Anthony Speranzo still serves as CFO of parent organization Ascension. Anderson, as CFO of Ascension Health, will oversee the financial operations of Ascension’s largest subsidiary and work closely with Speranzo and the rest of the Ascension finance team.
“Rhonda’s extensive background in healthcare finance, along with her passion for our mission of serving all persons with special attention to those who are poor and vulnerable, make her an ideal choice as we adapt to the changing healthcare environment and transform into a truly integrated national ministry,” Ascension Health CEO Robert Henkel said in a release.
Ascension, a Catholic-based system with more than 100 hospitals, is on pace for approximately $20 billion in revenue for its fiscal 2014, ended June 30. It posted a $476.4 million operating surplus on more than $15 billion in revenue for the nine months ended March 31 (PDF), good for a 3.2% operating margin. Ascension’s total surplus in that nine-month period reached almost $1.4 billion.
Ascension is often viewed as a bellwether in the not-for-profit healthcare sector because of its size and scope. When it comes to growing the system, Ascension has recently moved away from the typical merger-and-acquisition strategy, instead focusing on joint ventures and affiliations.
Follow Bob Herman on Twitter: @MHbherman
Have news to share about executive comings, goings or promotions? E-mail News Editor John N. Frank at [email protected].
