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SVP, Finance:
$4B Regional Health System
A North Carolina-based, $4B regional health care system was experiencing dynamic growth and network expansion, which required significant strategic and operational financial integration. The system needed someone as the number two financial executive who could lead these efforts. It required someone with deep system integration experience, ideally having worked in an academic medical center environment, possessing an MBA, and someone who could create a culture of “systemness” throughout this relatively young organization.
The Strategy
We focused on senior financial executives across the country, who were found in systems that were well-regarded for their integration and system performance. We explored AMCs, nonprofit regional health systems, as well as for-profit healthcare system experience – typically at the corporate versus facility level. We were also intent on identifying potential candidates who had familiarity with regional financial leadership models, system conversions, and ideally those who had worked with EPIC and Lawson.
The Results
The successful candidate hit on almost every key criteria, including experience in academic and nonprofit environments, possessed an MBA from a top national program, had led system conversions with EPIC, helped create and deploy a regional financial network that was built on a backbone of centralized services, and was an ideal cultural fit with the existing leadership and network team members.