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Mark Teresi

Division Senior Vice President & Chief Financial Officer

Professional Background

Mark Teresi is an accomplished financial officer, known for his extensive career in the health care industry, particularly in public hospitals, medical schools, and entrepreneurial non-profit health systems. With a strong expertise in financial management, Mark has held key leadership roles in various prominent health organizations, where he has consistently demonstrated his commitment to delivering quality, safe, and efficient patient care. His career is marked by an impressive trajectory where he has effectively navigated the complexities of the health care economic and legislative landscape.

Throughout his career, Mark has served in pivotal roles that showcase his exemplary skills in financial leadership. Currently, he is the Senior Vice President and Chief Financial Officer (CFO) for the Texas Division at CommonSpirit Health & CHI Texas, where he provides strategic financial oversight to enhance operational efficiency. Previously, he has held the title of Chief Financial Officer at Sutter Health in the Bay Area, a role in which he played a vital part in financial planning and strategic management.

His career further includes significant leadership positions as the Chief Financial Officer at Augusta University Health, and Gundersen Health System, where he was also the Senior Vice President and Chief Financial Officer as well as Vice President of Revenue Cycle. Mark's extensive experience is complemented by his time as the North Texas Division Senior Vice President and Chief Financial Officer at Baylor Scott & White Health and at Texas Health Resources as Senior Vice President and Chief Financial Officer. Additionally, he has contributed to the University of Texas Southwestern Medical Center at Dallas as an Administrative Services Officer, culminating a well-rounded career in health care finance.

Education and Achievements

Mark Teresi's academic background lays a robust foundation for his professional accomplishments. He earned his Bachelor of Science degree in Accounting from the prestigious Boston College, where he honed his financial acumen. Following his undergraduate education, he furthered his knowledge by pursuing a Master of Business Administration (MBA) with a specialization in Health Care Administration/Management from the University of Dallas. This unique combination of education equips him with both the technical skills required in finance and a deep understanding of health care management.

In addition to his formal education, Mark is a Certified Public Accountant (CPA) licensed in the State of Texas. This certification not only underscores his expertise in accounting but also reflects his commitment to maintaining high professional standards in financial governance and strategy in the health care sector. His qualifications, paired with his vast experience, make him a respected leader in the industry, known for his ability to foster clarity and direction within diverse teams and achieve organizational objectives efficiently.

Achievements

Mark Teresi has been recognized for his leadership and strategic approach in various capacities throughout his career. His ability to adapt to changing economic environments and legislative alterations in the health care sector has established him as a valuable asset to the organizations he has served. His proactive approach ensures that the financial strategies align with the overarching goals of the health systems, enhancing not only operational effectiveness but also the quality of patient care delivered.

Mark’s strong partnership skills have enabled him to work effectively with stakeholders outside of his organizations. He has built lasting relationships with individuals and entities that are critical to the success of health care delivery. Through collaboration and teamwork, he has been able to navigate complex partnerships and drive initiatives that directly impact patient care outcomes.

In summary, Mark Teresi is a dedicated financial officer with a wealth of experience in the health care industry. His educational background in accounting and health care management, along with his leadership in various top-tier health organizations, uniquely positions him to lead financial strategies that support quality and efficiency in health care delivery. With an unwavering commitment to excellence, Mark continues to make significant contributions to the field and remains a strong influence on financial governance in health care.

Related Questions

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Mark Teresi
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Location

Dallas, Texas