Meritus CFO named a 40 under 40 for 2024 by Modern Healthcare magazine

HAGERSTOWN, Md. — Meritus Health is proud to announce that Chief Finance Officer Josh Repac was recognized by Modern Healthcare as one of the 40 Under 40 for 2024. 

This national program recognizes the healthcare industry's rising stars age 40 and under who contribute to a culture of innovation and help their organizations achieve and exceed financial, operational and clinical goals. 

“Our inaugural class of 40 Under 40 demonstrates the wide range of talent needed in healthcare today and in the years to come,” said Mary Ellen Podmolik, editor-in-chief of Modern Healthcare. “They are the rising stars who will propel the industry forward with a focus on innovation, efficiency, affordability and compassion.”

Meritus President and CEO Maulik Joshi, Dr.P.H., said Repac is deserving of the honor.

“He is a financial expert who combines his deep passion for patient and community health with his strong business acumen to create an innovative and impactful leadership approach,” Joshi said. “Josh is the complete package.”

Repac has helped Meritus improve its efficiency ranking by more than 12 spots, to become the second-most efficient hospital in Maryland. He’s also helped reduce overhead at Meritus by almost 15% in less than three years. He said the best part of his role is the opportunity to make a difference.

“If our community members can’t afford care they won’t enjoy healthy or high-quality lives,” Repac said. “Working to reduce costs, look for innovative opportunities to improve our community’s health and working directly with some of our service lines helps our teams better serve our neighbors.  I’m honored to represent Meritus and honored to have been named to this list with so many other influential healthcare leaders.”

Aside from finance, Repac’s role at Meritus includes him overseeing nutrition services, physical therapy and imaging services.

He also is involved in the community, serving on the board of directors for Horizon Goodwill, Inc. He played an instrumental role in developing an innovative partnership between Meritus and Goodwill, which created a pathway to employment for pockets of the community that were underserved and established the Prospect Street Clinic, providing free care to vulnerable community members.

The profiles of all the honorees are featured in the Feb. 12 issue of MH magazine and online at modernhealthcare.com/education-events/2024-40-under-40.