110 Hospital and Health System CFOs to Know
Becker's Hospital Review has named the following CFOs to its list, "110 Hospital and Health System CFOs to Know." These men and women help lead renowned healthcare institutions in all financial matters while balancing quality patient care. The Becker's Hospital Review editorial team used several resources to develop this list, including nominations, prior Becker's Hospital Review lists and input from industry experts. Note: Individuals cannot pay for inclusion on the list. Names are presented in alphabetical order.
Clint Adams, Ardent Health Services (Nashville, Tenn.). Mr. Adams has been with Ardent since 2003, leading the financial operations of the system's seven acute-care hospitals and 220,000-member health plan. Prior to Ardent, he was an audit senior manager for Ernst & Young, where he managed large- and medium-sized audit engagements of multiple healthcare and technology companies.
Jenny Barnett-Sarpalius, Catholic Health East (Newtown Square, Pa.). Ms. Barnett-Sarpalius is responsible for the financial oversight and stewardship of Catholic Health East, one of the largest non-profit hospital systems in the country. Previously, she was CHE's vice president and chief accounting officer, and she was also the system director of finance and corporate controller at CHRISTUS Health in Irving, Texas.
Warren Beck, Vanderbilt University Medical Center (Nashville, Tenn.). Mr. Beck served as vice president of finance for clinical enterprise for 13 years before being promoted to senior vice president of finance, CFO and associate vice chancellor for health affairs in 2009. He is responsible for financial oversight of all operating divisions of VUMC. Before Vanderbilt, he provided healthcare consulting services as a manager with KPMG Peat Marwick in the New York City area.
Talana Bell, Flowers Hospital (Dothan, Ala.). Ms. Bell arrived at Flowers Hospital in 1998 working as an auditor, and since 2000, she has been the hospital's CFO. Community Health Systems, the parent company of Flowers, recognized Ms. Bell as CFO of the Year in 2009, as she has consistently brought strong returns over the past 10 years without compromising the hospital's patient care and quality.
Chris Bergman, The Christ Hospital (Cincinnati). Mr. Bergman, who officially became CFO of the 555-bed Christ Hospital in July 2009, has more than 29 years of financial operating experience in the healthcare industry. He was previously the CFO for the Sparrow Health System in Lansing, Mich., and vice president of finance at Centura Health in Englewood, Colo.
Michael Blaszyk, Catholic Healthcare West (San Francisco). Mr. Blaszyk currently oversees the financial affairs and corporate operations for the $11.8 billion integrated health system. He has more than 30 years of experience in managing finances and operations in the healthcare sector, and he previously served as the CFO for University Hospitals Healthcare System in Cleveland.
Sally Boemer, Massachusetts General Hospital (Boston). Ms. Boemer started at Massachusetts General, one of the top 15 highest grossing hospitals in the United States, in 1993 in an administrative fellowship, which was an educational program that allowed her to rotate through the hospital's entire operations and finance departments. She assumed the position of senior vice president for finance in 1999, and over the past five years, she has played a central role in the planning and development of the Mass General/North Shore Center for Outpatient Care in Danvers, Mass.
Jeffrey Bolton, Mayo Clinic (Rochester, Minn.). Mr. Bolton has been CFO at Mayo Clinic since 2003. After a slow start in the first quarter of 2009, Mr. Bolton and the clinic successfully worked with staff to help drive down costs. Previously, Mr. Bolton was CFO at Carnegie Mellon University in Pittsburgh and worked in planning and financial analysis at the University of Pittsburgh.
Kevin Brennan, Geisinger Health System (Danville, Pa.). From 1997 through 2000, Mr. Brennan served as the CFO of the Penn State Geisinger Health System, and since then, he has held his role as CFO of the entire Geisinger Health System. Prior to joining Geisinger, he was the regional vice president of finance and vice president of managed care with Sylvania (Ohio) Franciscan Health, and he was also the vice president of finance for The Germantown Hospital and Medical Center in Philadelphia and Saint Michael's Medical Center in Newark, N.J.
