SACRAMENTO, Calif. – Sutter Health has named Dominic Nakis to join the not-for-profit Northern California healthcare system to serve as Senior Vice President and Chief Financial Officer while the organization conducts a national search for a permanent CFO over the next 12-18 months. Nakis will oversee Sutter Health’s full complement of financial operations, including financial planning, investments and treasury, financial accounting, health plan, supply chain and revenue cycle.
“Dominic comes to Sutter with more than three decades of financial and leadership experience in the healthcare industry,” said Warner Thomas, Sutter Health president and CEO. “I am pleased we will have Dominic’s expertise to lead our financial operations and strategic perspective to support the organization’s goals of increasing access for our patients through ambulatory expansion plans and other investments.”
Most recently, Nakis served as Chief Financial Officer of Advocate Aurora Health. With 2022 revenue of $14.5 billion, Advocate Aurora Health which was based in the greater Chicago and Milwaukee areas, is comprised of 26 hospitals and more than 500 sites of care, with 75,000 employees including 10,000 physicians.
Nakis began his career in the assurance practice at Ernst & Young in Chicago. He is a member of the Healthcare Financial Management Association, the American Hospital Association Investment Committee and an American Heart Association Heart of Chicago Board member. He is a past member of the Healthcare Financial Management Association’s National Principles and Practices Board, the Board of Directors of the Illinois Division of the American Cancer Society and the Board of Directors of the Make-A-Wish Illinois Foundation.
Nakis earned his bachelor’s degree from the University of Illinois at Chicago. He received his MBA with a concentration in finance from DePaul University Kellstadt Graduate School of Business in Chicago. He is also a Certified Public Accountant.
He will join Sutter May 15 and partner with Brian Dean until his departure on July 1 for an opportunity outside of healthcare.