CFO Marvin Eichorn: Maintaining Financial Stability for Mountain States Health Alliance

Mountain States Health Alliance in Johnson City, Tenn., has sustained its fiscal viability, despite economic challenges, under the leadership of Senior Vice President and CFO Marvin Eichorn.

eichornFitch Ratings recently affirmed a bond rating of "BBB+" for Mountain States and confirmed a stable outlook for the health system based on its solid financial position, driven by cost efficiencies and a strong market position. The system's operating cash flow has consistently been "outstanding," with a 15.7 percent EBITDA margin in fiscal 2011, according to Fitch.

Mr. Eichorn has served at Mountain States since its creation in 1998. During his time with the system, he has overseen the acquisition of five community hospitals in southwest Virginia. Earlier this year, Becker's Hospital Review recognized him as one of 125 hospital and health system CFOs to know.

Before joining Mountain States, Mr. Eichorn was executive vice president at Covenant Health in Knoxville, Tenn. He also served as vice president and CFO of the Windham Company, a management consulting company in Pensacola, Fla. He holds a bachelor's in accounting from the University of West Florida and a master's of business administration from Milligan College in Elizabethton, Tenn.

More Articles on Hospital CFO Profiles:
CFO Doug Arvin: Among the Top Class of Cincinnati Hospital CFOs
CFO Duncan Gallagher: Helping Allina Health's Future Financial Position
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