Jamie Gibbs will be the new chief financial officer at Medical City Alliance. She has nearly 14 years of financial management experience in the healthcare industry, and will be responsible for overseeing capital expansion projects, budgeting, planning, and facility operations.
Gibbs will also be ethics and compliance officer at Medical City Alliance. Prior to this role, she was assistant controller, controller, and as vice president of finance for Medical City Arlington and Medical City North Hills. In these positions, she collaborated with Medical City facilities in Tarrant county to create a five-year market growth plan.
Hospital finances have had a tumultuous couple years. With interrupted elective procedures in 2020 followed by federal stimulus and Payment Protection Program loans via the CARES Act, hospital executives have had to be on their toes. Earlier this year, Medical City Healthcare parent company HCA Healthcare announced that it would return $6 billion in federal stimulus relief. The company’s fourth quarter profits topped its 2019 totals, and the company posted $3.75 billion profits on $51.5 billion in revenue, both up from 2019.
“Jamie has a proven track record within the healthcare field, as well as within Medical City Healthcare,” says Glenn Wallace, CEO at Medical City Alliance via release. “Her breadth of experience will benefit Medical City Alliance at a time when we are growing to meet increasing healthcare needs in the rapidly expanding north Fort Worth community.”
Gibbs also worked for the HCA Healthcare/Parallon Shared Services Center in San Antonio, and graduated as valedictorian with a double major in Business Administration and Psychology from St. Edwards University in Austin.