• Sun. Oct 1st, 2023

CFOs in Well being Systems Undergo Shuffling


Sep 18, 2023
CFOs in Well being Systems Undergo Shuffling

A number of wellness systems and hospitals have not too long ago announced new CFOs as the fourth quarter approaches. Amongst them are UPMC, MetroHealth, and Keck Medicine of USC.

Beginning on October 1, Frederick Hargett will take on the function of executive vice president and CFO of UPMC, a 40-hospital program primarily based in Pittsburgh. He will be succeeding Edward Karlovich, who has been with UPMC due to the fact 1990 and announced his retirement earlier this year. Hargett joins UPMC from Novant Well being in Winston-Salem, N.C., exactly where he served as executive vice president and CFO for 15 years. For the duration of his tenure at Novant, the organization’s income grew from $1.five billion to $eight billion, and it now has 16 hospitals.

Cleveland-primarily based MetroHealth has appointed Derrick Hollings as executive vice president and CFO, powerful September 18. Hollings brings much more than 30 years of economic practical experience at academic and security net hospitals, and he served as CFO of Hennepin Healthcare in Minneapolis for the final seven years. He requires more than from Geoff Himes, who came out of retirement in March to serve as interim CFO and was previously MetroHealth’s chief accounting officer and vice president of finance.

Keck Medicine of USC in Los Angeles has named Chris Allen as its CFO, powerful August 31. Allen had previously served as the system’s interim CFO and was formerly CFO of Keck Health-related Center. He played a vital function in guiding the program by way of economic challenges throughout the height of the COVID-19 pandemic. Allen has also served as CFO of Adventist Well being Glendale Health-related Center and interim CFO of the University of California Irvine Health-related Center.

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