William Brosius, St. Luke's Episcopal Hospital (Houston). Before Mr. Brosius became CFO of St. Luke's Episcopal Hospital, he served as the chief financial consultant for hospital operations at The Lane Group, a boutique healthcare consulting firm in Atlanta. He was also a consultant and CFO for Triumph HealthCare, a $300 million long-term acute-care hospital company.
Tammy Broussard, West Calcasieu Cameron Hospital (Sulphur, La.). Ms. Broussard first began her career at West Calcasieu Cameron Hospital in 1996 as a controller, and by 2007, she became the hospital's CFO. She has led the hospital in its non-clinical IT systems implementation and also was a key player in obtaining more than $30 million in funding for the hospital's capital equipment, maintenance and operations.
Judy Brown, East Jefferson General Hospital (Metairie, La.). Ms. Brown joined EJGH in 2010 with more than 30 years of experience in the healthcare finance industry. She has helped implement financial strategies to ensure the community hospital's stability and also spearheads EJGH's outpatient services, care management, health IT and supply management.
Michael Buhl, University of Wisconsin Hospital and Clinics (Madison). Before joining UW Hospital and Clinics in 2008, Mr. Buhl served as the interim CFO at Stanford Hospital and Clinics in Palo Alto, Calif., where he directed its operating budget of $1.4 billion and capital budget of $400 million. He was also CFO for the Mayo Clinic in Scottsdale, Ariz., and Mayo Franciscan Skemp Healthcare in La Crosse, Wis.
Michael Burke, NYU Langone Medical Center (New York). Since joining NYU Langone Medical Center in 2008, Mr. Burke has initiated a finance transformation process that involved a complete assessment and overhaul of the hospital's existing business processes and systems. Previously, he served as CFO of Tufts Medical Center in Boston and CFO of Duke University Hospital in Durham, N.C. Mr. Burke has spent more than 20 years in healthcare financial management.
Mike Butler, Providence Health & Services (Renton, Wash.). Mr. Butler joined Providence Health System in 1998 as CFO. He added the position of executive vice president in 2002. Mr. Butler is responsible for the financial services and operational oversight of an organization with $7.6 billion in annual net revenue.
Lisa Carlson, Sanford Health (Fargo, N.D.). Ms. Carlson has been Sanford Health's CFO since 2003. She began her career with the system in 1987 as the controller for the Fargo Clinic. She has served in numerous other financial roles prior to becoming CFO and is a member of the North Dakota Healthcare Association and the North Dakota Society of Certified Public Accountants.
Larry Cash, Community Health Systems (Franklin, Tenn.). CHS first brought Mr. Cash aboard in 1997. Previously, he held senior-level financial positions at Columbia/HCA Healthcare, Humana and PricewaterhouseCoopers. From 2005 to 2011, Mr. Cash was named one of America's best CFOs in healthcare by Institutional Investor. In 2008, he was also named BusinessTN's first ever CFO of the Year.
Paul Castillo, University of Michigan Health System (Ann Arbor, Mich.). Mr. Castillo was named CFO for U-M Health System in September. Previously, he was CFO and vice president of finance at UPMC Shadyside in Pittsburgh, a 520-bed hospital within the UPMC system. He worked his way up the ranks at UPMC since 1996, ultimately managing its $1.9 billion operating budget. Mr. Castillo was also the vice president of finance at Saint Vincent Health System in Erie, Pa., in the early 1990s.
Randy Combs, Mercy (Chesterfield, Mo.). Mr. Combs has been with Mercy for more than 25 years and assumed his role as CFO in March 2009. He has also been executive vice president, CFO and COO for Mercy's operations in St. Louis and Washington, Mo. Before joining Mercy, Mr. Combs was the vice president of finance for Barnes-Jewish Hospital in St. Louis.
James Connelly, Henry Ford Health System (Detroit). Before he joined Henry Ford Health System, Mr. Connelly was CFO of TriHealth in Cincinnati and the senior vice president and COO of Bethesda North Hospital, also in Cincinnati. Crain's Detroit Business recently named Mr. Connelly as one of the top CFOs in southeast Michigan.
