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Peter Ostasewski

Executive Vice President and CFO

GBMC HealthCare

Baltimore, MD

Mr. Ostasewski joined GBMC HealthCare in January 2026 as executive vice president and CFO, bringing more than 30 years of healthcare finance leadership experience spanning nonprofit, academic and multi-facility health systems. Mr. Ostasewski most recently served as vice president of finance and CFO for Hershey, Pa.-based Penn State Health Milton S. Hershey Medical Center, Penn State Children’s Hospital and Penn State Health Medical Group, where he oversaw $3.5 billion in operating revenue and led initiatives that improved operating income by more than $20 million in six months. Throughout his career, he has held leadership roles at Columbia, Md.-based MedStar Health, Pittsburgh-based UPMC, Harrisburg, Pa.-based Pinnacle Health System and Dallas-based Tenet Healthcare, building a track record in revenue cycle optimization, physician compensation models and strategic planning. A Baltimore native, Mr. Ostasewski also brings a clinical perspective to the role, having trained as a nurse prior to his finance career. He is also a decorated U.S. Army veteran.

Becker's Recognition

Peter Ostasewskihas been named a Becker's honoree on the lists below.

2026 Winner

Executives

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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.

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