Board of Directors
Paul Truscott is currently a Vice President at Ross Memorial Hospital (RMH). As Chief Financial Officer (CFO), he is responsible for the development of the hospital’s operating and capital budget and provides strategic leadership in financial and utilization decisions that contribute to corporate strategic direction, long-term planning, and capital expenditures. Beyond Finance, his portfolio also includes Admitting and Registration, Health Records and Decision Support. As Integrated Chief Information Officer (CIO) for both RMH and Haliburton Highlands Health Services, Paul provides Senior Team IS/IT leadership at both organizations where he is currently focused on the implementation of a new regional Clinical information System (CIS).
Paul is a seasoned corporate development executive focused on enhancing growth & margin, with extensive experience in financial planning & analysis, business plan development, partnership creation & maintenance and long-term strategic planning. He has spent his entire 25+year career within health care.
After starting his career in the genetics laboratory at Lakeridge Health, he held various corporate development roles in private sector biopharma, lab services and medical device companies where he established a significant track-record of completing a wide range of agreements across a variety of healthcare market/technologies. More recently, upon returning to the hospital sector, Paul gained significant public sector finance experience with senior positions at Markham Stouffville Hospital, William Osler Health System, Headwaters Health Care Centre and Humber River Hospital. In these roles, he demonstrated strong financial leadership through the management of several large-scale projects.
Paul holds a BSc (Molecular Biology) from the University of Toronto, an MLT (Cytogenetics) from the Michener Institute, an MBA (Finance, Marketing) from Schulich School of Business and is a designated Certified Professional Accountant (CPA). He also recently completed Rotman’s CFO Leadership Program and is currently completing Schulich’s Healthcare Leadership Development Program and obtaining his Certified Healthcare Executive (CHE) designation.
Paul joined the Yee Hong Board of Directors in 2016 and is currently Treasurer and Secretary of the Board as well as Treasurer of the Yee Hong Community Wellness Foundation. He is also Chair of the Resources Committee and member of the Innovation & Development Committee.