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:
CFO James Gravell Jr.: Helping to Drive Catholic Health Partners’ Grade-A Finances
CFO Pat Gerveler: Propelling Financial Stability at Blessing Health System
CFO Scott Wooten: Financial Footing for the New Alegent Creighton Health
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
