Professional Overview
Paul Pernice is a seasoned financial executive with over 20 years of experience driving strategic growth and operational excellence across the healthcare industry. As the Senior Vice President Finance/CFO at Robert Wood Johnson University Hospital Hamilton, he provides dynamic leadership in all aspects of financial management, reporting, and business transformation.
Experience Summary
Current Role
In his current role as Senior Vice President Finance/CFO, Paul is responsible for overseeing the hospital's financial strategies, reporting, and compliance. He has implemented innovative cost-saving initiatives that have improved the organization's profitability and operational efficiency. Under his financial stewardship, the hospital has maintained a strong credit rating and weathered economic challenges, positioning it for continued success.
Career Progression
Prior to his current role, Paul held progressively senior finance positions at leading healthcare institutions, including serving as the Vice President of Finance at St. Francis Medical Center and as the Controller at Virtua Health System. Throughout his career, he has demonstrated the ability to drive organizational transformation, manage complex budgets, and optimize financial performance.
Academic Background
Paul holds a Bachelor of Science in Accounting from Rutgers University and a Master of Business Administration from Rider University. He is a Certified Public Accountant (CPA) and a member of the American Institute of CPAs (AICPA) and the Healthcare Financial Management Association (HFMA).
Areas of Expertise
- Financial management and reporting
- Strategic planning and business transformation
- Healthcare industry regulatory compliance
- Budget development and cost optimization
- Mergers, acquisitions, and integration
- Risk management and internal controls
Professional Impact
Under Paul's financial leadership, Robert Wood Johnson University Hospital Hamilton has achieved significant milestones, including:
- Improving the organization's profitability by 15% over the past three years
- Securing a favorable credit rating that has enabled the hospital to access low-cost financing for critical infrastructure investments
- Implementing data-driven decision-making processes that have enhanced operational efficiency and resource allocation
Conclusion
With his proven track record of driving financial excellence and operational efficiency in the healthcare sector, Paul Pernice is a valuable asset to Robert Wood Johnson University Hospital Hamilton. His strategic vision, technical expertise, and collaborative leadership style position him as a trusted advisor and strategic partner to the organization's executive team.
