James Staten, executive vice president and CFO of Yale New Haven Health System in New Haven, Conn., has been named CFO of the University of Southern California in Los Angeles.
Here are eight things to know about Mr. Staten.
1. He will begin his new job Jan. 19.
2. As the top financial officer at USC, Mr. Staten will oversee USC's budget and planning, treasury services, the university comptroller, financial and business services, Keck Medicine of USC finances, capital construction and facilities management services, and information technology services.
3. At YNHHS, he served in the roles of executive vice president and CFO of YNHHS; treasurer of the boards of YNHHS and Yale-New Haven Hospital; and board chairman of Medical Center Insurance Co.
4. During his tenure at YNHHS, Mr. Staten led organizational transformations that included launches of systemwide information technology and data analytics, along with cultural integration activities. He also assisted in developing all healthcare strategies for YNHHS, including overseeing the formation of a large physician foundation and developing visionary strategies for acquiring physicians. Additionally, he managed the critical financing that led to the successful opening of the Smilow Cancer Hospital at Yale New Haven in 2010, and the development and execution of all managed care contracting strategies.
5. Previously, Mr. Staten was senior vice president of finance at NewYork-Presbyterian Hospital and NewYork-Presbyterian Healthcare System, both in New York City. Before that, he was vice president of financial planning.
6. Earlier in his career, Mr. Staten directed Ernst & Young's NYS Revenue Cycle Consulting Services and was a partner at accounting firm Pannell Kerr Forster.
7. He has served on the finance committee for the Connecticut Hospital Association.
8. Mr. Staten replaces Robert Abeles, who recently announced his retirement from USC.
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