CFO Eric Peburn: Fortifying Halifax Health's Strong Balance Sheet

For almost five years, Eric Peburn has led the financial drive behind Halifax Health, based in Daytona Beach, Fla., and the health system's balance sheet is strong to say the least.

Eric Peburn is CFO of Halifax Health.In fact, Fitch Ratings recently affirmed Halifax Health's "BBB+" credit rating and said Halifax's balance sheet and liquidity are its "primary credit strength."

As of June 30, 2012, Halifax Health had $415.6 million of unrestricted cash and investments, which equaled more than 331 days cash on hand, an 18.3x cushion ratio and a 116.7 percent cash-to-debt ratio. Fitch analysts believe Mr. Peburn and his financial team have managed the system's cash well despite the affect of Medicaid reimbursement reductions statewide.

Mr. Peburn joined Halifax Health in 1996 as the corporate controller. He eventually became director of finance and assistant administer before becoming CFO in November 2007. Before Halifax Health, Mr. Peburn, a certified public accountant, served as an auditor for Ernst & Young in Orlando.

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

More Articles on Hospital CFO Profiles:

CFO Chuck Jeffress: Developing Hospital Financial Strategies in South Texas

CFO Carolyn Allen: Southcoast Health System's Budgeter-in-Chief

CFO Diane Corrigan: Monitoring the Business of Philly's Largest Hospital

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars