In a nod to the growing complexities of health care finances, the University of Rochester Medical Faculty Group (URMFG) has tapped international financial expert Daniel Cavallo, M.B.A., C.P.A., as its senior financial director. This is a newly created position for URMFG, which is made up of 1,200 physicians dedicated to clinical care, research, teaching and community service. URMFG is the largest medical faculty group outside of the New York city region and several of its specialty programs were recently recognized by US News and World Report.
“As a new financial landscape emerges from healthcare reform, including new reimbursement methodologies and an emphasis on contracts tied to performance, it’s vital that URMFG has a seasoned financial professional at the helm,” said URMFG CEO Michael F. Rotondo, M.D., F.A.C.S. “Dani will also play a critical role in our continued quest to develop as a resilient, integrated multispecialty practice rooted in fiscal discipline and organizational alignment.”
Cavallo will report directly to URMFG’s CEO, and will function as a key member of URMC’s senior financial team under the leadership of URMC’s Chief Financial Officer David Kirshner. He’ll also work with department leadership to facilitate growth and meet financial metrics, and will direct the activities of URMFG’s Finance, Business and Contracting divisions.
With more than two decades of financial experience, Cavallo is uniquely suited for this position. He comes to URMFG from Emory Healthcare in Atlanta, where he served as director of financial services for Emory’s Physician Group Practices. He also held an adjunct instructor position at its Rollins School of Public Health, teaching financial and managerial accounting for not-for-profit and for-profit organizations. While at Emory, his accomplishments included implementation of a new financial management system; introducing a new reporting, budgeting and cost accounting system; and developing web-based productivity analytics.
Prior to his tenure at Emory, Cavallo’s broad base of experience includes a variety of audit and accounting positions of increasing responsibility in private and public international organizations both in the United States and in Europe. He holds an MBA from Emory University and a bachelor of science in Accounting/Swiss CPA from the Swiss Accountancy Academy in Zurich, Switzerland.
Cavallo resides in Pittsford with his wife and two young daughters.