CFO Tim Lessing: "Money Maker" for St. Tammany Parish Hospital

Tim Lessing is more than just the CFO of St. Tammany Parish Hospital in Covington, La. — he's a "moneymaker."

Last year, New Orleans CityBusiness named Mr. Lessing as one of the New Orleans metropolitan area's top 50 "Money Makers," which recognize local finance professionals for their fiscal work and accomplishments.

Mr. Lessing helped the 223-bed hospital receive a credit rating upgrade in 2010, a time when many other hospitals and health systems were witnessing credit downgrades. Standard & Poor's bumped up St. Tammany's long-term bond rating from BBB to A, citing the hospital's "sound operating and financial indicators," "favorable business position" and "strong leadership and governance" as reasons for the upgrade.

A member of the American College of Healthcare Executives, Mr. Lessing has more than 20 years of experience in hospital leadership, business operations and financial management. Before arriving at St. Tammany, he was the CFO of Dukes Memorial Hospital in Peru, Ind., and CFO of Columbus (Wis.) Community Hospital.

Mr. Lessing is also a U.S. Air Force veteran. He served in the U.S. Air Force's Air National Guard as a medical executive officer, where he helped in the rebuilding of a New Orleans clinic following the devastation of Hurricane Katrina.

More Articles on Hospital CFO Profiles:

CFO Robin Norman: Creating Financial Stability at Virginia Hospital Center

CFO Simon Scholtz: Upgrading Lawrence Memorial Hospital in Kansas

CFO J. Dean Swindle: Securing Financing at Catholic Health Initiatives

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