Peoria, IL,
10:19 AM

OSF HealthCare CFO Named Chair Elect of National Board

Michael Allen

OSF HealthCare Chief Financial Officer Michael Allen, MHA, CPA, FHFMA has been named Chair Elect of the Healthcare Financial Management Association (HFMA) Board of Directors. He has been a volunteer leader with the HFMA for more than 20 years, including his current three year term on the organization’s national board of directors.

Allen joined OSF HealthCare as its Chief Financial Officer in September of 2015. He has more than 30 years of experience in business and in the health care industry, including eight years in public accounting and 18 years serving as a chief financial officer for health systems.

Allen holds a Bachelor of Science degree in accounting from Illinois State University, Normal, Illinois, a Master of Health Administration from the University of Minnesota, St. Paul, Minnesota, and is a Certified Public Accountant.

He previously chaired the Minnesota Hospital Association finance committee, and has served on other industry boards and committees over the duration of his career.

About OSF HealthCare

OSF HealthCare is an integrated health system owned and operated by The Sisters of the Third Order of St. Francis, headquartered in Peoria, Illinois. OSF HealthCare employs nearly 21,000 Mission Partners in 126 locations, including 13 hospitals (nine acute care and four critical access) and two colleges of nursing throughout Illinois and Michigan. Its physician network employs more than 1,200 primary care, specialist physicians, and advanced practice providers. OSF HealthCare operates an extensive network of home health services; owns OSF Saint Francis, Inc., comprised of health care-related businesses; and the OSF HealthCare Foundation, the philanthropic arm for the organization. For more information, visit

About HFMA

With more than 40,000 members, the Healthcare Financial Management Association (HFMA) is the nation's premier membership organization for health care finance leaders. HFMA builds and supports coalitions with other health care associations and industry groups to achieve consensus on solutions for the challenges the U.S. health care system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the health care delivery system and bridges them through the establishment and sharing of knowledge and best practices. HFMA helps health care stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. The HFMA mission is to lead the financial management of health care. For more information, visit