Tampa General Hospital CFO Mark Runyon Named an Academic Medical Center CFO to Know
Published: Aug 24, 2023Runyon, executive vice president and chief financial officer, is being recognized by Becker’s Hospital Review for excellence in financial strategy.
Tampa, FL (Aug. 24, 2023) – Tampa General Hospital (TGH) announced that Mark Runyon, executive vice president and chief financial officer, has been named by Becker’s Hospital Review to its list of “Academic Medical Center Chief Financial Officers to Know” for 2023. Runyon was one of only three CFOs named from the state of Florida and his inclusion on the list reflects his substantial impact in optimizing the academic health system’s operational efficiency and integrity, ensuring the organization’s continued growth and stability.
“This well-deserved national recognition demonstrates Mark’s extraordinary leadership and unwavering dedication to creating an atmosphere of financial stability, safety and innovation while finding new ways to enhance financial performance and operational efficiencies system-wide,” said John Couris, president and CEO of Tampa General Hospital. “It’s clear to everyone who has the privilege of collaborating with him that he is deeply committed to the academic health system and supporting the team’s efforts in delivering cutting-edge medical education, research breakthroughs and world-class care for our patients and community.”
Runyon’s recognition by Becker’s follows the recent announcement that Tampa General signed an agreement to acquire the Bravera Health network, a strategic initiative in which Runyon has played a leading role. The acquisition includes three acute care hospitals and their related businesses in West Central Florida’s Citrus and Hernando counties.
Runyon joined TGH in 2020 with a focus on innovation, financial stability, performance and operational efficiency. Tampa General has continued to innovate and expand under Runyon’s financial leadership, providing a positive environment for both patients and all team members, even during the COVID-19 pandemic. Tampa General has experienced growth and enhanced financial performance over the past few years, with net revenue increasing by more than $1 billion since 2017.
Over recent years, the academic health system has expanded to more than 130 locations, many of which are located in the Tampa Medical and Research District. The district now includes the new freestanding emergency department named the TGH Kennedy Emergency Center, the TGH Rehabilitation Hospital in collaboration with LifePoint Health, and the TGH | USF Health Precision Medicine Biorepository, among many other assets. Additionally, Tampa General broke ground on the TGH Behavioral Health Hospital on Aug. 21 with plans to open later next year.
Also critical to Tampa General’s community impact is its academic partnership with the USF Health Morsani College of Medicine, which Runyon has supported through continued strategic investments. Tampa General is the primary teaching hospital for the College of Medicine — an affiliation that started when the school was created in the early 1970s and continues to grow today. A recent and notable collaboration includes the expansion of world-class research by the TGH-USF Health Office of Clinical Research, which initiates, operates, and coordinates clinical trials that look at new ways to prevent, detect and treat disease.
“I am immensely proud of the work our Tampa General team does to teach the next generation of health care providers, drive research and innovation, and constantly improve the quality of — and access to — care for patients,” Runyon said. “It’s an honor to be recognized by Becker’s and to be included in an impressive cohort of financial leaders who are shaping the future of academic health systems nationwide.”
The Becker's Hospital Review “Academic Medical Center Chief Financial Officers to Know” list recognizes exemplary chief financial officers at academic medical centers. Runyon and the full list of honorees can be found here.