Theodore (Ted) P. Matthews, MBA, CPA, CGMA

"ARC enjoys the blessings of an excellent reputation hard-earned through dedicated services to the people of Central Texas. It is our fiduciary duty to ensure that this reputation continues to be enhanced through leadership and innovation within our organization, our communities, and within the medical industry, through thoughtful stewardship of the resources entrusted to us."

Company & Professional Background

Ted Matthews, MBA, CPA, CGMA, serves as the Chief Financial Officer (CFO) for ARC and Covenant Management Systems, the medical management organization and third party administrator providing technical support and services to governmental and employer-based health plans. As CFO, he has financial oversight for both organizations, and assists with strategic development. Mr. Matthews has served as a leader in medical practice financial management for over 25 years, with previous experience in finance and accounting with a major accounting firm, and as treasurer of a securities dealer.


Mr. Matthews hold a bachelor's degree in Accounting from the University of Maryland, College Park, and a Master of Business Administration degree with a concentration in Medical Management from The University of Texas at Dallas.

Professional Membership

Mr. Matthews is an active member of the American Medical Group Association, America’s Physician Groups, and the Healthcare Financial Management Association, and a presenter at both regional and national association conferences. He is also a member of the American Institute of Certified Public Accountants, and is both a Certified Public Accountant (CPA) and Chartered Global Management Accountant (CGMA).

Community Leadership and Volunteering

Mr. Matthews serves as a board member and treasurer of Be the Bridge, a national nonprofit with a mission to equip the world to do the work of racial unity, and he is an active volunteer in his church’s ministry to people experiencing homelessness. Prior to joining ARC, Mr. Matthews served the Habitat for Humanity Trinity Chapter in Fort Worth, TX, for over 20 years as a Board Member, Treasurer, President, and volunteer.

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