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23. Raymond Snead FHFMA - Doctors and CFOs Can't We Just Get Along?

Creating a strong and positive collaboration between CFOs and physicians is a vital intrinsic element of success and growth in the business of healthcare.

 


Raymond Snead, FHFMA, FACHE, is a doctor of Healthcare Administration with extensive experience as CEO/CFO and a 35-year career under his belt.  His expertise includes financial leadership, strategic financial planning, business development, revenue cycle management, and knowledge in LLC organizations.  He is also the leading authority on interim executive services in the US healthcare industry.


 


Ray emphasizes the importance of creating a healthy relationship between the financial leadership team and physicians-employees in building a solid foundation of an organization.  He also shares the leadership habits and philosophies that can help finance leaders and doctors get along well.


 


“There are two kinds of authority.  There's the authority that says you know who's got the chair in the corner office, and then there's the authority that says who can and will get something done and who can make something happen.” - Raymond Snead 


 


Highlights:


  • (02:11) CFO qualifications and titles

  • (03:41) Common attitude of leadership team towards physicians

  • (10:59) Leadership habits and philosophy

  • (16:58) Work shadowing and systems management

  • (25:36) Private physician-owned practice to employee setting

  • (32:52) Benefits of interim work

  • (33:57) Advice to physicians for healthier employer relationships

 


Resources:


Douglas M. McGregor https://iwer.mit.edu/about/iwer-pioneers/douglas-m-mcgregor/


 


Connect with Ray Snead:


Website:  https://interimcfo.wordpress.com/


https://contactout.com/RaymondA-SneadJrDScFHFMAFACHE-1347418


Linkedin:  https://www.linkedin.com/in/raysnead/


Watch on Youtube:


https://youtu.be/WS3YM2ulb_4


 


Learn more about Dr. Dike and The Happy MD: https://linktr.ee/dikedrummond


 


We would love to hear your feedback.  Send us your review on Apple Podcasts/Itunes, or in other directories through this link: https://www.podchaser.com/podcasts/physicians-on-purpose-1546320



Explore physician leadership tools and strategies to stop physician burnout, enhance physician wellness and give you the power of personal influence in the C-Suite. All the tools you need to play your role in leading the charge to wellness - at three levels

  • for you
  • your teams 
  • and your entire organization.


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About the Podcast

Show artwork for Stop Physician Burnout: Physician Leadership Skills To Help Us Lead The Charge To Physician Wellness
Stop Physician Burnout: Physician Leadership Skills To Help Us Lead The Charge To Physician Wellness
Learn Simple, Powerful Physician Leadership Skills for C-Suite Influence and Peer Respect. Help Us Lead The Charge To Physician Wellness

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About your host

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Dike Drummond

Dike Drummond MD is a family doctor, ICF certified executive coach, trainer and consultant specializing in preventing physician burnout and physician leadership power skills. He is CEO and founder of TheHappyMD.com and has trained over 40,000 Physicians to recognize and prevent burnout in live trainings. He specializes in coaching for physician leaders to
- exercise influence in the c-suite
- earn the respect of your colleagues
- and incorporate Wellness and Balance on three levels: for yourself (and your family) your teams and your entire organization.
He is also a coach and advisor to Healthcare Startups whose product/service must be prescribed or delivered by physicians.