Brewer, Maine – (June 23, 2017) – After 20 years of leading EMHS philanthropic efforts, Michael Crowley has decided to leave EMHS Foundation in favor of helping the place he calls home.  Crowley will become the first executive director of Our Katahdin, a not for profit organization that is promoting community and economic development in the Katahdin region.
Moody’s Investor Services announced today a downgrade of EMHS’ credit rating to Ba1 with a negative outlook. Moody’s informed EMHS earlier this year that a downgrade from Baa3 was being considered. Last month, EMHS senior leadership met with representatives of Moody’s in New York and discussed the system’s improved financial performance while also revealing a solid plan for continued improvement.
The health care challenges that we as Americans face are significant. An aging population, high prevalence of chronic diseases, stretched public and private budgets, and a lack of health insurance for nearly one in nine of our citizens are realities we need to recognize and address.
EMHS has chosen Cerner, a global leader in healthcare technology, to implement its integrated electronic medical record (EMR) system. The single EMR will replace five different systems that are in use now throughout EMHS.
Mayo Regional Hospital has signed an interim agreement with EMHS. This non-binding agreement follows a substantial amount of work completed since last August when Mayo submitted a letter of intent with the Brewer-based health system. While the interim agreement does not commit Mayo or EMHS to any particular end result, it does acknowledge the potential opportunities for a closer relationship. It also provides a legal framework and timeline for each organization to do what is necessary to further define that relationship.
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