CFO Diane Corrigan: Monitoring the Business of Philly's Largest Hospital
Before Ms. Corrigan joined the organization in 2000, HUP — the largest hospital in Philadelphia with 772 beds and the flagship facility of the University of Pennsylvania Health System — recorded three straight years of losses. Since then, Ms. Corrigan, in conjunction with the hospital's other executive leaders, has recorded operating margins above 10 percent from 2007 to 2011.
Her accomplishments prompted the Philadelphia Business Journal to name Ms. Corrigan as the city's "2011 CFO of the Year" for an extra-large company.
This past June, Ms. Corrigan told Inside Penn Medicine, the newsletter for Penn Medicine, that the hospital was having another positive year. "[HUP] is experiencing some growth in both our inpatient and outpatient sides, especially in our cancer services," Ms. Corrigan said. "We have good net operating margins as well, which means we have money available to reinvest in the hospital, our education programs and our people."
If you have more information or updates for this profile or would like to recommend a leader to be profiled in the future, please contact Lindsey Dunn, editor in chief, Becker's Hospital Review at firstname.lastname@example.org.
More Articles on Hospital CFO Profiles:
© Copyright ASC COMMUNICATIONS 2016. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.