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Analysis

Reading Hospital Names New CFO

By Jack O'Brien  
   October 09, 2020

Reyngoudt joined Tower Health in 2018 as CFO of Brandywine Hospital.

Reading Hospital – Tower Health announced the appointment of Mark Reyngoudt, MBA, as CFO Friday morning.

Reyngoudt joined Tower Health in 2018 as CFO of Brandywine Hospital. He has more than 20 years of experience as a healthcare CFO, notably serving at UPMC Pinnacle Carlisle.

Related: Key to Healthcare Transformation? Reading Hospital's CFO Says 'Visionary Leadership'

Reyngoudt is a graduate of both the University of Texas - Tyler and Ambassador University. He serves on the board of directors for the Western Chester County Chamber of Commerce.

Tower, like many health systems, suffered significant financial losses related to the COVID-19 pandemic.

In June, the Pennsylvania-based system announced that it was cutting 1,000 jobs due to rising cost pressures related to the virus.

Related: Nonprofit Providers Rely on Financial Discipline to Sustain Success

Jack O'Brien is the finance editor at HealthLeaders, a Simplify Compliance brand.


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