Broward Health Coral Springs Promotes VP of Finance to CFO

Modesto Gato was named chief financial officer following three years as associate vice president of finance.

Broward Health Coral Springs, a Florida-based healthcare provider with $960 million in net patient revenue, has promoted Modesto Gato to the role of chief financial officer, following his three-year tenure as the hospital’s associate vice president of finance.

“Modesto has a proven record of budgeting and long-term financial forecasting that will help us further enhance the services and care we provide the Coral Springs community,” Jared Smith, CEO of Broward Health Coral Springs, said in a release announcing the promotion.

As associate VP of finance Gato was responsible for the hospital’s accounting, he oversaw the operating and budget process and supported the health system in the development of financial strategies. He joined the health system in 2016 as regional director of finance at Broward Health Medical Center. He also served as regional director of financial management for Broward Health.

Before joining Broward Health, Modesto spent eight years with Miami Children’s Hospital, where he served as Director of Financial Planning and Budget, according to LinkedIn. There he oversaw Miami Children’s Hospital’s finance analytics department, where he was responsible for analyzing the hospital’s data requests and preparing the hospital’s long-term financial forecasts and strategic initiatives.

Amanda Schiavo is the Finance Editor for HealthLeaders.

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