SMH Appoints next Chief Financial Officer

SMH Appoints next Chief Financial Officer

Friday, May 27, 2022

SARASOTA, Fla. (May 27, 2022) – Sarasota Memorial Health Care System has appointed Jeff Limbocker – a healthcare executive with more than 20 years of financial leadership – to become its next chief financial officer, effective Oct. 3, 2022.

Limbocker will succeed William Woeltjen, who is retiring at the end of the year. Woeltjen, who has served 12 years as Sarasota Memorial's CFO and three previous years as treasurer, will remain a key member of the SMH executive team as he guides and advises Limbocker through the transition.Sarasota Memorial Health Care Systems current CFO, William Woeltjen

Under Woeltjen's financial management, Sarasota Memorial facilitated the largest expansion in its nearly century of service, opening its new hospital in Venice and the Oncology Tower on the Sarasota campus last year and embarking on a critically needed behavioral health pavilion and outpatient oncology pavilion this year, all while navigating escalating costs and supply and staffing challenges caused by the COVID-19 pandemic. In recent years, SMH also constructed the Courtyard Tower and Rehabilitation Pavilion and created a Trauma Center and physician residency programs, important additions to the Sarasota campus supported by the system's financial stability.

"Bill has been an invaluable member of our leadership team whose contributions have strengthened our health system and benefitted our entire community," said David Verinder, president and CEO of Sarasota Memorial Health Care System. "We have two very big shoes to fill, and I want to thank Bill for his dedication and strategic guidance the past 15 years and his ongoing support as we welcome Jeff, another longtime financial executive, to our organization and community."

Limbocker comes to Sarasota from Baton Rouge, LA, where he has worked in leadership roles with the Franciscan Missionaries of Our Lady Health System since 1995. He served as executive vice president and chief financial officer of the not-for-profit, multi-hospital system for the past three years, and previously served 10 years as regional CFO for the health system's Baton Rouge market and Lady of the Lake Medical Center.

Over the past 25 years, Limbocker shepherded the Lousiana hospital and health system through industry initiatives, challenges and change. His expertise and experience encompass financial management of safety-net programs for the uninsured and medically underserved, developing and testing innovations in research and graduate medical education, forming joint ventures and public partnerships, and overseeing myriad fiscal responsibilities involved in managing revenue cycle, supply chains, insurance contracts and other day-to-day functions of a mission-based, multi-hospital system.Jeff Limbocker

One of several candidates recruited by an executive search firm, Limbocker says he was drawn by SMH's national reputation, quality of care, longstanding public mission and sound strategic planning.

"I feel very fortunate to have worked for one great mission-based health system for many years, and to be continuing my career at another great mission-based health system," Limbocker said. "I am looking forward to joining the Sarasota Memorial team and the opportunity to help guide the health system as it continues to evolve and meet the needs of this growing region."

About Sarasota Memorial Health Care System

Sarasota Memorial Health Care System, offering Southwest Florida’s greatest breadth and depth of care, provides services for more than 1 million patients each year across its 2 hospital campuses, freestanding ER, and network of outpatient and urgent care centers. Founded in 1925, the system’s 895-bed flagship facility, Sarasota Memorial Hospital-Sarasota, has been consistently recognized as one of the nation’s best acute-care hospitals, with superior patient outcomes and a complete continuum of care — from trauma, emergency and urgent care to diagnostic testing and imaging services, skilled nursing and rehabilitation. SMH-Venice, the health system's second acute-care hospital, is a full-service hospital that opened in November 2021 to serve the rapidly growing south Sarasota County communities. Learn more at smh.com.

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