CFO Paul Staton: Elevating the Financial Structure of UCLA's Hospitals
"There's a lot of energy going on, and we are truly trying to run UCLA Medical Center as a business with standard business practices and tools," Mr. Staton said in the UCLA Today seven years ago, soon after he was named permanent CFO. "It's a lot of long hours, but believe it or not, we're actually having fun."
Mr. Staton, a certified public accountant, has been with UCLA since 1996 and has roughly 30 years of healthcare financial experience working for various hospital organizations in southern California. He was the hospital system's controller and then became interim CFO in September 2004.
This year, the Los Angeles Business Journal named Mr. Staton a finalist for its Health Care Leadership Awards. The year Mr. Staton was named CFO of UCLA Hospital System, the organization recorded a net loss of $15 million, but in fiscal year 2011, the system recorded roughly $300 million in net income on $1.7 billion in revenue.
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 email@example.com.
More Articles on Hospital CFO Profiles:
© Copyright ASC COMMUNICATIONS 2015. 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.