CHCC contracting CFO through consulting firm

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Almost seven months has past and the Commonwealth Healthcare Corp. still has no financial chief to assist in the corporation’s finances.

CHCC chief executive officer Esther Muña said that they are finally looking at possibly hiring one individual to become the corporation’s financial chief through a healthcare consulting company.

Former CHCC CFO Jack Taitague resigned from the post in August last year, just a few months after being hired.

Muña told Saipan Tribune Wednesday via email that they are considering hiring a former hospital CFO. She did not disclose the individual’s name as the contracting process still ongoing.

“He will have the same roles and responsibilities as the interim CFO, which includes preparing the monthly financial statements, working with the auditors, updating the charge master, among many others,” Muña said.

“The experience of this former hospital CFO is extremely valuable for CHCC as it continues to improve its services,” she added.

Last October CHCC chose a candidate from the U.S. mainland but the recruitment didn’t pan out. That candidate had experience working for the Centers for Medicare and Medicaid Services’ finance and reimbursement department.

CHCC earlier inked a financial management contract with the Pacific Health Officer Association, or PIHOA, to help with the corporation’s finances.

Muña said they are also looking for a controller to help with the more detailed operations of the hospital such as account payables, working with financial auditors, and assisting the financial chief.

As of now, Cora Ada is the acting CFO.

Jayson Camacho | Reporter
Jayson Camacho covers community events, tourism, and general news coverages. Contact him at jayson_camacho@saipantribune.com.

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