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Parkland leader named CFO of the Year for health care

Local publication honors Walter 'Ted' Shaw for his work
DALLAS – Walter “Ted” Shaw has been named Dallas Business Journal’s CFO of the Year for health care. Shaw, who has served as Parkland Health & Hospital System’s Executive Vice President and Chief Financial Officer since July 2012, received the honor Oct. 24.

Shaw was honored for his work at Parkland which includes responsibilities beyond finance. He serves as Parkland’s representative as anchor for Region 9 under the Texas Medicaid 1115 Waiver, which involves all large health care provider systems in Dallas, Denton and Kaufman counties. The program has the potential to bring more than $1 billion in health care funding to North Texas through innovation and transformation projects that involve all hospitals in the area.

In addition, Shaw oversees the construction of the largest health care project in the nation, the new Parkland Hospital. The $1.3 billion, 2.5 million square-foot project will replace the current facility that has been operating since 1954.

“It’s quite an honor to be recognized with this award,” Shaw said. “But it’s a team effort and I’m fortunate to be surrounded by a group of very talented individuals.”

In his work at Parkland, Shaw has emphasized team-building, targeting performance, quality and growth. Drawing on his extensive prior experience as a health care consultant and leader at four academic medical centers, Shaw has implemented a results-driven approach at Parkland, building stakeholder alliances internally and among county, state and community partners.

“This honor for Ted Shaw is a well-deserved acknowledgment of his enormous contributions not only to the financial health and operational stability of the Parkland system, but also to health care for communities throughout North Texas. We are extremely proud of his accomplishments during his tenure at Parkland and grateful for his sound and solid leadership during challenging times,” said Robert L. Smith, Parkland’s interim CEO.

Shaw is a graduate of The University of Texas, Austin where he received a Bachelor of Business Administration (BBA) degree in Accounting.
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For Further Information Contact:
April Foran
214.590.8054
April.Foran@phhs.org