Inova makes acting CFO permanent

After serving in an acting capacity since March, Rick Talento is now Inova Health’s permanent chief financial officer, the Falls Church-based regional health system announced Wednesday.

Talento will continue to be responsible for the system’s financial operations and will also be responsible for planning and forecasting.

“I am honored to be named chief financial officer of Inova,” Talento said in a statement. “This is an exciting time to be part of an organization that is deeply committed to excellence in patient care, innovation and community impact.”

Talento, who has 35 years of finance experience, joined Inova as corporate controller in the mid-’90s. After 10 years, he left Inova to enter the private equity sector and later served as a hospital senior vice president and CFO at Ascension, a health system based in St. Louis.

Talento returned to Inova in 2013 and has held several leadership positions since, including vice president of finance for Inova Mount Vernon, Inova Alexandria and Inova Fairfax hospitals. Before he was named acting CFO, Talento oversaw finance for Inova’s acute hospitals and service lines.

“We are thrilled to have Rick assume the role of chief financial officer,” Inova President and CEO Dr. J. Stephen Jones said in a statement. “Rick brings not only a wealth of experience and a proven track record of strategic financial leadership but also a deep institutional knowledge of Inova’s financial operations.”

Talento holds a bachelor’s degree in accounting from the University of Maryland and is a certified public accountant.

Inova Health has more than 24,000 employees across its five hospital campuses and multiple other care facilities, including Northern Virginia’s only Level 1 trauma center. The system treats more than 1 million patients a year, with more than 4 million patient visits annually.