CFO Janice Burnett oversees financial strategy at Marriottsville, Md.-based Bon Secours Health System as the system aims to convert its holding company model into a more centralized system for its facilities spanning six states.
The 19- hospital system — which includes its owned and joint venture hospitals — took in $3.2 billion in patient revenue in fiscal year 2012, according to Moody's Investors Service, which assigned an "A3" rating to $900 million in debt in December 2012. Bon Secours' operating cash flow margin has grown 1.5 percentage points between FY 2011 and FY 2012 to 8.8 percent. Key to its centralization initiative is its large-scale IT infrastructure known as ConnectCare that is being installed across the system.
Ms. Burnett came to Bon Secours in 2007 as vice president of operations finance, rising to CFO in March 2012. Previously, she was senior director of strategic finance and operations with St. Louis-based Ascension Health, the largest Catholic health system in the U.S. She also held financial leadership roles within St. Louis-based BJC HealthCare.
Ms. Burnett, a CPA, served in the U.S. Air Force before her career in hospital finance. She holds a bachelor's degree from Wright State University and an MBA from Maryville University.
If you have more information or updates for this profile or would like to recommend a leader to be profiled in the future, please contact Lindsey Dunn, editor in chief, Becker's Hospital Review at ldunn@beckershealthcare.com.
CFO Michael Reney: A Career Committed to Brigham and Women's Hospital
CFO Donald Lorton: Climbing Higher at Carilion Clinic
The 19- hospital system — which includes its owned and joint venture hospitals — took in $3.2 billion in patient revenue in fiscal year 2012, according to Moody's Investors Service, which assigned an "A3" rating to $900 million in debt in December 2012. Bon Secours' operating cash flow margin has grown 1.5 percentage points between FY 2011 and FY 2012 to 8.8 percent. Key to its centralization initiative is its large-scale IT infrastructure known as ConnectCare that is being installed across the system.Ms. Burnett came to Bon Secours in 2007 as vice president of operations finance, rising to CFO in March 2012. Previously, she was senior director of strategic finance and operations with St. Louis-based Ascension Health, the largest Catholic health system in the U.S. She also held financial leadership roles within St. Louis-based BJC HealthCare.
Ms. Burnett, a CPA, served in the U.S. Air Force before her career in hospital finance. She holds a bachelor's degree from Wright State University and an MBA from Maryville University.
If you have more information or updates for this profile or would like to recommend a leader to be profiled in the future, please contact Lindsey Dunn, editor in chief, Becker's Hospital Review at ldunn@beckershealthcare.com.
More Articles on Hospital CFO Profiles:
CFO Cass Wisniewski: Michigan Mainstay at Hurley Medical CenterCFO Michael Reney: A Career Committed to Brigham and Women's Hospital
CFO Donald Lorton: Climbing Higher at Carilion Clinic