Craig Faerber, CFO

Professional Overview

Craig Faerber is an experienced finance executive currently serving as the Chief Financial Officer (CFO) at Guthrie Health. With a strong background in financial management and strategic leadership, Faerber specializes in driving operational efficiency, optimizing financial performance, and supporting the growth and development of healthcare organizations.

Experience Summary

Current Role

As the CFO of Guthrie Health, Faerber is responsible for overseeing the organization's financial operations, including budgeting, forecasting, and financial reporting. He plays a crucial role in aligning financial strategies with the overall business objectives, ensuring the efficient allocation of resources and the implementation of cost-saving measures. Under Faerber's leadership, Guthrie Health has consistently maintained a strong financial position, enabling the organization to invest in new technologies, expand its service offerings, and enhance patient care outcomes.

Career Progression

Prior to his current role, Faerber held various finance leadership positions within the healthcare industry. He served as the CFO for Susquehanna Health System, where he successfully led the integration of financial operations following a merger, resulting in improved financial performance and enhanced operational efficiencies. Earlier in his career, Faerber held senior finance roles at regional healthcare providers, gaining valuable experience in financial planning, reporting, and regulatory compliance.

Academic Background

Faerber holds a Bachelor of Science degree in Accounting from Pennsylvania State University. He is a Certified Public Accountant (CPA) and has completed advanced training in healthcare finance and strategic management.

Areas of Expertise

• Financial management and analysis

• Healthcare industry knowledge

• Strategic planning and implementation

• Cost optimization and operational efficiency

• Regulatory compliance and risk management

• Mergers and acquisitions integration

Professional Impact

During his tenure as CFO, Faerber has played a pivotal role in the financial transformation of Guthrie Health. He has overseen the implementation of a comprehensive enterprise resource planning (ERP) system, which has improved data-driven decision-making and enhanced financial reporting capabilities. Additionally, Faerber has led the development of innovative reimbursement models and revenue cycle management strategies, resulting in increased cash flow and improved financial sustainability for the organization.

Conclusion

With his extensive experience, strategic mindset, and commitment to excellence, Craig Faerber is a respected finance leader in the healthcare industry. As the CFO of Guthrie Health, he continues to drive financial performance, support organizational growth, and contribute to the delivery of high-quality patient care.