Banking & Finance, Health Care, and Human Resources

CHE Trinity Health names CFO

April 9, 2014
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CHE Trinity Health names CFO
Ben Carter. Courtesy CHE Trinity Health

The Michigan-based parent of a health care system in the region has appointed a new chief financial officer.

CHE Trinity Health, a multi-institutional Catholic health care system in Livonia, said yesterday that it has named Benjamin Carter its CFO and executive vice president of finance.

Mercy Health, the multi-campus health care system serving the West Michigan market, is one of the regional health ministries of CHE Trinity Health.

CHE Trinity Health is a consolidation of Trinity Health and Catholic Health East and serves in 21 states, with more than 85 hospitals and 109 continuing-care facilities, home health and hospice programs.

Carter will oversee a range of system-wide financial functions: management and reporting, budget development and revenue cycle management, strategic financial and capital planning, debt management, investor relations, insurance and risk management and treasury services.

Carter said it’s an honor and privilege to be able to serve CHE Trinity Health.

“Sound financial management during these challenging times is essential to advancing our mission,” Carter said.

Health care finance background

Carter has more than 25 years of experience in health care finance.

Carter joined Trinity Health in 2010 from the Detroit Medical Center, where he served as chief operating officer and executive vice president.

Previously, Carter spent nearly 20 years in executive-level positions at Oakwood Healthcare in Dearborn.

Carter is a magna cum laude graduate of the University of Michigan, where he earned an M.B.A. and bachelor’s degree in business administration.

He’s a certified public accountant and a fellow of the Healthcare Financial Management Association.

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Dr. Richard Gilfillan, president and CEO of CHE Trinity Health, said Carter is a trusted financial leader throughout the national system, with both investors and within the health care financial community.

“After talking with top candidates from across the country, Ben stands out as a proven leader who will help our team meet the current challenges of health care finance and implement innovative financial strategies to allow us to deliver better health, better care and better value to the communities we serve,” Gilfillan said.

Gilfillan added that the CFO role is critical in advancing the health care system’s mission to provide top care during a time of health reform and reimbursement-model changes.

“His keen ability to strategically manage and forecast will play an integral role in continuing the financial strength of CHE Trinity Health and our ability to serve the health needs of people across the nation,” Gilfillan said.

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