CFO Gary Terrinoni: Turnaround at Kennedy Health System
Some of the biggest names in the hospital industry grace CFO Gary Terrinoni's résumé: Johns Hopkins Health System and University of Maryland Medical System in Baltimore, MedStar Health in Columbia, Md., Jefferson Health System in Philadelphia and Richmond University Medical Center in Staten Island, NY.
Now as CFO of Kennedy Health System in Washington Township, N.J., Mr. Terrinoni stands among the leadership team with 30 years of experience in finance. He also oversees the information systems and technology of the three-hospital network.
The 621-bed health system brought in nearly $460 million in revenue in 2011, and in June, Kennedy Health System earned an "A3" rating on its $67.1 million bonds from Moody's Investor Services. It controls 24.4 percent of the primary services market in the region.
Moody's also credited Kennedy Health System management's focus on revenue cycle improvements and contract negotiations for its 1.7 percent jump in first quarter operating cash flow margin between fiscal years 2011 and 2012.
Mr. Terrinoni is a CPA and holds a bachelor's in accounting and MBA in finance from Loyola University in Baltimore.
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