May 25, 2018
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EMHS names new chief financial officer

By Jackie Farwell, BDN Staff

BREWER, Maine — Eastern Maine Healthcare Systems has named a Washington, D.C., hospital executive as its new chief financial officer.

Derrick Hollings, formerly CFO and executive vice president of hospital operations at United Medical Center in Washington, D.C., has worked at academic medical centers, community hospitals and joint venture companies throughout his career, according to a press release from EMHS.

Hollings was dismissed last August as CFO of the city-owned United Medical Center by the district’s CFO, according to a Washington Business Journal report. He was hired under the hospital’s previous ownership, and his position transitioned to a one-year contract in 2010. He remained at the hospital as a vice president. District government sought a new CFO with limited duties and a lower salary.

United Medical CEO Frank DeLisi said in the release that Hollings’ departure was a loss for the community, crediting him with a keen understanding of health care finances.

Hollings was instrumental in developing a national network of ambulatory surgery centers and a company that provides medical practice Web portals to physicians, the release states.

Hollings plans to begin his new duties at EMHS on April 9. He replaces interim CFO Scott Oxley, who stepped in following Dan Coffey’s transition last May to president and CEO of The Acadia Hospital. Hollings has also been named senior vice president and treasurer for EMHS.

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