Professional Summary
Professional Overview
Mark Bortnem is an experienced finance executive with a diverse background in the healthcare industry. As the Chief Financial Officer (CFO) for the Wisconsin region of the Mayo Clinic Health System, he leverages his expertise in financial management, strategic planning, and operational optimization to drive organizational success.
Experience Summary
Current Role
As the CFO-Wisconsin at Mayo Clinic Health System, Mark is responsible for overseeing the financial operations, budgeting, and strategic decision-making for the organization's Wisconsin-based facilities. Since joining the team in 2021, he has implemented cost-saving measures that have resulted in a 12% reduction in operating expenses and a 15% improvement in revenue cycle management efficiency.
Career Progression
Prior to his current role, Mark served as the CEO and lead consultant at Bortnem & Associates, LLC, where he provided strategic financial advisory services to healthcare organizations. He has also held various finance leadership positions at Fairview Health Services and Allina Health, including roles as Vice President of Finance, Interim CFO, and Regional CFO. Throughout his career, Mark has demonstrated a track record of driving financial performance, optimizing operational processes, and contributing to the long-term success of the organizations he has served.
Academic Background
Mark holds a Bachelor of Science in Accounting from the University of Minnesota and a Master of Business Administration from the Carlson School of Management. He is a Certified Public Accountant (CPA) and has completed additional executive education programs in healthcare finance and strategic leadership.
Areas of Expertise
- Financial management and planning
- Operational efficiency and cost optimization
- Revenue cycle management and performance improvement
- Healthcare industry regulations and compliance
- Strategic decision-making and organizational transformation
- Cultivating high-performing finance teams and fostering a culture of continuous improvement
Professional Impact
During his tenure at Fairview Health Services, Mark played a key role in the integration of Columbia Park Medical Group, leading the financial due diligence and integration process that resulted in a 20% reduction in operating costs and a 15% improvement in patient satisfaction scores. As the Board Treasurer at Fulcrum Health, Inc., he provided strategic financial oversight and guidance that supported the organization's growth and expansion into new markets.
Conclusion
With his extensive experience in the healthcare finance industry and a proven track record of driving organizational success, Mark Bortnem is well-positioned to continue contributing to the Mayo Clinic Health System's financial performance and strategic objectives. His combination of technical expertise, industry knowledge, and leadership acumen make him a valuable asset to the organization.
