Moody’s Investors Service recently affirmed the “Baa2” rating assigned to Baptist’s $198 million in bonds. The system has a stable outlook due to improved operating performance during the first nine months of fiscal year 2013, generating an 8.9 percent operating cash flow margin, according to Moody’s.
Mr. Johnston has served Baptist in various leadership positions since joining the health system in 1991. Prior to obtaining his current position, he served as vice president of finance. Before joining Baptist, he was a controller at HealthSouth Lakeshore Rehabilitation Hospital in Birmingham.
He holds a bachelor’s degree in commerce and business administration from the University of Alabama in Tuscaloosa and is a certified public accountant.
More Articles on Hospital CFO Profiles:
CFO Troy Parker: Straight ‘A’s at UNM Sandoval Regional Medical Center
CFO Marvin Eichorn: Maintaining Financial Stability for Mountain States Health Alliance
CFO Mary Ann Freas: Integrating Financial Aid and Hospital Investments
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