• Sat. Sep 23rd, 2023

CFOs in Well being Techniques Bear Shuffling


Sep 18, 2023
CFOs in Well being Techniques Bear Shuffling

A number of well being methods and hospitals have just lately introduced new CFOs because the fourth quarter approaches. Amongst them are UPMC, MetroHealth, and Keck Medication of USC.

Beginning on October 1, Frederick Hargett will tackle the position of government vice chairman and CFO of UPMC, a 40-hospital system primarily based in Pittsburgh. He can be succeeding Edward Karlovich, who has been with UPMC since 1990 and introduced his retirement earlier this yr. Hargett joins UPMC from Novant Well being in Winston-Salem, N.C., the place he served as government vice chairman and CFO for 15 years. Throughout his tenure at Novant, the group’s income grew from $1.5 billion to $8 billion, and it now has 16 hospitals.

Cleveland-based MetroHealth has appointed Derrick Hollings as government vice chairman and CFO, efficient September 18. Hollings brings greater than 30 years of economic expertise at tutorial and security internet hospitals, and he served as CFO of Hennepin Healthcare in Minneapolis for the final seven years. He takes over from Geoff Himes, who got here out of retirement in March to function interim CFO and was beforehand MetroHealth’s chief accounting officer and vice chairman of finance.

Keck Medication of USC in Los Angeles has named Chris Allen as its CFO, efficient August 31. Allen had beforehand served because the system’s interim CFO and was previously CFO of Keck Medical Middle. He performed a vital position in guiding the system by way of monetary challenges throughout the top of the COVID-19 pandemic. Allen has additionally served as CFO of Adventist Well being Glendale Medical Middle and interim CFO of the College of California Irvine Medical Middle.