Mr. Allen serves as CFO and president of the financial services division of Hackensack Meridian Health, overseeing financial services, revenue operations, purchasing and materials management, and investment management at the integrated health system, which generates more than $9 billion in annual revenue and holds $12 billion in assets across academic medical centers, children’s and community hospitals, a school of medicine, a research division and a physician division. He manages the system’s short- and long-term financial plans, serves as a strategic partner to the CEO, advises the board of trustees on financial matters and leads the integration of financial and strategic planning while modernizing the analytics platform. Mr. Allen offers more than 35 years of experience in business and healthcare, including 28 years as a health system CFO. Earlier in 2026, after passing his one-year mark with the system, he created a financial and operating management council focused on consistency in decisions around growth, cost management and capital allocation while reaching budget goals. Before joining Hackensack Meridian Health, he served as CFO of Peoria, Ill.-based OSF HealthCare, where he oversaw all financial operations, led a team of 1,600 finance professionals and served as a voting committee member of the $250 million OSF Ventures fund. He earlier held CFO roles at various health systems, and previously served a seven-year term on the national board of directors of the Healthcare Financial Management Association, including a two-year term as board chair. He was recognized among NJBIZ‘s “Leaders in Finance” in 2026.
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Becker's Recognition
Michael Allenhas been named a Becker's honoree on the lists below.
2026 Winner

