CFO Jay Sial: Bringing Broad Perspective to Loyola University Health System
Jay Sial has worked in hospital finance on behalf of several types of stakeholders — insurers, executives and physicians. That wide perspective may have been what Loyola University Health System, based in Maywood, Ill., was looking for when the system named him its CFO last April. Less than a year earlier, two-hospital LUHS joined Trinity Health, a Catholic hospital network based in Livonia, Mich.
Mr. Sial worked in the health insurance industry before he took a position as vice president of finance at Thomas Jefferson University Hospitals in Philadelphia. There, he helped create a physician hospital organization. Later, he became CFO of University of Kentucky Healthcare in Lexington, where he put in place a scorecard system that measured operating performance and drove the system's operating margin to rank in the top 10th percentile of academic medical centers nationwide.
Mr. Sial earned his bachelor's degree in economics and accounting from the University of Delhi in India and his MBA from Virginia Tech.
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