Which statement regarding the finance department of large healthcare organizations is correct?

The statement that the finance department of large healthcare organizations is headed by the chief financial officer is correct. In these organizations, the CFO plays a crucial role in overseeing the financial operations, which includes financial planning, monitoring cash flow, and ensuring that the organization's financial strategies align with its overall goals. The CFO is a key member of the executive team and is responsible for managing the finance department, which may include roles like accountants, analysts, and a comptroller, indicating that finance is integral to the organization's operations.

The CFO's leadership is essential for maintaining financial health and regulatory compliance, as well as for providing strategic insights that affect policy and operational decisions. Additionally, the presence of a CFO underscores the importance of financial management in a healthcare setting, where funding, budget management, and financial accountability are critical for sustainability and patient care quality.