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Wake Forest Baptist Medical Center Names Chadwick CFO

Friday, September 18, 2009 General News J E 4
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WINSTON-SALEM, N.C., July 17 Edward G. Chadwick has been selected as executive vice president for finance and chief financial officer of Wake Forest University Baptist Medical Center, a new position created as part of the Medical Center reorganization that began two years ago. He began work July 1. Chadwick reports directly to John D. McConnell, M.D., CEO of the Medical Center.

With 30 years of experience, Chadwick is considered a national leader in health care finance, with specific expertise in systems integration, treasury management and strategic financial planning. He was formerly chief financial officer and senior vice president for Trinity Health, based in Novi, Mich. Trinity Health is the fourth-largest Catholic health care system in the U.S.

"We are very pleased that our national search was successful in identifying and recruiting an individual of the caliber of Ed Chadwick for this critically important Medical Center position," McConnell said. "Ed's career in health care finance has given him the key skills that we need to ensure Wake Forest Baptist's future success."

Chadwick, a native of Ann Arbor, Mich., holds a bachelor's degree in economics with a minor in mathematics from the University of Michigan and an M.B.A. in finance from the University of Chicago. He and his family have lived for 20 years in Bloomfield Hills, Mich.

Wake Forest Baptist (www.wfubmc.edu) is an academic health system comprised of North Carolina Baptist Hospital, Brenner Children's Hospital, Wake Forest University Physicians, and Wake Forest University Health Sciences.

The system comprises 1,056 acute care, rehabilitation and long-term care beds and has been ranked as one of "America's Best Hospitals" by U.S. News & World Report since 1993. Wake Forest Baptist also holds the Gold Seal of Approval(TM) from the Joint Commission, the nation's esteemed standards-setting and accrediting body for health care quality. Wake Forest Baptist is ranked 32nd in the nation by America's Top Doctors for the number of its doctors considered best by their peers. The institution ranks in the top third in funding by the National Institutes of Health and fourth in the Southeast in revenues from its licensed intellectual property.

SOURCE Wake Forest University Baptist Medical Center
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