Walter Ted Shaw
, Board of GovernorsWalter “Ted” Shaw is chief financial officer and associate vice president for medical financial affairs at the Miller School of Medicine and UHealth - University of Miami Health System.
Over his nearly four decades as a finance executive, Shaw has built an impressive track record of success as he turned around failing hospitals, completed numerous company acquisitions totaling more than $600 million in assets, recommended and implemented outpatient growth strategies, negotiated contracts with major health care institutions and firms, worked with unions to streamline labor costs and boost productivity, and improved revenue cycle, supply chain and information technology services for health care organizations.
Shaw, who is a certified public accountant and a fellow of the Healthcare Financial Management Association, has served in numerous leadership capacities within the health care industry. Most recently, he was partner with Dallas-based Financial Resource Group, LLC, a position from which he was contracted as interim chief financial officer and interim chief operating officer for UM affiliate Jackson Health System. He also served as chief transition officer in charge of overseeing the health system’s change in chief executive officers. In his first six months at Jackson, Shaw and his staff achieved the highest patient collections in the system’s history even as patient volume declined. He improved the accuracy of financial reporting to the Miami-Dade Board of County Commissioners, and oversaw a reduction in annual expenditures of more than $140 million.
Shaw, who has spent most of his career in Dallas, worked in senior positions in organizations in that city, including partner in charge of health care for Ernst & Young’s Southwest Region, senior vice president for management services at Epic Healthcare Group, chief operating officer at Care Systems Corp., and senior principal at William M. Mercer, Ltd. He also served as chief executive officer of Maricopa Integrated Healthcare System in Phoenix, and twice as interim chief financial officer at New Orleans’ East Jefferson General Hospital — from 2001 to 2003 and again from 2008 to 2010, in the post-Hurricane Katrina years.
Shaw completed his undergraduate business education at the University of Texas, Austin. He served as president of the South Texas and Lone Star Chapters of the Healthcare Financial Management Association, treasurer of the national board of Big Brothers Big Sisters, treasurer of the Board of the Metropolitan Dallas Visiting Nurse Association, and is a graduate of Leadership Dallas.