CommonSpirit names new CFO

Core Insights - Michael Browning has been appointed as the new Senior Executive Vice President and Chief Financial Officer of CommonSpirit Health, effective January 2, 2026, succeeding Daniel Morissette who is retiring [1][3]. Group 1: Leadership Transition - Browning will oversee financial operations for CommonSpirit Health's portfolio of 138 hospitals, focusing on financial strategy, planning, accounting, treasury, reimbursement, revenue cycle, and investor relations [2]. - He previously served as Executive Vice President and CFO at OhioHealth and has held leadership roles at ProMedica Health System, WakeMed Health & Hospitals, Parkview Health, and McLeod Health [2]. Group 2: Financial Strategy and Challenges - CommonSpirit Health is looking to improve its financial performance after experiencing years of operating losses [4]. - The organization has initiated Project Impact, a multiyear initiative aimed at reducing expenses and exploring innovative revenue growth opportunities [4].