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Finger Lakes Health Names Treasurer and Chief Financial Officer

At its April 27, 2011 meeting, the Finger Lakes Health Board of Directors elected Patricia Thompson as Treasurer & Chief Financial Officer (CFO) of Finger Lakes Health. This follows President & CEO, Dr. Jose Acevedo’s recent announcement of Mrs. Thompson’s promotion to the position of Treasurer & CFO for Finger Lakes Health. Thompson has been with the health system for 29 years and has served as Director of Finance for the past 20 years. She has a Master’s degree in business and policy studies and a Bachelor’s degree in accounting.

Jose Acevedo, M.D., MBA, President and CEO of Finger Lakes Health, praised her for her significant contributions to our health system, “Over the past 20 years Pat has provided leadership of the Finance Department. She and her team have led our organization through many changes and have accomplished ten years of deficiency free audits, a very difficult accomplishment in our industry. She has a depth of experience in healthcare financial management unmatched by most finance professionals. We are thrilled that Mrs. Thompson will continue to apply her expertise in service to the health system with this increased responsibility for the Finance Division.”

Thompson is a Certified Healthcare Financial Professional through the Healthcare Financial Management Association. During her tenure at the health system, she has been involved with several information system implementations, overseen the development of Finger Lakes Health’s financial aid program and criteria, and has led many process changes including recent enhancements to customer convenience in key areas such as patient registration.

This leadership change has been planned over the course of several years in relation to Finger Lakes Health’s executive succession plan. Larry Farnand will remain with the organization in a part-time role as Financial Advisor to the CEO and CFO. Mr. Farnand was hired in 1979 as the Treasurer and Chief Financial Officer at Geneva General Hospital, and subsequently, Finger Lakes Health. He is widely recognized for significant contributions to the development of Finger Lakes Health, his astute financial management skills, and service on several community boards. Currently, Larry serves on the Finger Lakes Visiting Nurse Service as a corporate member representative, a member of Soldiers Ventures Board, and a member of the Finance Committee of the Regional Health Information Organization.

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