Alan Sattler, CFO of ProMedica
When Alan Sattler stepped into the system CFO position at ProMedica—a Toledo, OH-based health system with 2,268-licensed-beds and FY 2014 budgeted revenue of $2.5 billion—on June 1, he brought with him a wealth of healthcare management experience.
In his nearly 30-year career at ProMedica, Sattler has served in various roles, including senior vice president for acute care hospitals, senior vice president and chief financial officer for ProMedica Physicians, and most recently, as president of ProMedica Flower Hospital.
The knowledge he has gained from working in different areas throughout the organization will help him in his efforts to provide executive oversight to its financial operations, he told me during a recent conversation.
We discussed ProMedica's strategies for dealing with the many financial pressures all hospitals are currently experiencing and the system's focus on community-based population health efforts that strive to meet patients' basic needs, as well as their healthcare requirements.
HealthLeaders Media: What do you see as the biggest financial challenge that ProMedica is currently facing?
Alan Sattler: At ProMedica, disruptive innovation is our biggest financial challenge. All of the work we're doing in the community and internally to create value for our patients is a paradigm shift where we're now working to keep patients out of the traditional hospital setting.