Hackensack CFO outlines $5B plan for innovation and growth
Becker's Healthcare November 18, 2024
Although Bob Glenning, president of the financial and digital technology services division and CFO of Edison, N.J.-based Hackensack Meridian Health, plans to retire in just under a month, his passion to ensure long-term success for the health system has not wavered.
From investments in technology, partnerships and expanded care access, Becker’s connected with Mr. Glenning to discuss the health system’s bold, over $5 billion capital plan and how the system plans to achieve a 5% operating margin goal in 2025.
Editor’s note: Responses have been lightly edited for clarity and length.
Question: What do you feel is the largest financial challenge facing the healthcare industry right now? How can we combat it?
Robert Glenning: Healthcare faces a significant...