President and CEO, Froedtert Health
Catherine Jacobson serves as president and CEO of Froedtert Health, a $1.5 billion regional health care system based in Milwaukee, Wisconsin. Froedtert Health includes an academic medical center, two community hospitals, a community-based medical group, and several related joint ventures. The system’s flagship hospital, Froedtert Hospital, is the primary adult teaching affiliate of the Medical College of Wisconsin. Together, Froedtert and the Medical College form eastern Wisconsin’s only academic medical center. The system’s three hospitals have 772 staffed beds, nearly 40,000 annual admissions and more than 900,000 annual outpatient visits.
Jacobson joined Froedtert Health in 2010 as executive vice president of finance and strategy, chief financial officer and chief strategy officer. She was promoted in 2011, becoming President and adding responsibility for all operations of the health system to her portfolio. In 2012, she assumed the CEO role. Prior to joining Froedtert Health, Jacobson spent 22 years at Rush University Medical Center in Chicago in various leadership roles including chief financial officer for the health plan and chief compliance officer for the health system. She was appointed chief financial officer and treasurer of the health system in 2002 and served as senior vice president of Strategic Planning and Finance, chief financial officer, and treasurer until 2010.
Jacobson served as the voluntary national Chair of the Healthcare Financial Management Association (HFMA) during the 2009-10 term. A member of HFMA since 1989, her involvement with HFMA includes serving on the national Board of Directors from 2004-10 and the Principles & Practices Board from 1995-2001 serving as chair during 2000-01.
Jacobson will serve on the American Hospital Association’s Section for Metropolitan Hospitals Governing Council for a three year term beginning in January 2014.
Current board appointments include the Wisconsin Hospital Association, United Way of Greater Milwaukee, The Milwaukee Health Care Partnership, Quality Health Solutions (Chair), Blood Center of Wisconsin, United Hospital System, Kenosha, Wisconsin, the Milwaukee Regional Medical Center (Chair), the Greater Milwaukee Committee and Metropolitan Milwaukee Association of Commerce. She also serves on the UW-Milwaukee College of Health Sciences Dean’s Advisory Board.
Jacobson’s recognitions include 24 Leading Women to Know in Healthcare (Becker’s Hospital Review, 2014), 120 Women Hospital and Health System Leaders to Know (Becker’s Hospital Review, 2012) and 52 Women Hospital and Healthcare Leaders (Becker’s Hospital Review, 2010). She was recognized as a Woman of Influence by the Milwaukee Business Journal in 2013.
Jacobson is a member of Healthcare Financial Management Association, the American College of Healthcare Executives, the Healthcare Institute and Healthcare Executives Study Society. She is also a member of the Chicago Network, an organization for women executives, and TEMPO and Professional Dimensions, two Milwaukee-based women’s leadership organizations.
Jacobson is a Fellow of HFMA and a Certified Public Accountant. She received her Bachelor of Science degree in accounting from Bradley University, Peoria, Illinois.