JH Medical selects chief financial officer Grossi is promoted by entity now overseeing med school, health system

September 21, 1996|By M. William Salganik | M. William Salganik,SUN STAFF

Johns Hopkins Medicine, the new entity that oversees the Hopkins medical school and health system, has named a chief financial officer -- Richard A. Grossi, a financial administrator at the medical school since 1978.

Grossi, who has been senior associate dean for finance and administration for five years, will coordinate the financial offices of the health system and the school. His old position will not be filled, and he will continue to direct the medical school's (P finances, Ronald H. Peterson, acting president of Johns Hopkins Hospital and Johns Hopkins Health System, said yesterday.

Johns Hopkins Medicine was created in February, as trustees DTC and other officials decided that the competitive marketplace requires closer coordination among teaching, research and patient care.

Completion of the organizational chart for Johns Hopkins

Medicine will await the appointment of a new chief executive officer, Peterson said, although he said "one or two" more positions may be filled before the new CEO is hired. The new CEO is likely to hold the titles of president of the hospital and dean of the School of Medicine.

Peterson said finance was targeted as an early area for consolidation to help Hopkins Medicine move "toward a common bottom-line mentality."

An immediate project will be to study the consolidation of "back-office" functions -- such as billing and medical records -- at Johns Hopkins Hospital and Johns Hopkins Bayview.

"We'll probably see some downsizing in those areas," Peterson said.

Pub Date: 9/21/96

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