Mr. Fender began serving as CFO of Larned State Hospital in August 2015. Before joining the hospital, he was CFO of the Government National Mortgage Association, which insures government-backed home mortgages.
During Mr. Fender’s time as CFO of the GNMA, the Department of Housing and Urban Development’s Office of Inspector General raised red flags about the federal loan backer’s financial statements, according to The Wall Street Journal.
When asked about the reason for Mr. Fender’s departure from Larned State Hospital, Angela de Rocha, spokeswoman for the Kansas Department for Aging and Disability Services, told The Wichita Eagle she could not comment on the issue. She said her agency has no reason to believe the hospital’s financial statements are incorrect, according to the report.
More articles on healthcare finance:
CHS spin-off Quorum Health suffers heavy losses on impairment charges
Brigham strike, Epic implementation drag Partners’ earnings
13 recent hospital outlook and credit rating actions
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
