CFO R. Milton Johnson: Financial Director of the Largest U.S. Hospital Chain
Upon leaving Ernst & Young in 1982, Mr. Johnson joined HCA as a tax manager in the research and planning division, bringing his total HCA tenure to 30 years. He eventually became HCA's vice president of tax in 1995, and three years later, he was named senior vice president and controller.
Mr. Johnson, who also is president of HCA, oversees the company's treasury, government programs, investor relations, development, managed care, controller, performance improvement and several other areas.
In 2011, Mr. Johnson and HCA recorded $2.47 billion in profit — a sizable increase from the $1.21 billion in fiscal year 2010 thanks to its joint venture with HealthONE. HCA's net revenue for FY 2011 was $29.7 billion, up roughly 6 percent from 2010, and it also had an adjusted EBITDA of $6.06 billion.
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 firstname.lastname@example.org.
More Articles on Hospital CFO Profiles:
© Copyright ASC COMMUNICATIONS 2014. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.