Mercy’s Cheryl Matejka Recognized Among Nation’s Top Health Care CFOs

Behind every thriving health system is a leader who knows how to turn strategy into sustainability and numbers into impact. That's exactly what Cheryl Matejka brings to Mercy as executive vice president and chief financial officer.

For the second year, Becker's Hospital Review has named Matejka to its list of "190 Hospital and Health System CFOs to Know." The annual list recognizes financial leaders who are helping shape the future of health care through innovation, growth and operational excellence. Honorees were selected through editorial research and national nominations.

In her role at Mercy, Matejka provides strategic oversight for financial operations, revenue cycle, supply chain, outreach ministries and treasury services. Over the past four years, she has significantly strengthened Mercy's finances, navigating regulatory and contractual changes and the challenges posed by the Covid-19 pandemic. Matejka ensures that Mercy remains financially robust to continue serving communities effectively.

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Mercy, one of the 15 largest U.S. health systems and named the top large system in the U.S. for excellent patient experience by NRC Health, serves millions annually with nationally recognized care and one of the nation's largest and highest performing Accountable Care Organizations in quality and cost. Mercy is a highly integrated, multi-state health care system including 55 acute care and specialty (heart, children's, orthopedic and rehab) hospitals, convenient and urgent care locations, imaging centers and pharmacies. Mercy has over 1,000 physician practice locations and outpatient facilities, more than 5,000 physicians and advanced practitioners and more than 50,000 caregivers serving patients and families across Arkansas, Illinois, Kansas, Missouri and Oklahoma. Mercy also has clinics, outpatient services and outreach ministries in Arkansas, Louisiana, Mississippi and Texas. In fiscal year 2025 alone, Mercy provided more than half a billion dollars of free care and other community benefits, including traditional charity care and unreimbursed Medicaid.