Clinton, N.C.-based Sampson Regional Medical Center has named Mike Ostrander CFO, succeeding Jerry Heinzman, who is moving into an advisory role after 21 years leading the hospital’s finances.
Mr. Ostrander joins Sampson Regional from Gloversville, N.Y.-based Nathan Littauer Hospital & Nursing Home, where he served as CFO. His background has “provided firsthand insight into the challenges rural hospitals face and the important role they play in supporting the health and economic well-being of their communities,” Sampson Regional said in an Oct. 22 news release.
In his advisory role, Mr. Heinzman will provide institutional knowledge and experience to support the organization during the CFO transition, according to the release. Sampson Regional credited Mr. Heinzman with strengthening the hospital’s finances and helping it remain an independent community hospital through significant challenges.
“His conservative approach to financial leadership brought stability to the hospital and helped strengthen its financial foundation,” Sampson Regional Controller Cameron Chancy said in the release. “He understood that investing in employees goes beyond compensation. It means creating opportunities for people to grow, feel valued and develop both personally and professionally.”
