New Healthcare Financial Management Association Chair Melinda Hancock Takes Office
The Healthcare Financial Management Association (HFMA) inducted Melinda S. Hancock, FHFMA, CPA, into office as Chair of its Board of Directors for the 2015-2016 term, during HFMA’s annual conference in Orlando, Fla. Her term began on June 1, 2015.
Hancock is Partner at Dixon Hughes Goodman LLP, in Richmond, Va. In this role, Hancock’s executive leadership includes responsibility for development of services pointed to the mandatory elements of payment reform (i.e., value-based purchasing, readmissions, and hospital-acquired conditions), shared savings models, governmental and commercial bundled payments, and the Medicare innovation model. She leads team members who are addressing some of the most pressing business issues facing U.S. healthcare organizations, including the provider journey to risk capability and implementation of advanced payment models that advance crucial institutional Triple Aim objectives.
“Melinda’s experience and expertise will help us bring different stakeholders together around value improvement in health care,” said HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. “Melinda is dedicated to helping healthcare organizations shape a better healthcare system for the benefit of consumers and other care purchasers.”
Hancock was previously senior vice president and chief financial officer of Bon Secours Virginia Health System. She has authored or co-authored several articles on finance’s role in clinical transformation and professional development in the value-based payment era.
A member of HFMA since 1994, Hancock has served on the Association’s National Advisory Councils, the Regional Executives Council, the Board of Directors, and the Executive Committee. She also served the Virginia Chapter as Director, Secretary, President-elect, and President. Hancock is a recipient of HFMA’s Follmer Bronze, Reeves Silver, and Muncie Gold merit awards and the Founders Medal of Honor.
Hancock, a Fellow of HFMA and a certified public accountant, holds an MBA from the University of Phoenix and a Bachelor of Science degree in accounting from the College of William and Mary, Williamsburg, Va.
Other new Board officers for 2015-2016 include Chair-elect Mary Mirabelli, Vice President, Global Healthcare Services/HP Enterprise Services, Hewlett Packard, Nashville, Tenn., and Secretary-Treasurer Carol Friesen, Vice President of Health System Services, Bryan Health, Lincoln, Neb.
Additionally, three newly elected members joined the HFMA Board for a three-year term ending in 2018:
- Penny D. Cermak, FHFMA, CPA, Senior Vice President, Central Texas Division CFO, Baylor Scott & White Health, Temple, Texas
- Edward G. Chadwick, Executive Vice President and CFO, Henry Ford Health System, Detroit, Mich.
- Tammie L. Galindez, Vice President, Client Management, Conifer Health Solutions, Frisco, Texas
Healthcare Financial Management Association
With more than 40,000 members, the Healthcare Financial Management Association (HFMA) is the nation's premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. We help healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Our mission is to lead the financial management of health care. hfma.org