23. Raymond Snead FHFMA - Doctors and CFOs Can't We Just Get Along?
Creating a strong and positive collaboration between CFOs and physicians is a vital intrinsic element of success and growth in the business of healthcare.
Raymond Snead, FHFMA, FACHE, is a doctor of Healthcare Administration with extensive experience as CEO/CFO and a 35-year career under his belt. His expertise includes financial leadership, strategic financial planning, business development, revenue cycle management, and knowledge in LLC organizations. He is also the leading authority on interim executive services in the US healthcare industry.
Ray emphasizes the importance of creating a healthy relationship between the financial leadership team and physicians-employees in building a solid foundation of an organization. He also shares the leadership habits and philosophies that can help finance leaders and doctors get along well.
“There are two kinds of authority. There's the authority that says you know who's got the chair in the corner office, and then there's the authority that says who can and will get something done and who can make something happen.” - Raymond Snead
Highlights:
- (02:11) CFO qualifications and titles
- (03:41) Common attitude of leadership team towards physicians
- (10:59) Leadership habits and philosophy
- (16:58) Work shadowing and systems management
- (25:36) Private physician-owned practice to employee setting
- (32:52) Benefits of interim work
- (33:57) Advice to physicians for healthier employer relationships
Resources:
Douglas M. McGregor https://iwer.mit.edu/about/iwer-pioneers/douglas-m-mcgregor/
Connect with Ray Snead:
Website: https://interimcfo.wordpress.com/
https://contactout.com/RaymondA-SneadJrDScFHFMAFACHE-1347418
Linkedin: https://www.linkedin.com/in/raysnead/
Watch on Youtube:
Learn more about Dr. Dike and The Happy MD: https://linktr.ee/dikedrummond
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