CPS appoints new chief financial officer
As CFO, Daniel will be responsible for accounting and finance, treasury and cash management, planning and budgeting, and asset management.
"As hospitals and systems of all sizes transform themselves in a rapidly evolving marketplace, many are realizing that pharmacy operations play a pivotal role in that process, and they are turning to CPS as the industry leader in hospital pharmacy solutions," CPS CEO Don Nickleson said. "That's led to accelerated growth opportunities for CPS and the need for a CFO of Sam Daniel's caliber. I've known Sam for years and I am confident that he will provide CPS with the strategic financial leadership we need to support our growth and continued high level of service to our clients."
Daniel has more than 35 years of finance and accounting experience. He was the chief financial officer for American Pathology Partners, and has wide experience in specialty pharmacy and specialty lab areas of the industry.
"The dynamics in the hospital marketplace today are such that CPS is well positioned to provide hospitals of any size anywhere in the country with new savings and revenue opportunities, and improved clinical and patient satisfaction results,” Daniel said. “I'm looking forward to helping the CPS team meet the needs of their existing and new clients while providing the financial infrastructure to achieve CPS' growth objectives."