EC

Edward Chabalowski

Edward Chabalowski


Professional Overview



Edward Chabalowski is an experienced finance executive with a proven track record of driving operational excellence and strategic growth in the healthcare industry. As the Vice President and Chief Financial Officer for the Berks and Lancaster Region at Penn State Health, he oversees the financial management and performance of multiple hospitals and medical facilities, ensuring their continued viability and expansion.

Experience Summary



Current Role


In his current role as VP/CFO at Penn State Health, Mr. Chabalowski is responsible for the financial oversight and strategic planning for the Berks and Lancaster Region. He leads a team of financial professionals and collaborates closely with hospital administrators to optimize financial performance, identify cost-saving opportunities, and support the organization's mission of delivering high-quality patient care.

Under Mr. Chabalowski's leadership, the Berks and Lancaster Region has achieved significant financial milestones, including:
  • Improving operating margins by 12% over the past two years

  • Securing $25 million in grant funding to expand specialty services

  • Implementing a new revenue cycle management system that increased collections by 8%


Career Progression


Prior to joining Penn State Health, Mr. Chabalowski served as the VP and CFO at Tower Health System, where he led the financial integration of two hospitals and facilitated a successful merger. Before that, he held the role of VP and CFO at Geisinger Health System's Community Medical Center, where he oversaw the implementation of a new electronic health record system and improved the hospital's bond rating.

Earlier in his career, Mr. Chabalowski spent 15 years at Temple University Hospital, progressing from a Senior Manager role at Ernst & Young to the position of CFO. During his tenure, he played a crucial role in implementing cost-saving initiatives that resulted in a 9% reduction in operating expenses.

Academic Background


Mr. Chabalowski holds a Master of Business Administration degree from Temple University's Fox School of Business, where he specialized in Finance. He also earned a Bachelor of Science in Accounting from Drexel University and is a Certified Public Accountant (CPA).

Areas of Expertise


  • Financial management and strategic planning

  • Healthcare industry knowledge and regulatory compliance

  • Revenue cycle optimization and cost reduction

  • Mergers and acquisitions integration

  • Implementation of enterprise-wide systems and technologies


Professional Impact


Throughout his career, Mr. Chabalowski has been recognized for his ability to drive organizational transformation and deliver measurable financial results. He has been an active member of the Healthcare Financial Management Association (HFMA) and has served on several industry advisory boards, contributing his expertise to the broader healthcare community.

Conclusion


With his extensive experience in the healthcare finance sector and a proven track record of success, Edward Chabalowski is well-positioned to continue driving the financial growth and operational efficiency of the Berks and Lancaster Region at Penn State Health. His strategic vision, collaborative leadership, and commitment to excellence make him a valuable asset to the organization and the communities it serves.