WittKieffer has been retained by Lifespan located in Providence, RI, to identify the organization's next Chief Financial Officer (CFO).
With $2.1 billion net patient revenues, Lifespan is the state's first and largest health system. Lifespan is an academic health system affiliated with Warren Alpert Medical School of Brown University. Lifespan's partners include Rhode Island Hospital, including Rhode Island Hospital's pediatric division, Hasbro Children's Hospital, The Miriam Hospital, Bradley Hospital, Newport Hospital, and Gateway Healthcare.
In September 2020, LifeSpan and Care New England announced a letter of intent to merge. This combined system will create a Rhode Island-based, nonprofit academic medical center with Brown University. The new system will include seven hospitals, offering a full complement of specialty, women’s and children’s, and behavioral health, and visiting nurse services, research, and education. More than 23,500 employees will serve the people of Rhode Island and Southeastern New England, from prenatal care and delivery to elder care. While next stage regulatory steps will take place in 2021, if approved, this merger will even further expand the impact of this leadership role in helping integrate these two health systems.
Reporting directly to the President and Chief Executive Officer of Lifespan, Timothy Babineau, M.D., the CFO will lead all matters related to finance across the health system. The CFO is responsible for advising and supporting the executive team and Board of Directors. The CFO will enhance the role that finance will play in developing and advancing strategies, while also ensuring standard and accurate reporting capabilities are embedded within Lifespan. The CFO will play a key role in operational excellence and performance improvement activities, and look for ways to enhance overall efficiencies through benchmarking and standardization. She/he will ensure there is financial rigor and seamless coordination of business plans, pro forma development, and all growth?related activities. This position is strongly oriented toward establishing a transparent, collaborative, strategic partner role with the executive leadership team, finance team, and Board of Directors.
The next CFO will be a strong leader and mentor with a proven track record of leading high-performing, service-oriented organizations, as well as relishing dual transformation in the areas of cost containment and growth. Stylistically, the CFO will be both collaborative and decisive, contributing broadly across Lifespan. The CFO will need to be equally comfortable presenting to the Board of Directors and local operating unit teams. Providing balance between strategic and operational finance will be critical to the future success of this executive. The next CFO needs to have the ability to function effectively in a fast-paced environment with a rapidly growing health system, and enjoy making a meaningful impact through their efforts.
Interested parties should direct all nominations and resumes to the consultants supporting this search, Paul Bohne, Tom Quinn, and Keshia Harris through the WittKieffer Candidate Portal by clicking here. For additional questions, please contact Keshia Harris preferably via email at email@example.com.