Mike Larson Appointed Senior Vice President of Finance and Chief Financial Officer for the Johns Hopkins Health System

To the Johns Hopkins Medicine community

Dear Colleagues,

As economic challenges continue to evolve across the health care industry, particularly in Maryland, where there is a cap on hospital revenue growth, the need for development of innovative strategies to tackle these issues is paramount. We are delighted to announce that Mike Larson has been named senior vice president of finance and chief financial officer for the Johns Hopkins Health System. Mike will assume this new role on July 1. He will continue serving in his current position as vice president of finance and chief financial officer for Johns Hopkins HealthCare.

In his new role, Mike will oversee the finance activities of the health system, helping to improve operating efficiencies and further Johns Hopkins Medicine’s efforts in achieving our performance improvement goals.

With over 35 years in the health care field, Mike’s outstanding leadership in financial operations at Johns Hopkins has been integral to the fiscal stability of the institution. The depth of his experience in planning, analysis, reporting, accounting, budgeting and other financial proficiencies is widely respected among his colleagues and has been a proven asset to the health system.

In addition to his role as vice president of finance and chief financial officer for Johns Hopkins Health Care, Mike serves as vice president of finance and corporate controller for the Johns Hopkins Health System. In his 22-year career with Johns Hopkins, his accomplishments include the integration of accounting practices across all health system entities, resulting in a double-digit reduction in departmental budgets. He has also improved staff development and customer service delivery, and has designed policies and procedures to streamline financial processes and enhance internal controls.

Mike earned his bachelor's degree from Pennsylvania State University and his master’s degree in business administration, with a focus on financial management, from Drexel University.

Please join us in congratulating Mike on his well-deserved appointment. We look forward to his continued commitment to advancing our financial performance.

Sincerely,

Ronald R. Peterson
President
The Johns Hopkins Hospital and Health System
EVP, Johns Hopkins Medicine

Ronald J. Werthman
Senior Vice President and Chief Financial Officer, Johns Hopkins Medicine
Chief Financial Officer, School of Medicine