COSHOCTON -- Coshocton Hospital has taken another important step toward meeting its objectives for financial recovery with addition of Scott Silvestri to the hospital's management executive team as Chief Financial Officer. In his role as CFO, Silvestri will oversee all financial elements of the hospital and its physician clinics, including accounts receivable, accounts payable, financial reporting, third party contracts, and patient financial services. He will also oversee information technology services and will have responsibility for assessing financial reporting relative to strategic planning and process improvement initiatives.
Silvestri was previously employed by Summa Southwest Region in Barberton, where he has worked as controller and then as regional controller for the $800 million subsidiary of a multi-billion dollar integrated health system. During his tenure, he successfully guided the department through multiple system conversions, identified substantial tax savings opportunities, and coordinated departmental restructuring to meet department productivity goals. His dedication to a customer service-focused culture was recognized when his department earned recognition as the Best Administrative Support Department for both 2010 and 2011.
Prior to joining Summa, Silvestri worked for 13 years for Aultman Hospital in Canton. He held several financial positions including executive director of patient financial services, serving the last four years as executive director and controller. He earned his Bachelor of Science in Accounting from The University of Akron and his Master of Business Administration from Ashland University in Ashland.
"Coshocton Hospital has made considerable strides over the past few months, providing a great start for the financial services initiatives that can further strengthen our organization," said Silvestri. "Community hospitals face many financial challenges in today's health care environment, but I am confident in the enhancements we're making that will help us succeed well into the future."
A native of Ohio, Silvestri currently resides in Navarre with his wife and three children.