Janette Townsend

Vice President Finance - CFO Finance Operations and Chief Investment Officer

Professional Overview

Janette Townsend is an accomplished finance executive with extensive experience in the healthcare industry. In her current role as Vice President Finance - CFO Finance Operations and Chief Investment Officer at Marshfield Clinic Health System, she oversees the organization's financial operations and investment strategy, driving strategic decision-making and ensuring financial stability.

Experience Summary

Current Role

As the Vice President Finance - CFO Finance Operations and Chief Investment Officer at Marshfield Clinic Health System, Janette is responsible for leading the organization's finance and investment functions. She oversees the day-to-day financial operations, including budgeting, forecasting, and reporting, while also serving as the Chief Investment Officer, managing the health system's investment portfolio and driving long-term financial growth.

Career Progression

Janette's extensive career in finance and healthcare spans over two decades. Prior to her current role, she served as the Finance Director at the City of Bend, where she was instrumental in implementing efficient financial processes and ensuring the city's fiscal responsibility. Before that, she held various leadership positions at Marshfield Clinic Health System, including Director of Treasury and Chief Investment Officer, where she successfully managed the organization's investment portfolio and optimized its financial performance.

Janette's previous experience also includes roles as a Healthcare Consultant, CFO at Care Wisconsin, and various finance positions at Salem Health, OHSU | Oregon Health & Science University, and Providence Health & Services. Her diverse background has equipped her with a deep understanding of the healthcare industry and a proven track record of driving financial excellence.

Academic Background

Janette holds a strong academic foundation, having earned a degree in Accounting from a reputable university. Her specialized knowledge and continuous pursuit of professional development have been instrumental in her career advancement and ability to navigate the complex financial landscape of the healthcare sector.

Areas of Expertise

Financial planning and analysis

Treasury management and investment strategy

Healthcare finance and reimbursement

Budgeting and forecasting

Financial reporting and compliance

Strategic decision-making

Cross-functional collaboration and leadership

Professional Impact

Throughout her career, Janette has demonstrated a strong commitment to financial optimization and strategic growth. In her previous roles, she has successfully implemented cost-saving initiatives, streamlined financial processes, and enhanced investment portfolios, contributing to the overall financial health and sustainability of the organizations she has served.

Conclusion

With her exceptional finance expertise, deep industry knowledge, and proven leadership abilities, Janette Townsend is poised to continue driving Marshfield Clinic Health System's financial success and investment strategy. Her strategic vision, combined with her collaborative approach, makes her a valuable asset to the organization and a respected leader in the healthcare finance community.