The News Herald (Willoughby, OH)

Hospice of the Western Reserve names new CFO

- Staff Report

Jeff Kovacs has been named chief financial officer for the Hospice of the Western Reserve.

Jeff Kovacs has been named chief financial officer for the Hospice of the Western Reserve.

He succeeds longtime CFO John Harvan, who retired earlier this year.

In his new financial leadership role, Kovacs leads the accounting and finance functions of the nonprofit agency, including financial reporting, budgeting, banking relationsh­ips and general business operations, according to a news release.

Prior to the appointmen­t, Kovacs served as Hospice’s director of finance for four years, where he led the accounts payable, accounting, payroll and procuremen­t operations teams, the release stated.

“Jeff’s long-term vision has produced ongoing operationa­l efficienci­es and ensured successful annual audits for Hospice of the Western Reserve,” President and CEO Bill Finn stated in the release. “As a healthcare industry finance and operations expert with more than 20 years of solid strategic planning skills, he is well-qualified to provide the financial leadership our organizati­on needs to continue to thrive in a challengin­g healthcare environmen­t.

“His financial leadership skills and deep technology industry knowledge will drive process improvemen­ts and build revenue to support our programs well into the

Kovacs future.”

Kovacs is the former director of finance and revenue cycle management for Akron General Hospital, where he oversaw financial and billing operations of a multispeci­alty physician group with more than 200 providers.

He holds a bachelor’s degree in business administra­tion and an MBA in healthcare from Baldwin

Wallace College. Kovacs is a licensed certified public accountant and has served as treasurer and as a member of the board of directors for the American College of Healthcare Executives’ Northern Ohio Chapter, the release stated.

He is an active member of the Ohio Society of CPAs and the American Institute of Certified Public Accountant­s.

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