The size and structure of the finance department within health services organizations depend on the type of provider and its size. Still, the finance department within larger provider organizations generally follows the model described here.
The head of the finance department holds the title chief financial officer (CFO) or sometimes vice president–finance. This individual typically reports directly to the organization’s chief executive officer (CEO) and is responsible for all finance activities within the organization. The CFO directs two senior managers who help manage finance activities. First is the comptroller (pronounced, and sometimes spelled, “controller”), who is responsible for
1. What is the role of finance in today’s health services organizations?
2. How has this role changed over time? 3. What are the four Cs?