The leadership of Vanderbilt University Medical Center has hired a senior finance executive from the Duke University Health System to be its associate vice chancellor of finance.
In her new role, Cecelia B. Moore will oversee all financial and control activities at VUMC, including the Vanderbilt University hospitals and clinics, the School of Medicine and the School of Nursing. Moore had been vice president of finance and COO for the Patient Revenue Management Organization at Duke University Health System. She fills the spot vacated earlier this year by Warren Beck.
“In Cecelia, the search committee found the ideal mix of operational, financial and leadership skills to help guide and transform the support provided by the Medical Center finance team,” said CFO Brett Sweet. “We are thrilled to have her join Vanderbilt’s team.”
At Duke, Moore managed 1,400 employees and an annual budget of more than $105 million and oversaw annual collections of more than $2.7 billion. Among her major projects were the implementation of a new patient accounting and medical records system across the Duke Medicine enterprise and the rollout of online features to handle patients' business matters.
“At a time when the financial aspects of health care are growing more complex and will remain in a state of rapid change, we are delighted to have someone with Cecelia’s strong background and depth of experience join the University’s leadership team,” said Vice Chancellor for Health Affairs Jeff Balser. “We look forward to the important contributions she will make as we continue to set the course for the Medical Center’s future.”
The hiring of Moore comes as VUMC is digesting millions of dollars in the latest of a series of cost-cutting initiatives as well as hundreds of layoffs in response to federal spending and reimbursement cuts. Balser late last week addressed some questions related to those cuts in an open letter to his team.
Moore earned both her bachelor’s and Master of Health Administration degrees from Duke. Before taking on her most recent roles there, she was CFO for the Private Diagnostic Clinic at Duke University Medical Center.
“The team at Vanderbilt is ready to take on the challenge of health reform while remaining a strong and vibrant academic medical center,” she said. "I look forward to leading the finance team to support the mission, vision and values of Vanderbilt.”