CommonSpirit Health Appoints Michael P. Browning as Chief Financial Officer

CHICAGO, IL – October 13, 2025– CommonSpirit Health, one of the nation's largest non-profit health systems, has appointed Michael P. Browning, CPA, MBA, as System Senior Executive Vice President (SEVP) and Chief Financial Officer (CFO), effective Jan. 2, 2026. Browning will succeed Daniel Morissette, who is retiring after nearly a decade of distinguished service to CommonSpirit Health.

As SEVP and CFO, Browning will oversee all financial operations for CommonSpirit Health, which operates 138 hospitals and more than 2,200 care sites across 24 states. He will be responsible for the health system’s financial strategy, planning, accounting, treasury, reimbursement, revenue cycle, and investor relations.

“We are thrilled to welcome Michael to CommonSpirit Health. He is a seasoned financial leader with a profound understanding of complex healthcare systems and a proven track record of driving financial strength and strategic growth,” said Wright Lassiter III, CommonSpirit Health CEO. “His expertise and leadership will be invaluable as we work to navigate a complex and evolving healthcare landscape and deliver on our mission.”

Browning brings over 30 years of experience in healthcare finance. Most recently, he served as Executive Vice President of Finance and Chief Financial Officer at OhioHealth, a $7.5 billion health system with 19 hospitals. During his tenure at OhioHealth, Browning was instrumental in maintaining strong financial performance, significantly growing cash reserves from $4.9 billion to $8.6 billion, and upholding AA+/Aa2 bond ratings, all while navigating the challenges of the COVID-19 pandemic. He also led a long-term growth strategy resulting in 74% revenue growth, the addition of six hospitals, and 16 joint ventures.

Prior to OhioHealth, Browning held senior financial leadership positions at ProMedica Health System, WakeMed Health & Hospitals, Parkview Health, and McLeod Health, where he consistently delivered robust financial performance, executed strategic growth initiatives, and optimized financial operations across diverse non-profit and integrated health systems.

“I am honored to join CommonSpirit Health, an organization with an unwavering commitment to its mission and a truly impactful scale,” Browning said.. “I look forward to collaborating with Wright and the entire leadership team to advance financial strategy, enhance operational efficiency, and ensure CommonSpirit Health is well-positioned for sustainable growth and continued service to our communities.”

Browning earned his Master of Business Administration from the University of Louisville and his Bachelor of Arts Degree in Accounting from Kentucky Wesleyan College. He is a Certified Public Accountant in the state of Kentucky.

About CommonSpirit 

Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation’s largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 138 hospital-based locations, in addition to its home-based services and virtual care offerings. CommonSpirit has more than 160,000 employees, 45,000 nurses and 25,000 physicians and advanced practice providers across 24 states and contributes more than $5 billion annually in charity care, community benefits, and unreimbursed government programs. Together with our patients, physicians, partners, and communities, we are creating a more just, equitable, and innovative healthcare delivery system. Learn more at commonspirit.org.

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