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Former Florida System CEO Dies – Becker’s Hospital Review

by Dr. Michael Lee โ€“ Health Editor
written by Dr. Michael Lee โ€“ Health Editor

G.Duncan Finlay, MD, former Sarasota Memorial Health Care system CEO, Dies at 85

G. Duncan Finlay, MD, a former physician and the esteemed CEO of Sarasota Memorial Health Care System, has died at the age of 85. his extensive career left a significant mark on the healthcare institution and the community it serves.

G. Duncan Finlay, MD, a former physician and the esteemed CEO of Sarasota Memorial Health Care System, has died at the age of 85.His extensive career left a significant mark on the healthcare institution and the community it serves.

Dr. finlay began his tenure at Sarasota Memorial Health Care System in 1972, joining as a pulmonologist. His dedication and leadership quickly became apparent, leading him to serve as chief of staff during the 1980s.

he later advanced to hold positions such as vice president of medical affairs and chief medical officer. In 2000, Dr. Finlay assumed the role of president and CEO, a period marked by significant “turmoil and change” for the health system, according to a July 25 news release.

Sarasota Memorial CEO David Verinder expressed profound gratitude for Dr. Finlay’s contributions. “Dr. Finlay was a brilliant

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Health

Pullman Regional CFO Retirement: Steve Febus Announces Departure

by Dr. Michael Lee โ€“ Health Editor
written by Dr. Michael Lee โ€“ Health Editor

Pullman regional Hospital CFO Steve Febus Announces Retirement After 38 Years

Table of Contents

World Today News Staff | Published: July 17, 2024 | Modified: July 17, 2024

Pullman Regional Hospital is preparing for a significant leadership change as Chief Financial Officer Steve Febus announced his upcoming retirement.After an extraordinary 38-year career with the institution,Febus plans to step down in January 2026. His tenure has been marked by considerable growth and conversion for the regional healthcare provider.

During his nearly four decades at Pullman Regional,Febus held various pivotal roles,including controller,director of revenue cycle and fiscal,and ultimately,CFO.He played an instrumental part in the hospital’s evolution from a modest facility with a small emergency department and no physicians to a comprehensive regional medical center. Today, the hospital supports over 50 physicians and 16 clinics, a testament to its expanded services and reach.

Febus’s leadership guided Pullman Regional through numerous capital projects and service expansions. He was also instrumental in the hospital’s transition to a new, modern facility, significantly enhancing its capabilities and patient care offerings.His contributions have been vital to the hospital’s success and its ability to serve the community effectively.

Did You Know? โ€ฆ

Mr. Febus’s 38-year commitment represents a significant portion of Pullman Regional hospital’s history and advancement.

Pro Tip: Understanding the financial leadership’s long-term vision is crucial for appreciating a hospital’s growth trajectory.

The hospital has initiated a national search for a new CFO, aiming to fill the position by late 2025. This transition period will allow for a smooth handover of responsibilities and ensure continued financial stability and strategic planning for Pullman Regional Hospital.

Key Milestones in Steve Febus’s Tenure
Role Approximate Tenure Key Contributions
Controller Early Years Established foundational financial processes.
Director of Revenue Cycle and Fiscal Mid-Tenure Optimized revenue streams and fiscal management.
Chief Financial Officer (CFO) Later Years Oversaw major capital projects, service expansions, and facility transition.

the search for a new CFO is a critical step in ensuring the hospital’s continued success.Interested candidates can find more information on the hospital’s career portal. For insights into hospital financial management, resources from the american Hospital Association offer valuable perspectives.

How has the growth of regional hospitals like Pullman regional impacted healthcare access in your community?

what qualities do you believe are most significant for a hospital CFO to possess during times of expansion and change?

evergreen Insights: Hospital Financial Leadership

The role of a Chief Financial Officer in a hospital is multifaceted, extending beyond customary accounting. CFOs are integral to strategic planning, capital allocation, and ensuring the financial health of the organization.This includes managing complex billing systems, negotiating with insurance providers, and securing funding for new technologies and facilities. Long-term financial stewardship is essential for a hospital’s ability to adapt to evolving healthcare landscapes and maintain its commitment to patient care.

The transition in leadership at Pullman Regional Hospital highlights a common trend in healthcare, where experienced executives frequently enough retire after decades of dedicated service. this creates opportunities for new talent and fresh perspectives, while also necessitating robust succession planning to ensure continuity.

Frequently Asked Questions about Pullman Regional Hospital’s CFO Transition

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