As of Feb. 29, 2012, Ms. Mahan and the 309-bed FMH recorded $6.9 million in operating income, which equals a 2.9 percent operating margin and a 9.8 percent operating EBITDA margin. This is now the third straight year of improved operating profitability, which prompted Fitch Ratings to affirm FMH’s BBB+ credit rating and stable financial outlook.
Fitch analysts also credited Ms. Mahan and the management team with solid future capital plans and a “dominant” market share of 72.8 percent. In fiscal year 2011, FMH also had total operating revenue of $351.7 million, which has held steady.
Before joining FMH, Ms. Mahan served as CFO of St. Joseph Medical Center in Towson, Md., and CFO of The Children’s National Medical Center in Washington, D.C. — the only exclusive pediatric care provider in the D.C. area.
More Articles on Hospital CFO Profiles:
CFO Bill Douglas: Fortifying Riverside Medical Center’s Finances
CFO Linda Hoff: Balancing Meriter Hospital and HMO Duties
CFO Bernadette Spong: Reaching Record-High Cash Flows at Rex Healthcare
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
