Raju Iyer will join Sutter Health as senior vice president and chief financial officer beginning Feb. 26. He will oversee the not-for-profit, integrated health system’s financial operations, including financial planning, investments and treasury, financial accounting, supply chain and revenue cycle.
“Raju is an accomplished CFO with 20-plus years of experience in academic, not-for-profit and for-profit health systems, bringing significant financial and strategic operating skills to Sutter Health,” said Warner Thomas, Sutter Health president and CEO. “During his career, he has developed a proven track record for helping large health systems meet key goals while navigating through complex environments and challenging dynamics. I am excited for Raju to lead our financial team and help ensure we continue with our positive financial performance that allows Sutter to care for more patients and communities.”
Sutter Health is a $15 billion, not-for-profit health system with robust plans to expand patient access and build on the momentum established in 2023. Sutter Health will add 25 new ambulatory care centers across Northern California in the next few years with even more sites planned. Deeper investments in digital technology will also be made to better integrate care across all settings, making it easier for patients to secure appointments and remain connected to their care teams. Additionally, Sutter is expanding its reach and ability to care for more patients further into California’s Central Coast through its partnership with Santa Barbara-based Sansum Clinic. Iyer will play a central role in supporting these efforts as well as future growth initiatives.
Most recently, Iyer served as senior vice president and CFO for UCSF Health, the University of California, San Francisco (UCSF) health system. With an annual revenue of more than $7 billion and infrastructure capital investments exceeding $6 billion, UCSF Health is a large and complex academic health system that includes UCSF Medical Center, UCSF Benioff Children’s Hospitals and the Langley Porter Psychiatric Hospital. Prior to UCSF Health, he served as a regional chief financial officer for Providence St. Joseph Health, where he managed financial operations of five acute care hospitals in Napa, Sonoma and Humboldt counties. He also was chief financial officer for HCA Healthcare Inc., in multiple markets, including Methodist Hospital & Methodist Children’s Hospital in San Antonio, Texas, and Regional Medical Center in San Jose, Calif.
Iyer holds a master’s degree in accounting from the University of Illinois at Chicago, and a bachelor’s degree from the University of Bombay.
Iyer steps into the position previously held by Dominic Nakis, who was interim CFO since July 2023.
