Raju Iyer, SVP & CFO
Professional Overview
Raju Iyer is an accomplished finance executive with over 20 years of experience in the healthcare industry. As the Senior Vice President and Chief Financial Officer at Sutter Health, he oversees the organization's financial strategy, operations, and reporting, contributing to its success as a leading non-profit healthcare system in Northern California.
Experience Summary
Current Role
As the SVP & CFO of Sutter Health since March 2024, Raju is responsible for leading the organization's finance function, including financial planning, analysis, and decision support. He plays a crucial role in ensuring the financial stability and growth of Sutter Health, a $13 billion integrated healthcare system with 24 hospitals and more than 200 care centers. Under his leadership, Sutter Health has maintained a strong financial position, with a focus on cost optimization and strategic investments in technology and innovation.
Career Progression
Prior to his current role, Raju held several senior finance positions within the healthcare industry. He served as the Regional CFO for Northern California at Providence St. Joseph Health, where he oversaw the financial operations of the organization's Northern California region. Before that, he was the CFO and Senior Vice President of Health System at UCSF Health, where he led the financial transformation of the academic medical center, driving improvements in financial performance and operational efficiency. Raju also held CFO roles at Methodist Hospital & Methodist Children's Hospital and Regional Medical Center of San Jose, further solidifying his expertise in healthcare finance.
Academic Background
Raju holds a Master's degree in Business Administration from the University of California, Berkeley, where he specialized in Finance and Healthcare Management. He also earned a Bachelor's degree in Accounting from the University of Southern California.
Areas of Expertise
Raju's areas of expertise include strategic financial planning, revenue cycle management, cost optimization, and capital allocation. He is adept at aligning financial strategies with organizational goals, leveraging data-driven insights to drive decision-making and operational improvements. Raju is also recognized for his strong leadership skills, collaborative approach, and ability to navigate complex healthcare regulatory environments.
Professional Impact
Throughout his career, Raju has made significant contributions to the healthcare industry. At UCSF Health, he led the implementation of a new enterprise resource planning (ERP) system, which streamlined financial reporting and improved financial visibility. This initiative helped the organization achieve a 5% reduction in operating expenses and a 10% increase in cash flow. At Sutter Health, Raju has been instrumental in the successful integration of several acquired healthcare systems, ensuring seamless financial integration and operational synergies.
Conclusion
Raju Iyer's extensive experience, strategic financial expertise, and proven track record of driving organizational performance make him a valuable asset to Sutter Health and the broader healthcare industry. As he continues to shape the financial future of Sutter Health, Raju remains committed to leveraging his skills and expertise to enhance the delivery of high-quality, cost-effective healthcare services to the communities Sutter Health serves.