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J W Gauss

Publications and source records attributed to J W Gauss.

7 recordsLinked to original sources

A decade of change: the emerging role of the CFO.

The average senior financial executive today in a hospital or corporate healthcare setting is a 42-year-old male who has a master's degree or at least some postgraduate education and who has been in his position for six years, according to a 1991 national survey of healthcare chief financial officers (CFOs). The individual has the title of CFO, earns $82,100, and last year received incentive compensation amounting to 12.3 percent of base salary. He aspires to a higher position, although not necessarily the job of chief executive officer.

Adult↗

The CFO: a better paid, better prepared executive.

The average senior financial executive in a healthcare organization is a 41-year-old man who has been in his position for 6.1 years. The executive, who usually has the title chief financial officer, earns $62,600 a year and desires to advance to a higher position of responsibility. A new national survey provides a detailed profile of the position.

Data Collection↗

Today's stronger, tougher, smarter financial manager.

The average CFO is 40 years old and has been in his current position for six years. He (CFOs are still overwhelmingly male) earns $56,615 a year and has increasing responsibility for nontraditional finance functions such as loan administration and real estate management. Furthermore, the CFO is assuming responsibility for other areas such as medical records and contract negotiation. In his professional development, the CFO is becoming increasingly interested in strategic planning, cost accounting to determine pricing, management skills, new business development, and government reimbursement policies. In his personal development, the CFO in finding such personal traits as motivation, drive, the ability to achieve tangible benefits, and strong personal values as ingredients of a successful CFO.

Financial Management↗

Today's CFO: better educated, better paid, with more responsibility.

The average CFO is 41 years old with a master's degree. He (CFOs are still overwhelmingly male) earns $54,700 a year and has increasing responsibility over areas such as medical records, financial planning, internal audit, and reimbursement. The CFO is becoming increasingly interested in new business activities such as joint ventures and mergers, and is finding government regulations and reimbursement issues a less enjoyable aspect of the job.

Age Factors↗

A profile of the group practice administrator.

Authors Hamity and Gauss have drawn a profile of today's group practice administrator based on data collected in an independently conducted survey. A report is given on the age, education, and professional background of the 546 respondents. Types of group practice, duties, responsibilities, problematic areas, and salaries and benefits are also discussed. In conclusion, the authors have identified the current and future trends which they believe their data has brought to light.

Administrative Personnel↗