Ms. Cermak is responsible for finance, real estate and supply chain functions throughout the HealthPartners system. In the midst of the COVID-19 pandemic, she supported the system’s overall strategic growth plan while maximizing return on expenses and gaining new operating efficiencies. She has helped HealthPartners to achieve stability and growth despite supply chain and workforce challenges in recent years. In 2021, HealthPartners had 12 different revenue cycle operations, but Ms. Cermak consolidated these operations, bringing the system to just one. Last year, she led the system to a positive revenue of $8.2 billion. Internally, she has prioritized hiring and promoting female leaders in director, senior director, vice president and senior vice president roles within the finance, real estate and supply chain teams.
Becker's Recognition
Penny Cermakhas 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.
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.
2024 Winner

Executives
Women Hospital and Health System CFOs to Know
Female CFOs of hospitals and health systems skillfully handle strategic financial planning, annual budgets, investments and more.
