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Lynn Krutak

Executive Vice President and CFO

Ballad Health

Johnson City, TN

Ms. Krutak’s role as executive vice president and CFO of Ballad Health entails the oversight of the health system’s financial operations, processes and systems. With her deep industry experience, she is instrumental in leading long term financial sustainability efforts, including identifying growth opportunities, assessing healthcare trends and regulatory changes, and driving innovative business models. Ms. Krutakwas was a key player in the merger of Wellmont Health System and Mountain States Health Alliance to create Ballad Health. Her achievements include effective cost-cutting measures in a challenging payer mix and low-wage index environment and the successful consolidation and refinancing of both legacy health systems’ debts.

Becker's Recognition

Lynn Krutakhas been named a Becker's honoree on the lists below.

2023 Winner

Executives

182 Women’s Hospital and Health System CFOs to Know Women Hospital and Health System CFOs to Know

According to the Crist Kolder Volatility Report, the number of women holding CFO positions at Fortune 500 and S&P 500 companies has nearly doubled over the past decade. Women made up 16 percent of CFOs in 2022.

Female CFOs of hospitals and health systems skillfully handle strategic financial planning, annual budgets, investments and more.

CFO

2023 Winner

Executives

182 Women Hospital and Health System CFOs to Know Women Hospital and Health System CFOs to Know

According to the Crist Kolder Volatility Report, the number of women holding CFO positions at Fortune 500 and S&P 500 companies has nearly doubled over the past decade. Women made up 16 percent of CFOs in 2022.

Female CFOs of hospitals and health systems skillfully handle strategic financial planning, annual budgets, investments and more.

CFO

2023 Winner

Executives

126 hospital and health system CFOs to know

These leaders are key players in strategic financial planning, growth and partnerships for their organizations. These CFOs are responsible for the financial viability of their hospitals and health systems, and are crucial to the overall success of their respective organizations.

CFO

2024 Winner

Executives

Hospital and Health System CFOs to Know

The chief financial officers featured on this list are helming financial functions for health systems and hospitals throughout the U.S. These leaders are instrumental in strategic financial planning, expansions and joint ventures for their organizations. These CFOs take on responsibility for the financial sustainability of their hospitals and health systems, and are key to their organizations’ overall success.

CFO

2025 Winner

Executives

Hospital and Health System CFOs to Know

The chief financial officers featured on this list are helming financial functions for health systems and hospitals throughout the U.S. These leaders are instrumental in strategic financial planning, expansions and joint ventures for their organizations. These CFOs take on responsibility for the financial sustainability of their hospitals and health systems, and are key to their organizations’ overall success.

CFO

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