New CFO Takes Over For Michigan Medicine

Eric Strucko is taking over for departing CFO Paul Castillo.

Michigan Medicine, an Ann Arbor, Michigan-based healthcare provider with over $5 billion in total revenue, has appointed Eric Strucko—who has over three decades of financial industry and healthcare experience—as its new chief financial officer.

Strucko took over the position on February 16, 2023, after serving as CFO of Keck Medicine of the University of Southern California for over two years. As the chief financial officer for Michigan Medicine, Strucko will be responsible for managing its financial and control activities. He will direct financial reporting and control, financial planning, budgeting and revenue cycle, and compliance operations. Michigan Medicine is the academic medical center of U-M and includes the Medical School and U-M Health, the health system’s clinical enterprise.

Strucko has replaced departing CFO Paul Castillo, who led the organization’s financial department since 2011. Before he joined Keck Medicine, Strucko was senior vice president and chief financial officer for Penn State Health’s Milton S. Hershey Medical Center and Medical Group. He has also served as associate vice president for finance and business at Penn State University and controller of the College of Medicine, the chief financial officer of the University of Virginia Physicians Group, and budget director of the University of Virginia Medical Center.  

"We are so pleased to welcome Eric Strucko to this crucial position at Michigan Medicine," CEO Marschall Runge said in a press release. "He brings a wealth of experience in all aspects of healthcare finances."