Mark Hepler served as interim CFO of Traverse City, Mich.-based Munson Healthcare for more than a year before he was named to the post permanently in September 2010. Before that, he'd held leadership roles at Munson for 26 years.
In April, Moody's Investors Service affirmed Munson's "A1" rating on $105 million of debt. Munson dominates the tertiary market in the surrounding five counties and has demonstrated a strong financial track record, with a 9.9 percent margin in operating cash flow through the first nine months of fiscal year 2013. The system ended March 2013 with 214 days cash on hand.
Mr. Hepler, a CPA, earned a bachelor's degree in accounting and finance from Northern Michigan University.
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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In April, Moody's Investors Service affirmed Munson's "A1" rating on $105 million of debt. Munson dominates the tertiary market in the surrounding five counties and has demonstrated a strong financial track record, with a 9.9 percent margin in operating cash flow through the first nine months of fiscal year 2013. The system ended March 2013 with 214 days cash on hand.Mr. Hepler, a CPA, earned a bachelor's degree in accounting and finance from Northern Michigan University.
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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CFO Mark Hepler: Holding Strong at Munson HealthcareCFO Michael Scherneck: Financial Know-How at Southeast Georgia Health System
CFO Sid Sczygelski: High Aspirations at Aspirus Wausau Hospital