Hospital CFO: Ulrich out, Manglona in - KUAM.com-KUAM News: On Air. Online. On Demand.

Hospital CFO: Ulrich out, Manglona in

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 by Jolene Toves

Guam - It was a bittersweet day at the Guam Memorial Hospital as hospital management announced the resignation of their chief financial officer and the welcoming of a relationship which will aid in their cash flow. GMH chief financial officer Alan Ulrich tendered his resignation. His last day on the job is next Friday, October 31.

And with Ulrich's announcement from the Guam Memorial Hospital, DOA's Director Benita Manglona will be filling in as the acting CFO. The hospital's Administrator Joseph Verga hopes that with her joining his team the two agencies will be able to work stronger and more efficiently together.

It was exactly two weeks ago when Governor Eddie Calvo announced that he was sending Manglona to the hospital to help solve the agency's financial problems. Verga said, "It was before I even knew that Alan was leaving us that I really approached Benita and the Governor about having Benita join us even temporarily to help us out so this has been something that I have planned even before knowing Allan was leaving to help GMH develop a much closer coordinated relationship."

Verga says the hospital's cash flow is very dependent on three agencies: GMH, Public Health and Department of Administration. "Part of the reason I asked initially for Benita to come here with her knowledge of government to help the three different separate agencies to come closer and be more integrated so that's certainly is one of the main things she will be dealing with because it will bring certainly cash flow to the hospital much quicker and then also avoid billing delays and also avoid the discrepancies in the billing delays," he said.

Ulrich is working closely with Manglona to ensure that the progress that he has made which includes fiscal solvency, reducing a number of compliance matters raised in audits, and upgrading the hospital's process systems and financial areas continue after he leaves.

Manglona said, "There is a lot of process improvements that is ongoing that needs to be continued but there is also a lot of reconciliation efforts that must be started or has started already and we need to move that forward with the different agencies there is currently a system conversion I have to ensure that one is successful."

Manglona says that at this time she is also conducting an assessment and has ideas of what needs to be done in order for the hospital be successful. She officially takes over as interim CFO on November 1.
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