Susan Newton
Chief Financial Officer
Professional Overview
Susan Newton is a seasoned financial executive with over 30 years of experience in the healthcare industry. As the Chief Financial Officer at Ascension, she is responsible for overseeing the company's financial operations, strategic planning, and risk management initiatives. Her expertise spans across financial reporting, cash flow management, budgeting, and regulatory compliance.
Experience Summary
Current Role
Susan has been serving as the Chief Financial Officer at Ascension since May 2024. In this role, she is spearheading the organization's financial transformation, driving initiatives to improve operational efficiency, enhance financial controls, and ensure long-term sustainability. Under her leadership, Ascension has achieved significant cost savings and improved its overall financial performance.
Career Progression
Prior to joining Ascension, Susan held the position of Chief Operating Officer at Broward Health North from 2018 to 2023. In this role, she was instrumental in streamlining operations, implementing process improvements, and overseeing the successful integration of acquired healthcare facilities. Before that, she served as the Chief Financial Officer at Imperial Point Medical Center, a Broward Health facility, from 2005 to 2018. Earlier in her career, Susan held finance-related roles at Community Health Systems, Surgical Health Corporation, and Good Samaritian Medical Center.
Academic Background
Susan holds a Bachelor's degree in Accounting from the University of Florida and a Master's degree in Business Administration from the University of Miami. She is a Certified Public Accountant (CPA) and has completed several executive leadership programs at prestigious institutions.
Areas of Expertise
- Financial management and reporting
- Strategic planning and budgeting
- Healthcare operations and process optimization
- Risk management and regulatory compliance
- Merger and acquisition integration
Professional Impact
Under Susan's leadership, Ascension has achieved significant improvements in its financial performance, including a 12% increase in operating margins and a 20% reduction in debt-to-equity ratio. She has also spearheaded the implementation of a new enterprise resource planning (ERP) system, which has streamlined financial reporting and decision-making processes.
Conclusion
With her extensive experience, proven track record of success, and deep understanding of the healthcare industry, Susan Newton is poised to continue driving Ascension's financial strategy and positioning the organization for long-term growth and sustainability.