Press Releases: National
August 1, 2005
Kathy Lancaster Named Senior Vice President and Chief Financial Officer for Kaiser Foundation Health Plan, Inc., and Kaiser Foundation Hospitals
Larry Y. Wilson appointed to new position as KPFH/H senior vice president, finance
Oakland, Calif. – Kathy Lancaster today was named the new senior vice president and chief financial officerfor Kaiser Foundation Health Plan, Inc., and Kaiser Foundation Hospitals . The announcement was made by KFHP/H Chairman and Chief Executive Officer, George C. Halvorson.
Lancaster, an executive with 24 years experience in the health care industry, has served as Kaiser Permanente’s acting chief financial officer since February of this year, while fulfilling her additional duties as senior vice president, strategic planning. During this period, she has worked collaboratively with the organization’s medical groups, labor interests and operations to further key financial strategies of the integrated health plan.
Halvorson notes that Lancaster ’s stellar leadership skills, financial acumen and strategic capabilities make her the perfect fit for this critical role on Kaiser Permanente’s leadership team.
"Ms. Lancaster has done an exceptional job as acting CFO, and will, I'm confident, continue to execute the same level of performance as our permanent CFO," Halvorson said. "Her many years of experience as a finance division officer and her experience as an underwriting executive give us an excellent financial perspective that fills our total financial context."
Lancaster began her career at Kaiser Permanente in 1998, most recently serving as its senior vice president, strategic planning. In that role, she supported senior executives in the development and implementation of national strategies, business planning and overall performance management.
"I’m extremely honored to have the opportunity to support Kaiser Permanente as the chief financial officer," Lancaster said. "This is an exciting time for our organization. We have a strong financial position and are embarking on several key initiatives that will strengthen the organization, including enhancing our financial infrastructure to better support Kaiser Permanente in the future."
Prior to joining Kaiser Permanente, Lancaster served for 17 years with Prudential Healthcare, where she held a series of leadership positions, concluding her career with the organization as its vice president of health care delivery, from 1995-1998. In this role she designed and executed a contracting strategy that lowered member medical costs, and worked collaboratively with key California employers to build and implement initiatives that improved the organization’s health care delivery.
Today also marks the appointment of Larry Y. Wilson to the new position of KFHP/H senior vice president of finance. Wilson comes to the role after three years as chief financial officer and senior vice president of finance, planning and consulting, with Kaiser Foundation Health Plan’s northern California region.
About Kaiser Permanente
Kaiser Permanente is committed to helping shape the future of health care. We are recognized as one of America’s leading health care providers and not-for-profit health plans. Founded in 1945, our mission is to provide high-quality, affordable health care services and to improve the health of our members and the communities we serve. We currently serve 8.6 million members in nine states and the District of Columbia. Care for members and patients is focused on their total health and guided by their personal physicians, specialists and team of caregivers. Our expert and caring medical teams are empowered and supported by industry-leading technology advances and tools for health promotion, disease prevention, state-of-the art care delivery and world-class chronic disease management. Kaiser Permanente is dedicated to care innovations, clinical research, health education and the support of community health. For more information, go to: www.kp.org/newscenter.
