October 1, 2023 9:32 pm
CFOs in Well being Systems Undergo Shuffling

Various wellness systems and hospitals have lately 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 part of executive vice president and CFO of UPMC, a 40-hospital technique primarily based in Pittsburgh. He will be succeeding Edward Karlovich, who has been with UPMC because 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, helpful September 18. Hollings brings extra than 30 years of monetary 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, helpful August 31. Allen had previously served as the system’s interim CFO and was formerly CFO of Keck Health-related Center. He played a important part in guiding the technique via monetary challenges for the duration of 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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