Current CFO Steve Oglesby is retiring after three decades with the organization.
Baptist Health—the largest health system in Kentucky with almost 500 total staffed beds and over $3 billion in total patient revenue—has announced that healthcare finance industry veteran Rick Carrico will take over as CFO for the retiring Steve Oglesby.
Oglesby is stepping down following 30 years of service at Baptist Health. Currently, Carrico is the CFO for WakeMed Health and Hospitals in Raleigh, North Carolina where he is responsible for finance, including planning, analytics, information systems technology, revenue cycle, managed care contracting, and strategic business planning.
"I am honored to join the Baptist Health team as chief financial officer," Carrico said in a release announcing his new position. "It is exciting to return to Kentucky, where I was born and raised, and my healthcare career began. Given the challenges of today’s healthcare industry, I look forward to furthering Baptist Health’s mission to provide high-quality care and improve the health of the Kentucky and southern Indiana communities they serve."
Previously, Carrico served as vice president and CFO of the Greater Hudson Valley Health System in Middletown, New York from 2014 to 2017. From 2011 to 2014, he was the executive vice president and CFO of Springstone LLC, in Louisville, a developer, and operator of a national network of behavioral health hospitals.
"Rick Carrico has the background that we were looking for—experience with bond rating agencies, strategy development, investment management, treasury, the workings of a complex healthcare organization, and the desire to take on a new challenge," Gerard Colman, Baptist Health CEO said in the release. "He will be joining us as Baptist Health expands access to our healthcare facilities and continues to execute our key strategies while strengthening our financial position."
Amanda Schiavo is the Finance Editor for HealthLeaders.