Sacramento, Calif.-based Sutter Health has named Jonathan Ma permanent CFO.
Mr. Ma has served as interim CFO since January, according to a May 13 Sutter Health news release. During his time as interim finance chief, Mr. Ma led the finalization of Sutter’s annual budget, represented the system at the JP Morgan Healthcare Conference and led three credit agency meetings that resulted in upgrades.
“His leadership during a period of meaningful financial milestones — combined with his ability to build trusted, high-performing teams — makes him the right person to lead our finance function as we continue advancing our work as a not-for-profit integrated system,” Sutter President and CEO Warner Thomas said in the release.
Mr. Ma previously served as Sutter’s vice president of strategic finance and treasurer, according to the release. He has been instrumental in several strategic ventures, including the acquisition of Santa Barbara, Calif.-based Sansum Clinic. He also serves as the chair of Bay Real Estate Ventures, a joint partnership with Palo Alto, Calif.-based Stanford Health Care to build a new cancer center in Oakland, Calif.
Before joining the health system, he served as an executive director at Morgan Stanley, where he spent more than a decade advising healthcare clients — including Sutter — on complex transactions and financial strategy.
