Elena Barberis, CPA, has taken on the significant challenge of serving as Vice President of Finance for two distinct health systems: Trinity Health Holy Cross Health in Fort Lauderdale and St. Mary’s Health Care System in Athens. With over 18 years of experience in healthcare finance leadership, Barberis emphasizes the importance of organization, collaboration, and strategic foresight. Her career trajectory, including her rise through the ranks at Jackson Health System, has prepared her for this dual role. Barberis highlights the need for robust financial support teams and ongoing monitoring of economic and regulatory changes. She advocates for a collaborative approach, ensuring that finance is not an isolated function but an inclusive conversation within the organization.

The Power of Organization and Team Support

Barberis's success in managing two health systems hinges on meticulous organization and the strength of her support teams. The complexity of handling diverse payer mixes, population metrics, and operational challenges requires a high level of organizational skill. Barberis has cultivated these skills throughout her career, enabling her to maintain oversight of both institutions effectively. The presence of well-coordinated finance teams provides the necessary backing to manage such extensive responsibilities.

In-depth planning and coordination are indispensable in Barberis's dual role. From tracking financial performance metrics to aligning operational goals, her organized approach ensures that no detail is overlooked. This methodical strategy extends beyond just keeping records; it involves proactive measures to anticipate and address potential issues. For instance, understanding the unique characteristics of each health system allows Barberis to tailor her strategies accordingly. Moreover, the support of her teams plays a crucial role. These teams offer specialized knowledge and assistance, which is vital for maintaining efficiency and effectiveness across both locations. Barberis acknowledges that having a reliable team is like having a village of support, making it possible to handle the multifaceted demands of her position.

Collaboration and Strategic Partnerships

A key aspect of Barberis's leadership style is her emphasis on collaboration. She believes that effective communication and teamwork are essential for navigating the complexities of healthcare finance. By fostering relationships with colleagues who may not typically engage in financial discussions, Barberis creates an environment where finance is accessible and understandable. This inclusive approach strengthens decision-making processes and enhances overall organizational performance.

Barberis's collaborative approach is particularly evident in her relationship with CFO Michael Gussow, who oversees four regional locations. Their partnership exemplifies how strong leadership can thrive through mutual support and shared knowledge. Gussow has been instrumental in helping Barberis acclimate to her new roles, providing valuable insights and guidance. This mentorship has been invaluable, allowing Barberis to leverage her experiences and adapt to the challenges of managing multiple health systems. Looking ahead, Barberis remains vigilant about regulatory changes and reimbursement models, recognizing the impact they have on hospital margins and operational sustainability. She underscores the importance of fair negotiations with payers, especially as costs continue to rise amidst inflationary pressures. By staying informed and adaptable, Barberis ensures that both health systems remain resilient and financially sound.