Diane Corrigan, Hospital of the University of Pennsylvania (Philadelphia). For the past 11 years, Ms. Corrigan has been CFO of the largest hospital in Philadelphia that had revenues of almost $6 billion in 2010. She has helped the hospital reach an operating margin that has consistently been above 10 percent for the past four years while also improving HUP's bond ratings and controlling costs. Philadelphia Business Journal also named Ms. Corrigan as CFO of the Year for 2011.
Thomas Corrigan, Christiana Care Health System (Wilmington, Del.). Mr. Corrigan has been the senior vice president and CFO of Christiana Care since Oct. 2006. Before joining the health system, he was CFO for the ADP Brokerage Services Group in Jersey City, N.J., and was also president of the ADP Investment Center in Wilmington, Del.
David Cox, Marin General Hospital (Greenbrae, Calif.). Mr. Cox was a consultant to the Marin Healthcare District before joining as full-time CFO in 2009. Previously, he held various finance and management positions at Sutter Health in Sacramento, Calif., Fletcher Allen Health Care in Burlington, Vt., and St. Mary's Health System in Waterbury, Conn. Mr. Cox was also the recipient of North Bay Business Journal's 2011 CFO Recognition Award.
Kelly Curry, Health Management Associates (Naples, Fla.). Since Jan. 2010, Mr. Curry has led HMA in its financial operations and endeavors. He has been involved in hospital and health management for roughly 30 years and has served as HMA's chief administrative officer and COO prior to his current appointment.
Dennis Dahlen, Banner Health (Phoenix, Ariz.). Mr. Dahlen has been part of Banner Health for several years, starting as an internal auditor in 1983. He was named vice president of finance in 2000 and senior vice president of finance in 2006 before becoming CFO in 2009. He oversees all financial operations of Banner Health, which operates 23 non-profit hospitals in seven states.
Stephen Danch, University of Pittsburgh Medical Center Hamot (Erie, Pa.). Mr. Danch has been UPMC Hamot's CFO since 1989, helping to develop, interpret, coordinate and administer policies on the hospital's finances for more than 20 years. Prior to joining UPMC Hamot in 1980, he served in the audit department of accounting firm Root, Spitnas and Smiley in Erie, Pa.
Robert DeMichiei, University of Pittsburgh (Pa.) Medical Center. As senior vice president and CFO, Mr. DeMichiei leads the financial initiatives of one of the top grossing systems in the country. In February of 2010, Moody's praised UPMC management for its "pro-active initiatives to improve operational efficiencies, including management's ability to balance capacity with community need to meet clinical demands while justifying clinical expenditures." Previously, Mr. DeMichiei held various executive finance roles at General Electric and worked for PricewaterhouseCoopers in Pittsburgh for 10 years.
Chris Denton, Henrico Doctors' Hospital (Richmond, Va.). In addition to his role as CFO at Henrico Doctors' Hospital, Mr. Denton is CFO for HCA Virginia Health System, also based in Richmond. The central Virginia organization is the largest healthcare provider in the area, operating six hospital campuses along with freestanding surgery, imaging and family health centers.
Anthony Dorsch, Providence Health and Services Alaska (Anchorage, Alaska). Mr. Dorsch served as assistant CFO since June 2007 and now is in charge of the regional finance. Previously, Mr. Dorsch worked in the main office of Providence in various positions, including system director of financial planning and system manager of strategic finance.
Stephanie Doughty, Poudre Valley Health System (Fort Collins, Colo.). Prior to joining PVHS in 1998, Ms. Doughty was CFO of St. Anthony's Hospital in St. Petersburg, Fla. She also worked with Bayfront Medical Center, also in St. Petersburg, for 10 years as the controller and vice president of finance and with Englewood (Fla.) Community Hospital as the controller.
John Doyle, IASIS Healthcare (Franklin, Tenn.). Before becoming CFO, Mr. Doyle served as IASIS' vice president and treasurer and chief accounting officer and has been with the organization for more than nine years. He has also worked in various financial roles at community hospitals throughout Tennessee and North Carolina and in healthcare audit and business advisory service capacities with Ernst & Young and KPMG.
