Career path to CFO: selection, training, and placement

Abstract

Not long ago, chief financial officers (CFOs) in hospitals could focus almost exclusively on financial accounting. Today, however, financial managers must tend diverse tasks of coordination, education, and professional specialization. The authors suggest that those who desire the position of CFO would do well to couple accounting expertise with a capacity to understand ethics and mores, economics, descriptive and predictive statistics, people from diverse socioeconomic and cultural backgrounds, as well as features of disease, its prevention, and course of treatment.