Richmond University Medical Center has announced David Murray, MBA, FHFMA, as its new Senior Vice President and Chief Financial Officer. Murray brings over 25 years of healthcare finance expertise to RUMC. He replaces Joseph Saporito who held the same position at the hospital for the past 5 years and retired in September of this year.
“David joins our team at an exciting time for our hospital given all our on-going expansion projects, most notably our new emergency department which will open in spring of 2022,” president and chief executive officer, Daniel J. Messina, PhD, FACHE, said. “David’s expertise will be vital to our decision making process as we continue to expand our inpatient, outpatient, and specialty services to meet the healthcare needs of our communities, and fulfill our mission of improving the overall health of Staten Island’s residents.”
Prior to joining the senior administration at RUMC, Murray was Vice President of Finance for the Inspira Health Network, which services patients in five counties of New Jersey. The Inspira Health Network has three medical centers, five health centers, and over 150 locations. Prior to joining Inspira, he spent three years at UPS Supply Chain Solutions, formerly Livingston Healthcare Services Inc., where his responsibilities included financial management of the pharmaceutical distribution service line. Prior to that, he spent five years at Virtua Health System, formerly Memorial Hospital of Burlington County.
At RUMC, Murray will work with senior administration and board of trustees on the strategic vision of the hospital including fostering and cultivating stakeholder relationships on city, state, and national levels, as well as assisting in the development and negotiation of contracts. He will also hold a critical role in developing new business ventures, identifying new funding opportunities, developing and maintaining systems of internal controls to safeguard financial assets, oversee federal awards and programs, and supervise the management and coordination of all fiscal reporting activities.
Murray holds a Bachelor’s Degree in Accounting from Rider University and an MBA from Eastern University. He is also a New Jersey Certified Public Accountant and a Fellow in the Healthcare Financial Management Association.