Mike Stuart got a unique opportunity in 2002, when he was asked to join the newly formed Daughters of Charity Health System.
Stuart, now 32, was working as a healthcare consultant with Deloitte & Touche when Daughters of Charity left Catholic Healthcare West to form its own system that year. The seven-hospital system had a rich 150-year-old mission of serving the poor in California. But it had no system office (it is now based in Los Altos Hills, Calif.), and no central administration.
“It was a start-up situation,” Stuart says.
He joined an eight-member team at the system level, working as a consultant on all aspects of the new organization. After nearly a year, Stuart came on full time. In 2005, he was named vice president of system finance and was promoted to chief financial officer in 2007. Among his achievements are obtaining a first-ever public bond rating for the system.