Chris­tus ap­points Safady its new ex­ec­u­tive VP, CFO

Modern Healthcare - - Late News -

Chris­tus Health, Irv­ing, Texas, named Randy Safady its new ex­ec­u­tive vice pres­i­dent and chief fi­nan­cial of­fi­cer. Safady, 55, cur­rently ex­ec­u­tive vice pres­i­dent and CFO of Cen­tura Health, En­gle­wood, Colo., re­places Jay Her­ron, se­nior vice pres­i­dent and CFO, who will be leav­ing Chris­tus as part of a man­age­ment re­or­ga­ni­za­tion (See story, p. 20). Her­ron will act as a con­sul­tant to Chris­tus im­me­di­ately fol­low­ing his de­par­ture. In its lat­est fis­cal year ended June 30, 2010, Chris­tus re­ported net in­come of $63.2 mil­lion on net pa­tient rev­enue of $3.3 bil­lion, an im­prove­ment from the pre­vi­ous year’s net loss of $266.4 mil­lion on rev­enue of $3.1 bil­lion, a year that in­cluded $223.3 mil­lion in in­vest­ment losses.

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