Mr. Cancelmi stepped in for Biggs Porters, who left Tenet to serve as CFO of Fluor Corp., an engineering and construction company.
Mr. Cancelmi now heads the financial oversight of Tenet, which recorded $8.85 billion of net revenue in fiscal year 2011. In the second quarter of FY 2012, Tenet posted $2.27 billion in net revenue, a 6.3 percent increase from the second quarter last year.
Prior to becoming Tenet’s CFO, Mr. Cancelmi was CFO of Hahnemann University Hospital, a Tenet facility based in Philadelphia. He also has worked for PricewaterhouseCoopers in Pittsburgh and New York City.
More Articles on Hospital CFO Profiles:
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CFO Pat Gerveler: Propelling Financial Stability at Blessing Health System
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