CFO Chuck Robb: Saint Luke's Health System's Fiscal Principal
When Mr. Robb joined Saint Luke's, he started out as CFO of Saint Luke's Hospital, the 382-bed flagship facility of the health system. During his ascent, Saint Luke's fiscal position also rose. This week, Moody's Investors Service affirmed Saint Luke's high A1 bond rating on its $384 million of outstanding debt, and Mr. Robb and the financial leadership have helped keep the health system in great financial health.
Moody's analysts said Mr. Robb, who is also COO, and the financial team have maintained excellent operating performance figures since fiscal year 2009. In FY 2011, the health system had a 10.4 percent operating cash flow margin, 177 days cash on hand and $137 million in restricted cash and investments.
Before joining Saint Luke's, Mr. Robb worked at Ernst & Young from 1978 to 1991. He is a certified public accountant and is involved in several civic and professional groups, such as the American Institute of Certified Public Accountants and the American College of Healthcare Executives.
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