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Jeffrey Francis Appointed CFO of Methodist Health SystemPublished: March 9, 2016
OMAHA — A veteran senior executive with an extensive background in health care finance has been named vice president of finance – chief financial officer for Methodist Health System.
Jeffrey Francis comes to Methodist with 25 years of financial management experience obtained through a variety of health care organizations throughout the nation.
Most recently, he served as chief administrative and financial officer of Ministry Healthcare in Milwaukee, Wisc., a 1,200 bed and 15 hospital health care system. Among his accomplishments was the implementation of a cost reduction program that reduced expenses by $45 million.
Prior to Milwaukee, Francis worked at Parkview Health in Fort Wayne, Ind., where he began as director of accounting/controller and was later named senior vice president, finance and chief financial officer.
“Jeff’s experience in health care finance certainly was a qualification that stood out to us during the search process,” said John Fraser, president and CEO of Methodist Health System. “His track record for success wherever he has been translates to someone who clearly understands the health care industry and the importance of a sound financial base. We are excited to have him on board.”
Francis is no stranger to Omaha. He earned his master’s in business administration from Creighton University. Francis began his career at First National Bank in Omaha, was operations director for Alegent Health and then worked as a senior manager in finance for Marriott International.
Francis replaces Linda Burt who retired earlier this month after serving as CFO for Methodist the past eight years. During her tenure, Burt oversaw the dramatic improvement in the financial performance of Methodist Health System, providing significant revenue enhancement and cost savings results. She was recognized nationally for her efforts by Becker’s Hospital Review.