Hackensack Meridian Health (HMH) has appointed Michael Allen, MHA, CPA, FHFMA, to replace Bob Glenning as chief financial officer. Glenning is retiring Dec. 9 after working at New Jersey’s largest medical network for 18 years.
In addition to CFO, Glenning served as President of Financial and Digital Technology Services Divisions. Allen will also have a dual role in addition to CFO, as President of the Financial Services Division, HMH said in a statement.
HMH CFO Dec. 9
In his new role, Allen will lead financial services, revenue operations, purchasing, materials management, and investment management teams. He’ll focus on developing HMH’s short- and long-term financial plans and provide strategic financial guidance to both the CEO and the board of trustees.
Robert C. Garrett, FACHE, CEO of Hackensack Meridian Health, welcomed Allen, stating, “His extensive experience and proven track record of success make him the ideal leader for our financial services team and to shape our network’s future strategy and growth agenda.”
“Bob’s financial acumen and visionary leadership were instrumental in shaping HMH, including the establishment of the Hackensack Meridian School of Medicine. We wish him well in his retirement,” Garrett added.
About Michael Allen
Allen joins HMH with over 35 years in business and healthcare, including 28 years as a CFO. He’s stepping down on Nov. 8 as CFO at OSF Healthcare System in Peoria, Illinois, where he leads a team of 1,600 finance professionals. He also achieved strong returns for OSF Ventures, the health system’s $250 million venture fund.
He holds a Master’s in Healthcare Administration from the University of Minnesota and a Bachelor’s from Illinois State University. He’s also a long-time member and recent Chair of the Healthcare Financial Management Association Board.
“I am honored to join Hackensack Meridian Health and contribute to its continued success,” Allen said.
About Hackensack Meridian Health
Hackensack Meridian Health comprises 18 hospitals, with over 500 patient care locations, 35,000+ employees and 7,000 physicians. One of the biggest not-for-profit health care organizations in the country, HMH is the largest healthcare network in New Jersey.
The hospital network offers a complete range of medical services, innovative research and life-enhancing care. Aside from hospitals, patient care locations include ambulatory care centers, surgery centers, home health services, long-term care and assisted living communities, ambulance services, lifesaving air medical transportation, urgent care centers, physician practice locations, and a fitness and wellness center.