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Healthcare CFOs Must Adjust to Industry Changes, and to Their CEOs

Thursday, July 05, 2018

 

In a recent feature article for Healthcare Financial Management Association (HFMA), titled “Meet Your New Boss,” writer Jim Romeo looks at the integral role of healthcare CFO as a close and strategic partner to the CEO. He quotes various experts on the trend, including Witt/Kieffer’s Michael Raddatz.

Healthcare CFOs today are hired with much more awareness of what the executive's relationship will be with the CEO, says Raddatz. This was one of several topics regarding healthcare CFO career change touched upon in a recent interview of Raddatz by HFMA senior editor Betty Hintch, for the association's Voices in Healthcare Finance podcast series. The episode, focused around the impact of mergers and acquisitions on healthcare finance leadership, features an interview with Paula Reichle, CFO for Sparrow Health System, followed by the discussion with Raddatz (at the 26:22 mark in the podcast).

 

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