After almost a two-year search for a chief financial officer for the public hospital, the Commonwealth Healthcare Corp. may soon appoint one to the hard-to-fill post following the endorsement of the hiring of a candidate from Hawaii.<\/p>\n
Interim CEO Esther Mu\u00f1a disclosed that she found a \u201cperfect candidate\u201d to fill the position and that person is expected to be on island very soon for an initial visit and interview.<\/p>\n
Mu\u00f1a did not disclose the name of the candidate but she is convinced that the individual is capable of turning around the corporation\u2019s financial situation because of the person\u2019s strong background in managing the finances of many healthcare systems in Hawaii.<\/p>\n
She described the candidate as a retiree and might agree to come to the CHCC on a special contract.<\/p>\n
Mu\u00f1a admitted that she endorsed the candidate\u2019s hiring despite not meeting the requirement that requires at least a master\u2019s degree in business administration and five years experience in healthcare finances.<\/p>\n
\u201cHe doesn\u2019t meet the requirements of the law because he doesn\u2019t have the master\u2019s degree, but he worked in the healthcare systems and he went through healthcare systems with the same situation like ours. So for me, he\u2019s a perfect candidate because he\u2019s somebody who has the credentials that can really help us,\u201d Muna told the board Thursday.<\/p>\n
Based on the job announcement made available to both local and off-island applicants, the corporation proposes a two-year contract, with a salary offer ranging from $100,000 to $150,000 per annum. The corporation received 32 applications for the post.<\/p>\n
As to who will shoulder the salary of the CFO, that has yet to be determined pending a meeting with Gov. Eloy S. Inos, who earlier pledged to pay for the salaries of both CEO and CFO positions for the hospital.<\/p>\n
Mu\u00f1a disclosed that based on her initial inquiry about the CFO salary issue, she was made aware that there\u2019s only $70,000 available for the position.<\/p>\n
\u201cMaybe that $70,000 [salary] is enough for the candidate [from Hawaii] if he\u2019s not here 365 days in a year. But I would like to hire him even if he doesn\u2019t meet the requirements [of the law],\u201d said Mu\u00f1a.<\/p>\n
Board trustee Philip Mendiola-Long indicated that he first wants to make sure if CHCC has the capability to pay the CFO in case the Executive Branch decides not to fund the position.<\/p>\n
\u201cWe\u2019re talking about $150K or $120K or $70K. With our cash flow right now, can we afford that salary every month?\u201d asked Mendiola-Long, who participated via teleconference.<\/p>\n
\u201cTo be honest with you, I think we can afford it,\u201d assured Mu\u00f1a, referring to the $70,000 target salary. After hearing this, Mendiola-Long urged his fellow trustees to work with the Legislature right away to propose changes to Public Law 16-51, which created the corporation and set the hiring requirements for its officials.<\/p>\n
For vice chairman Pete Dela Cruz, the hiring of the CFO is the \u201ccall of the CEO\u201d and he affirmed his support as well.<\/p>\n
He asked board chair Joaquin Torres to clear once and for all the issue on the CFO salary and meet with Inos once he returns from off-island business.<\/p>\n","protected":false},"excerpt":{"rendered":"
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