FOR IMMEDIATE RELEASE
Contact: Joe M. Grillo or Richard E. Nicolazzo
Nicolazzo & Associates
(617) 951-0000
jgrillo@nicolazzo.com
rnicolazzo@nicolazzo.com
SAINTS MEDICAL CENTER APPOINTS
STEPHEN J. GUIMOND CHIEF FINANCIAL OFFICER
LOWELL, Mass., Aug. 19, 2009 -- Saints Medical Center has announced the appointment of Stephen J. Guimond as Chief Financial Officer. Guimond, who begins his duties immediately, reports directly to Michael G. Guley, President and Chief Executive Officer.
Prior to joining Saints, Guimond was a Consulting Principal at Cape Healthcare Finance, LLC, where he contracted with Connance, Inc. of Waltham, Mass., to provide technical advice on product improvement and business development advisory services.
For more than 25 years, he was CFO at Cape Cod Hospital and Cape Cod Healthcare, Inc., a regional healthcare delivery system consisting of 310 acute care beds, a nursing facility, assisted living center, regional Visiting Nurses Association, multiple medical practices, a development foundation, and an affiliated captive insurance company.
Earlier in his career, he worked for Hospital Corporation of America, St. Anne’s Hospital in Fall River, Mass., Touche Ross & Co. of Boston, and Newton Wellesley Hospital. Guimond earned his BS degree in accounting from Bryant College. He is a member of several professional healthcare organizations and philanthropic community groups.
In making the announcement, Guley said, “Challenging economic times call for hospitals to recruit and retain the best possible financial talent. In choosing Stephen Guimond for this important position, Saints has a strong senior executive in place who can successfully navigate the myriad of business processes that are necessary to maintain a strong balance sheet and continued profitability.”
Guimond said, “I am pleased to join a community healthcare system that is dedicated to providing high-quality, compassionate care to the Greater Lowell region. I look forward to working with the senior management team to further strengthen hospital operations and assure the continuation of Catholic-based care.”
About Saints Medical Center
Saints Medical Center is a nonprofit, full service, acute care community hospital serving Greater Lowell and the Merrimack Valley since 1839. A 163-bed licensed medical center, Saints provides advanced health services to 315,000 residents in 25 towns. With nearly 400 physicians and 1,400 employees, Saints Medical Center is well known for outstanding medical care and patient-centered facilities including its Centers of Excellence in Cancer Care, Orthopedics, Cardiovascular Services and Women’s Health. Saints also offers community-based care at several ambulatory sites and is dedicated to promoting health and wellness in the community. Saints has a clinical affiliation with the leading Boston academic medical centers and is proud to be one of the top-rated hospitals in Massachusetts according to The Joint Commission.
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