Marvin Eichorn, Mountain States Health Alliance (Johnson City, Tenn.). Since 1998, Mr. Eichorn has been part of the Mountain States Health Alliance, a regional healthcare system with 13 total hospitals throughout Tennessee, Virginia, Kentucky and North Carolina. He was previously with Covenant Health, based in Knoxville, Tenn.
John Faulstich, UAB Health System (Birmingham, Ala.). Before joining UAB Health System in April 2009, Mr. Faulstich was the senior vice president of finance and CFO for Cleveland-based Sisters of Charity of St. Augustine Health System. As CFO of UAB, Faulstich oversees financial functions of a $3 billion system that includes 2,300 licensed beds in six hospitals, including the largest hospital in Alabama and third-largest public hospital in the U.S.; nearly 16,000 employees, including a 1,100 nonprofit faculty group physician practice; a 90,000 member HMO; and the only NCI-designated Comprehensive Cancer Center in a six-state region.
Joseph Felkner, Lehigh Valley Health Network (Allentown, Pa.). Before joining Lehigh Valley Hospital in Aug. 2009 as CFO, Mr. Felkner was senior vice president and chief strategy officer at Baptist Health Care in Pensacola, Fla. Before that, he was senior vice president of finance at OhioHealth in Columbus and CFO of Grant Medical Center and Riverside Methodist Hospital, both located in Columbus and members of OhioHealth.
Mr. Felkner has since left LVHN, as of Sept. 8, 2011.
Steve Filton, Universal Health Services (King of Prussia, Pa.). Since 2003, Mr. Filton has been CFO of UHS, which recorded roughly $5.57 billion in 2010 revenues. He has been with UHS, the seventh-largest for-profit hospital operator in the United States, for more than 20 years and served in various capacities, including director of accounting and control, controller, vice president, principal accounting officer and secretary.
Kenneth Fisher, University of Iowa Hospitals and Clinics (Iowa City). Mr. Fisher has been CFO of UIHC since June 2007. Previously, he was interim CFO of Navigant Consulting. Mr. Fisher has more than 30 years of experience in the hospital financial management sector and has held financial positions at various hospitals through Michigan, Tennessee and North Carolina.
Michael Freed, Spectrum Health (Grand Rapids, Mich.). Mr. Freed has 25 years of healthcare management experience. He has led efforts in consumer transparency at Spectrum Health, which was among the first in the country to post average prices for many common procedures online. Mr. Freed has also helped Spectrum Health maintain its Aa3 financial rating since 1998, a designation held by only 38 health systems in the country.
John Gantner, Meridian Health (Neptune, N.J.). Mr. Gantner has been CFO of Meridian Health, one of the largest non-profit health systems in New Jersey, since Feb. 2008. Previously, he served as executive vice president of Robert Wood Johnson University Hospital and Health System in New Brunswick, N.J., and also as a healthcare consulting partner at Ernst & Young.
Stephen Gary, Akron (Ohio) General Health System. Mr. Gary began his role as CFO of Akron General Health System on Jan. 31, 2011. He previously served as senior vice president and CFO of St. Vincent Health System in Erie, Pa., since 2005. Mr. Gary has also worked at the University of Rochester (N.Y.) Medical Center and Rochester General Health System for 10 years.
John Geppi, Covenant Health System (Knoxville, Tenn.). Mr. Geppi has been involved in the hospital and healthcare industry for roughly 36 years. Before joining Covenant Health, he was a senior manager with Arthur Andersen for 11 years.
Steven Glass, Cleveland Clinic Health System. Mr. Glass has been CFO of Cleveland Clinic since 2005. He is also CFO of Cleveland Clinic Health System, overseeing financial operations at the Cleveland Clinic East and West Region hospitals, Marymount Hospital, Cleveland Clinic Florida and other subsidiaries. In 2010, the Cleveland Clinic was the second-highest grossing hospital in the country, bringing in total revenues of $9.14 billion.
Mike Gleason, Shands Jacksonville (Fla.) Medical Center. Mr. Gleason was the controller at the 607-bed Shands Jacksonville before becoming CFO in 2009. Last year, the hospital managed total patient revenues of more than $1.8 billion.
