would have annual operating revenue of $13.3 billion and assets of more than $19 billion.
Mr. Carter and other financial leaders from both organizations will potentially have a much bigger project to manage. At Trinity, Mr. Carter already leads the financial management, financial reporting, strategic financial and capital planning and budget development.
Mr. Carter worked at several other healthcare systems before Trinity. He previously was the executive vice president and COO of Detroit Medical Center, where he oversaw the day-to-day operations during DMC's financial turnaround. He also worked at Oakwood Healthcare in Dearborn, Mich., for almost 20 years. For six of those years, he served as CFO of the four-hospital, $900 million health system.
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