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Within FCH, there are two separate financial departments supporting the medical and insurance divisions. The Chief Financial Officer (CFO) sits within the medical division and, with the financial team, is accountable for the performance of both divisions. Planning and auditing (internal and external) are performed by the CFO and the financial team. Day-today financial activities, including monthly consolidation is performed within each division. The CFO and team in the medical financial division are responsible for producing FCH’s consolidated financial statements as well as the strategic forecasting activities. The medical division’s financial functions are further broken into sub-departments: accounts payable, accounts receivable, procurement, collections and reimbursements. The insurance division has a similar financial structure but also manages premium payments and awards claims against policies. A centralized corporate payroll group sits in the medical division.

Payroll works closely with the HR departments in both divisions to calculate accurately staff work hours, set salary or hourly rates, manage vacation and sick leave time, ensure adherence to the appropriate tax laws, and dispersal of paychecks. As both divisions are heavily regulated, there is a strict internal and external auditing program to ensure compliance.

Currently, the medical Information Technology (IT) department reports to the CFO. There is growing internal support to restructure and hire a CIO to send a message to the entire organization that IT is responsible for innovation and developing solutions to fit today’s digital environment.