M. Michelle Hood, FACHE, president and CEO of EMHS announced today that John Ronan, FACHE, has been named president of Blue Hill Memorial Hospital and Maine Coast Memorial Hospital. Ronan has led Blue Hill since 2014 and has been acting president at Maine Coast since late 2016.
Standard and Poor’s (S&P) today reaffirmed its ‘BBB’ long-term rating for EMHS. S&P also adjusted its outlook for the system from stable to negative, citing operating performance at some EMHS member hospitals. At the same time, S&P stated that they recognize year-to-date operating and net earnings are solidly positive due to reduced depreciation expense after a revaluation of physical assets, increased revenue from EMHS’ investment portfolio restructuring, and the benefit of prior year settlements under MaineCare, the state’s Medicaid program.
EMHS president and CEO, M. Michelle Hood is pleased to announce that Scott Oxley, vice president and chief operating officer (COO) for Acadia Hospital, has accepted the role of EMHS senior vice president and president of Acadia Hospital.
In June, Michelle Hood, president and CEO, EMHS, participated in an on-camera interview with H&HN about Maine’s unique challenges as a rural state and the need for innovation and collaboration to ensure access to healthcare services are available closer to home in all communities.
Barry McCrum, owner and president of McCrum and Company and previous senior vice president for Government and Public Affairs at Time Warner Cable has been elected as the next chair of the EMHS Board of Directors. The election was held during the board’s annual meeting June 14 at the EMHS Home Office in Brewer. Stephen Rich, of Glenburn, was elected vice-chair.
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