In April, Moody’s Investors Service affirmed Munson’s “A1” rating on $105 million of debt. Munson dominates the tertiary market in the surrounding five counties and has demonstrated a strong financial track record, with a 9.9 percent margin in operating cash flow through the first nine months of fiscal year 2013. The system ended March 2013 with 214 days cash on hand.
Mr. Hepler, a CPA, earned a bachelor’s degree in accounting and finance from Northern Michigan University.
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.
More Articles on Hospital CFO Profiles:
CFO Mark Hepler: Holding Strong at Munson Healthcare
CFO Michael Scherneck: Financial Know-How at Southeast Georgia Health System
CFO Sid Sczygelski: High Aspirations at Aspirus Wausau Hospital
