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BON SECOURS NEWS

Bon Secours Health System Appoints Katherine A. Arbuckle, System Chief Financial Officer

Marriottsville, Maryland, November 6, 2006 -- Today, Bon Secours Health System (BSHSI) announced the appointment of Katherine A. Arbuckle., as chief financial officer (CFO) for the nine-state system. Arbuckle will assume her new responsibilities on December 12, 2006. As CFO, Ms. Arbuckle will function as a strategic partner to the CEO, Richard J. Statuto, managing the financial operations of the organization and leading managed care operations and the supply chain. As a member the Executive Management Team, Arbuckle will help drive system initiatives and lead the Finance function to achieve operational excellence and provide outstanding customer service. As well, she will work closely with health system management, Sponsors and the Board of Directors, as well as local system leadership, to accomplish financial goals and to achieve maximum operational efficiency.

“Kathy’s values and principles are consistent with our health system’s, and we are confident she will be a strong addition to our team,” stated Sister Anne M. Lutz, executive vice president for Sponsorship. She added, “Kathy has significant experience working within faith-based health care and has a deep knowledge base of what it takes to serve communities in improving the community health status.”

Rich Statuto stated, “Kathy Arbuckle has a depth of experiences at board and management levels. The knowledge of Catholic health care and working within the complexities of a multi-state system she brings to BSHSI will significantly enhance the achievement of our strategic goals for pursuing growth, achieving operating excellence and financial performance.”

“I am very excited about becoming part of the Bon Secours organization,” stated Arbuckle. “My own values and philosophies are very compatible with those of BSHSI. I look forward to becoming a contributing member of the leadership team and furthering the mission of the system.”

Bon Secours Health System, Inc. based in Marriottsville, Maryland, is a $2.2 billion dollar not-for-profit Catholic health system that owns, manages or joint ventures 20 acute care, 6 long term care, 6 assisted living and independent living and other facilities, primarily on the East Coast. Bon Secours Health System consists of more than 20,000 caregivers helping people in 12 communities in nine states. Its vision is to be recognized for its leadership in justice, transforming the communities in which it serves and works into places of health and hope, and being a prophetic voice for systemic U.S. health reform and a more humane world.

 

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Peggy Moseley
Bon Secours Health System
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Bon Secours Health System, Inc.
1505 Marriottsville Road | Marriottsville, Maryland 21104 
 410.442.5511 phone | 410.442.1082 fax

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