Robert Glenning, Hackensack (N.J.) University Medical Center. Mr. Glenning has been CFO at HUMC for the past four years, handling gross revenues near $1.25 billion. Previously, he was CFO of Kaleida Health in Buffalo, N.Y., which lost a record $62.5 million before he started in 2001 and reported a $50 million surplus in 2006 under his tenure.
Paul Goldstein, Orlando Health. Mr. Goldstein oversees the financial matters of the $1.5 billion non-profit Orlando Health, which is comprised of nine hospitals. The health system saw its net profit increase by 13 percent, from $73.3 million in 2009 to $83 million in 2010.
Greg Gombar, Carolinas HealthCare System (Charlotte, N.C.). Mr. Gombar first joined Carolinas in 1984. Before then, he served as an audit manager and healthcare consultant with Arthur Andersen for seven years. Currently, he is actively involved with the North Carolina Hospital Association and is a member of the North Carolina Association of Certified Public Accountants.
Michael Gough, Norton Healthcare (Louisville, Ky.). Mr. Gough's career in healthcare finance stretches back to 1983, when he first worked for Columbia/HCA Healthcare Corporation. He served various roles, including CFO of Audubon Regional Medical in Louisville, Ky., and CFO of Medical Center Hospital in Huntsville, Ala., before joining Caritas Health Services as CFO in 1994. Mr. Gough joined Norton Healthcare in 2000 as the vice president of finance and has been CFO for the past eight years.
Richard Grossi, Johns Hopkins Medicine (Baltimore). Mr. Grossi, who has been CFO of Johns Hopkins Medicine since 1996, oversees day-to-day financial functions of the school of medicine, Johns Hopkins' four acute-care hospitals, its medical groups, home care, long-term care, managed care organizations and international initiatives. Before joining Johns Hopkins in 1978, he was the assistant director of financial analysis and financial director of the medical group at the University of Connecticut and executive director of the medical group at Wright State University in Dayton, Ohio.
Misty Darling Hansen, University Medical Center (Tucson, Ariz.). Ms. Hansen had been University Medical Center's chief accounting officer before being named CFO in Jan. 2010. After joining the medical center in 2001, she worked on a variety of financial initiatives. She oversees an annual operating budget of $530 million.
Gail Hanson, Aurora Health Care (Milwaukee). Ms. Hanson was appointed as senior vice president and CFO of Aurora in Jan. 2011. Previously, she served as the deputy executive director for the State of Wisconsin Investment Board and was also CFO for Cobalt Corporation, a health insurer now operating as Anthem Blue Cross Blue Shield.
Diane Harden, DeKalb Medical (Decatur, Ga.). Ms. Harden has been CFO of DeKalb Medical since 2005. With more than 30 years of experience in healthcare finance, she has been a CFO at both for-profit and non-profit hospitals in the Southeast, most recently serving as CFO of the University of Tennessee Medical Center in Knoxville.
Fred Hargett, Novant Health (Winston-Salem, N.C.). Since 2003, Mr. Hargett has worked his way up Novant's leadership ladder, going from senior vice president of financial planning to executive vice president of finance to CFO. Prior to joining Novant, he worked as a manager of healthcare consulting with Ernst & Young in Charlotte, N.C., leading several initiatives in strategic planning and financial forecasting.
Mark Hepler, Munson Healthcare (Traverse City, Mich.). Before being named Munson Healthcare's CFO in 2010, Mr. Hepler was the interim CFO and vice president of finance, and he has been with the system for 27 years. He has helped the organization maintain its A1 bond rating from Moody's since leading its financial department.
Paul Ishizuka, University of Washington Medical Center (Seattle). Mr. Ishizuka has been the associate executive director and CFO for UW Medical Center since 1999. He has also served as CFO and controller throughout other hospitals in Washington and California, and he serves on the finance committees of various UW Medicine affiliates.
Milton Johnson, Hospital Corporation of America (Nashville, Tenn.). Mr. Johnson was named executive vice president and CFO of HCA in 2004. He joined HCA in 1982 as a tax manager in the research and planning area. Mr. Johnson currently serves on the board of directors for Nashville's Siloam Family Health Center, the HCA Foundation and the Sarah Cannon Research Institute.
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