The health system names Greg Hoffman as interim CFO
RENTON, WASH. Aug. 14, 2020 – Providence, one of the largest health systems in the country, today announced the departure of CFO Venkat Bhamidipati, who has accepted a role with a technology company in the Bay Area, where his family lives. Greg Hoffman, the organization’s chief transformation officer, will serve as interim CFO effective Sept. 1.
“Venkat played a pivotal role in accelerating our vision for transforming health care. While we are incredibly sad to see him go, this move will allow him to return to the technology sector, challenge himself in a new way, and be in a place he calls home. The opportunity he has accepted does not come along often, and I look forward to celebrating his future success and sharing news of our own with him,” said Rod Hochman, M.D., Providence president and CEO.
Bhamidipati joined Providence from Microsoft three years ago and played a pivotal role in accelerating the health system’s vision for transformation. He was instrumental in designing bold partnerships to improve care delivery and ease the way of caregivers. He led efforts to modernize and streamline the system’s administrative processes. And he developed an enterprise strategy for supporting the organization’s Mission by sharing services and solutions with other health systems.
The organization plans to take its time searching for a permanent CFO. In the meantime, Dr. Hochman said, “We are blessed with a strong leadership team, which will ensure a smooth transition and a focus on stability.”
Having been with Providence for four years, Hoffman previously served as group vice president for financial planning and analytics before taking on his most recent position, which focuses on accelerating the transformation of the health system’s operating models. Hoffman has more than 20 years of experience in finance, operations, strategy and transformational change. Prior to joining Providence, he served as head of corporate finance at Visa. He also held leadership roles in finance and operations at T-Mobile and has worked for HP and Deloitte Consulting.
Providence is a national, not-for-profit Catholic health system comprising a diverse family of organizations and driven by a belief that health is a human right. With 51 hospitals, 1,085 physician clinics, senior services, supportive housing and many other health and educational services, the health system and its partners employ more than 120,000 caregivers serving communities across Alaska, California, Montana, New Mexico, Oregon, Texas, and Washington, with system offices in Renton, Wash., and Irvine, Calif. Learn about our vision of health for a better world at Providence.org.
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