Key leaders at RWJBarnabas Health and Virtua Health were among 30 pairings honored by Becker’s Hospital Review of the top CEO-CFO pairings.
CEO Mark Manigan and CFO Frank Pipas from RWJBarnabas Health were honored, as were CEO Dennis Pullin and CFO Bob Segin at Virtua Health.
In recent years, health care organizations nationwide have navigated complex challenges like workforce shortages and the economic fallout of the Covid-19 pandemic. According to Becker’s, these dynamic CEO-CFO duos have tackled those issues head-on, blending innovation with results-driven decision-making to foster resilience, growth and sustainability within their healthcare organizations.
Here’s a look at the writeups for the two pairings:
Manigan-Pipas: Manigan and Pipas have helped West Orange-based RWJBarnabas Health strengthen its operational and financial performance while fostering a unified organizational culture. Over the past year, they have integrated a new mission, vision and values systemwide, enhancing engagement and aligning strategic goals across the organization.
Their leadership has driven a financial turnaround, achieving $290 million in operating income in 2024, a significant improvement from an $86 million loss in 2023. Focused on quality, patient satisfaction and operational efficiency, they continue to navigate industry challenges, including regulatory changes and labor shortages, all while maintaining financial stability.
Their efforts have also earned RWJBarnabas Health recognition as one of “America’s Best-In-State Employers” by Forbes in 2024.
Together, Manigan and Pipas are positioning the health system for long-term success through strategic alignment and financial discipline.
Pullin-Segin: Pullin and Segin’s leadership of Marlton-based Virtua Health has resulted in transformative growth, with the system expanding to five hospitals, 350 care locations, and a workforce of 14,000 following the 2019 Lourdes Health System acquisition.
Their leadership secured New Jersey’s first “AA-” credit rating for a health system, with Fitch upgrading its outlook to positive in 2024. In partnership with Rowan University, they established the Virtua Health College of Medicine & Health Sciences, which includes the state’s only osteopathic medical school and multiple new research institutes.
They launched South Jersey’s first proton therapy center, a $45 million facility offering cutting-edge radiation treatment, and expanded the number of ambulatory surgery centers from 34 to 42, with 18 ranking in Newsweek’s “Top ASCs for 2025” list.
Their community investments include the $24 million Oliver Station affordable housing and medical complex in Camden, and a second mobile pediatric van, increasing services by 70% to 10,000 visits annually.
