Last August, Moody's Investors Service affirmed the A2 credit rating of Fort Collins, Colo.-based Poudre Valley Health System, and CFO Stephanie Doughty and the rest of the executive team have led the charge to keep the private, non-profit health system financially solvent.
Ms. Doughty oversees the treasury functions, patient business services, coding, payor relations, materials management and overall financial planning of PVHS, which received the Malcolm Baldrige National Quality Award in 2008.
Moody's has long considered PVHS to be one of the most fiscally stable health systems in the country. In its affirmation (pdf), Moody's analysts said Ms. Doughty and PVHS recorded a strong 2010 fiscal year. PVHS had a 17.7 percent operating cash flow margin, a 3.1 debt-to-cash flow ratio, an 89 percent market share in Fort Collins and 230 days of cash on hand.
Before joining PVHS in 1998, Ms. Doughty served as CFO of St. Anthony's Hospital, part of the BayCare Health System, in St. Petersburg, Fla. She also worked with Bayfront Medical Center, also in St. Petersburg, for 10 years as the controller and vice president of finance and with Englewood (Fla.) Community Hospital as the controller.
A certified public accountant and a member of the American Institute of CPAs, Ms. Doughty also serves on the governing boards of an ambulatory surgery center joint venture and a sub-acute rehabilitation joint venture, among others.
Ms. Doughty oversees the treasury functions, patient business services, coding, payor relations, materials management and overall financial planning of PVHS, which received the Malcolm Baldrige National Quality Award in 2008. Moody's has long considered PVHS to be one of the most fiscally stable health systems in the country. In its affirmation (pdf), Moody's analysts said Ms. Doughty and PVHS recorded a strong 2010 fiscal year. PVHS had a 17.7 percent operating cash flow margin, a 3.1 debt-to-cash flow ratio, an 89 percent market share in Fort Collins and 230 days of cash on hand.
Before joining PVHS in 1998, Ms. Doughty served as CFO of St. Anthony's Hospital, part of the BayCare Health System, in St. Petersburg, Fla. She also worked with Bayfront Medical Center, also in St. Petersburg, for 10 years as the controller and vice president of finance and with Englewood (Fla.) Community Hospital as the controller.
A certified public accountant and a member of the American Institute of CPAs, Ms. Doughty also serves on the governing boards of an ambulatory surgery center joint venture and a sub-acute rehabilitation joint venture, among others.
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