Sanford’s Kristin Herrmann honored by Becker’s as top CFO

Sanford's Kristin Herrmann honored by Becker's as top CFO

Oct. 4, 2024

Contact:
Nathan Aamodt
Sanford Health Media Relations
701-200-6080/[email protected]

FARGO, N.D. - Becker's Health Review has named Sanford Health Fargo's Kristin Herrmann to the 2024 edition of its "Women hospital and health system CFOs to know" list.

This list honors female chief financial officers for their dedication to optimizing health care. CFOs are expert overseers of their organizations' financial operations, responsible for handling massive capital budgets and fostering strategic partnerships to ensure fiscal stability. These female CFOs play a pivotal role in maintaining the financial health of their hospitals and health systems, thus allowing the focus to remain on providing excellent patient care.

Herrmann oversees the financial operations of a premier rural health system with an annual net patient revenue of $1.8 billion and also oversees the finances of Sanford Fargo's four critical access hospitals. Her strategic leadership has significantly improved Sanford Fargo's financial performance, achieving a 90% improvement since 2022. Herrmann has overseen financial planning for major initiatives, including the expansion of Sanford Roger Maris Cancer Center and the implementation of the blood and bone marrow transplant program.

"It is humbling to be named to this list amongst my colleagues from across the country," said Herrmann. "This is a byproduct of the excellent leadership we have at Sanford Health, and we are thankful for every employee who is dedicated to making our patients and the health care they receive their top priority. Positive financial health allows us to continue to provide the communities we serve with world-class health care close to home and has made Sanford Health a national destination for health care."

The full list of all nominees can be read here.

About Sanford Health
Sanford Health, the largest rural health system in the United States, is dedicated to transforming the health care experience and providing access to world-class health care in America's heartland. Headquartered in Sioux Falls, South Dakota, the organization serves 1.4 million patients and nearly 200,000 health plan members across 250,000 square miles. The integrated health system has 45 hospitals, 211 clinic locations, more than 160 Good Samaritan Society senior living centers, 2,900 Sanford physicians and advanced practice providers, 540 active clinical trials, and nine world clinic locations around the globe. Learn more about Sanford Health's commitment to shaping the future of rural health care across the lifespan at sanfordhealth.org or Sanford Health News.