Firelands Health CFO Dan Moncher Retires
(Sandusky, Ohio) Firelands’ Executive Vice President and Chief Financial Officer, Dan Moncher, is retiring after 24 years of service to Firelands Health, and 35 years as a Chief Financial Officer. Throughout Dan’s tenure he has made many contributions to Firelands Health that have assisted the organization in sustaining a healthy financial portfolio and maintaining independence in a competitive market.
Dan has been a pillar of Firelands’ success during the time he has served the organization, with many accolades and recognitions. Notably, in 2019, Dan was recognized by Becker’s Healthcare as one of the “100 hospital health system CFOs to know.” In addition, in 2013 he also made Becker’s top 125 CFOs in the nation.
As the CFO of Firelands Health, Dan had a unique skillset and affinity towards investment activities. He actively managed a successful interest rate risk management program that resulted in cashflow for the organization. Dan was instrumental in the hospital maintaining an “A” category bond rating for over 20 years. He also successfully oversaw the hospital’s investment portfolio, assuring a financial safety net for the health system and community for years to come.
Dan is also recognized as a pillar in the community for his service work. He has taken an active role by serving on many community and not-for-profit boards and finance committees. In 2013, Dan was recognized as the Beacon of Light by his Firelands Health peers for his community stewardship. The Firelands Beacon of Light is a program developed to recognize team members who exemplify and exhibit the values of Firelands Health in the form of exceptional attitude, commitment and enthusiasm (ACE). The award goes to individuals who ACE it every day for patients and co-workers.
Dan oversaw: sustainability methods to keep Firelands financially strong; the acquisition of Providence Hospital, now known as Firelands south campus; the establishment of a revenue cycle department, which has become a model for hospitals in the region; as well as many other accomplishments along the way. As he retires, Dan plans to stay involved in the community on several boards and finance committees. He is also excited to spend time with his grandchildren. Dan’s leadership will be missed by many.