Roanoke, Va.-based Carilion Clinic is a 10-hospital system that offers its own Medicaid and Medicare Advantage plans and provided a community benefit of $131 million last year through education, research and uncompensated care.
Its CFO, Donald Lorton, has helped the system stay ahead of the curve, helping to navigate Carilion's relatively early adoption of measures like provider-based health plans, electronic health records for meaningful use incentives and various joint ventures in his more than 30 years with the system.
Moody's Investors Service affirmed its "A1" rating on $599 million of Carilion's debt this month, citing the health system's 56 percent market share, 208 days cash on hand and leadership's long-term goal of a 3 percent operating margin.
Mr. Lorton is a CPA and alumnus of National College.
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Its CFO, Donald Lorton, has helped the system stay ahead of the curve, helping to navigate Carilion's relatively early adoption of measures like provider-based health plans, electronic health records for meaningful use incentives and various joint ventures in his more than 30 years with the system.
Moody's Investors Service affirmed its "A1" rating on $599 million of Carilion's debt this month, citing the health system's 56 percent market share, 208 days cash on hand and leadership's long-term goal of a 3 percent operating margin.
Mr. Lorton is a CPA and alumnus of National College.
If you have more information or updates for this profile or would like to recommend a leader to be profiled in the future, please contact Lindsey Dunn, editor in chief, Becker's Hospital Review at ldunn@beckershealthcare.com.
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