CFO Jeffrey Sherman: Guiding the Financial Strategy of LifePoint Hospitals

For the past three-plus years, CFO Jeffrey Sherman has led the financial operations of Brentwood, Tenn.-based LifePoint Hospitals — the fourth-largest for-profit hospital operator in the country.

Mr. Sherman has led the executive team in fiscal strategy, which resulted in Fitch Ratings awarding LifePoint with a "BB" issuer default rating, one of the highest among the for-profit hospital companies.

Financial metrics have also remained very positive under Mr. Sherman's CFO tenure. As of June 30, 2012, LifePoint had total liquidity of $492.3 million, EBITDA of $557.4 million in the past 12 months and $3.46 billion of net revenue in the past 12 months.

Before joining LifePoint, Mr. Sherman was vice president and treasurer of Dallas-based Tenet Healthcare, another major for-profit hospital operator. While there, he oversaw all aspects of corporate finance, cash flow management, risk management and capital structure.

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 ldunn@beckershealthcare.com.

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