Since joining Methodist Health System in 1979, Michael Schaefer has helped the Dallas-based organization achieve unprecedented growth and financial stability in a highly competitive region.
Under Mr. Schaefer's leadership as executive vice president and CFO, Methodist recently received an "Aa3" rating from Moody's Investors Service for its $187 million of 2013 bonds. Moody's also affirmed a stable outlook for the system.
The multihospital system has maintained a consistently strong operating cash flow margin of more than 10 percent over the past decade, according to Moody's. Methodist also has a strong market presence and a growing revenue base, which rose 7.2 percent in fiscal year 2012 to $969 million.
In 2011, Mr. Schaefer received a Lifetime Achievement Award as part of the Dallas Business Journal CFO of the Year recognitions. Before obtaining his current position, he served as senior vice president, assistant vice president of finance and controller for Methodist. He holds a bachelor's degree in accounting from
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