Emerson Hospital announced today that it has named Michael Hachey its new Senior Vice President and Chief Financial Officer. In this role, the Westford resident is responsible for the oversight of all of Emerson’s financial operations.
Mr. Hachey has more than 25 years of experience in health care finance. Since 2003 he has served as the Chief Financial Officer (CFO) of Mercy Health System of Maine in Portland. Previously, he was the Chief Operating Officer for Miles Health Care, a subsidiary of MaineHealth. He also served as the CFO of Miles Health Care and St. Andrews Hospital, part of MaineHealth. He began his career in public accounting with Ernst & Young.
“Mike is a seasoned finance leader who has an excellent track record of improving the financial performance of a variety of community health systems,” said Christine Schuster, president and CEO of Emerson. “I am proud to have him on our team to guide Emerson to continued financial success as we focus on expanding our services and improving the health of the 300,000 people we care for each year.”
Commenting on his appointment, Mr. Hachey said, “Emerson is a model for community health systems and has long been admired for its ability to stay focused on providing exceptional patient care within a financially strong organization. I’m looking forward to working with the team to position Emerson for a long and healthy future.”
Mr. Hachey holds a Bachelor of Science in Accounting and Master of Business Administration from Thomas College in Waterville, Maine. He is a Fellow of the American College of Healthcare Executives and the Healthcare Financial Management Association, and is a Certified Public Accountant. He recently relocated from Maine to Westford, Massachusetts.
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Emerson Hospital is a multi-site health system headquartered in Concord, Mass., with additional facilities in Sudbury, Groton and Westford. The 179-bed hospital provides advanced medical services to more than 300,000 individuals in 25 towns. To learn more, visit www.emersonhospital.org.