CFO Keith Kasper: Overseeing Customer-Focused Finances at University of Pennsylvania Health System

Philadelphia-based University of Pennsylvania Health System has experienced significant investment growth and favorable debt measures with Senior Vice President and CFO Keith Kasper providing financial leadership.

keith kasper Moody's Investors Service recently affirmed the health system's "Aa3" and "Aa3/VMIG" bond ratings. The system has a favorably low debt-to-cash flow measure of 2.4x and 25 percent debt-to-revenue, according to Moody's. Its debt structure is also low-risk, and unrestricted investments have grown to 240 days of cash on hand. Moody's also affirmed a stable outlook for the system.

In addition to leading the health system's capital and operating budget process, Mr. Kasper provides financial support in developing strategic and operating plans. He also integrates financial services to support business objectives, leads the implementation and oversight of efficient customer-focused financial systems and provides management controls and stewardship of assets.

Before joining UPHS, he served as CFO of Hahnemann University Hospital in Philadelphia. He also held various senior financial positions at hospitals nationwide.  Mr. Kasper holds a bachelor's degree in accounting from Saint Joseph's University in Philadelphia and a master's degree in business administration from the University of Phoenix.

More Articles on Hospital CFO Profiles:
CFO Denis Ryan: Reigning Over Finances at Children's Hospital of the King's Daughters
CFO Terry Steele: Holding Steady at Holland Hospital
CFO Cass Wisniewski: Michigan Mainstay at Hurley Medical Center

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