Vanderbilt University Medical Center Finance

Ryan Johnson, Associate Director
Vickie Randle, Administrative Manager
3319 West End Ave., Suite 700
(615) 343-9908

Fixed Assets & Leases

What we do:

The Fixed Assets, Lease and Debt Accounting team is responsible for ensuring accuracy of financial information related to VUMC property, plant, and equipment. The team supports institution-wide activities pertaining to acquiring, transferring, and disposing of assets in accordance with related VUMC policies and procedures. Specific functions include the following:

  • Ensuring compliance with VUMC capitalization policy
  • Assisting with capital budgeting, authorizations, and reporting
  • Monitoring capital project activity
  • Managing the detail fixed asset sub-ledger and related general ledger balances
  • Coordinating annual equipment inventories in the Clinical and Academic Enterprises
  • Processing Property Transmittal Forms
  • Pre-review of leases to ensure proper treatment in accordance with Generally Accepted Accounting Principles (GAAP)
  • Providing detail asset information and/or other support to VUMC departments as needed
  • Support the recording of all debt accounting entries