Skip to main content

SMHC Welcomes SVP and Chief Financial Officer Rick Olsen

November 05, 2016

Southern Maine Health Care (SMHC) is pleased to announce that Rick Olsen has joined SMHC as senior vice president and chief financial officer. Olsen is responsible for leading the development, management and continuous evaluation of SMHC's short and long-term strategic financial objectives.

“I am delighted that Rick Olsen has joined Southern Maine Health Care as chief financial officer,” said SMHC President and CEO Ed McGeachey. “He brings an impressive breadth of financial experience and knowledge to our organization. Rick is as committed to quality and patient experience as he is to financial excellence, seeing them all as equally critical to SMHC’s future successes.”

Olsen is a highly experienced senior finance executive who has spent the last twenty years of his career leading finance and operations in major healthcare and billing organizations. Most recently Olsen has served as senior director of finance and operations management, corporate financial planning for North Shore LIJ Health System, a $10 billion health system comprised of 18 hospitals and over 450 ambulatory physician practices, as well as chief financial officer of Staten Island Performing Provider System. He is a graduate of New York University and earned an MBA from Hofstra University.

News from Around MaineHealth

View All
MaineHealth’s Access to Care team connects Mainers with coverage during 2021 Open Enrollment
MaineHealth’s Access to Care team is prepared to assist and educate Mainers in shopping for health insurance plans during the Open Enrollment period, which runs November 1 through December 15.
MaineHealth taps Boston Children’s physician with strong information technology background to lead its IT department
Daniel J. Nigrin, MD, is a pediatric endocrinologist who was drawn to the important role that technology plays in delivering world-class health care.
Southern Maine Health Care and Maine Behavioral Healthcare open new behavioral health units in Sanford
The project triples the number of short-stay behavioral health beds in York County.
MaineHealth Earns 2020 CHIME Digital Health Most Wired Recognition
The CHIME Digital Health Most Wired program conducts an annual survey to assess how effectively healthcare organizations apply core and advanced technologies into their clinical and business programs to improve health and care in their communities.
SMHC Offering Free Mammograms for Women Without Insurance in October
October is Breast Cancer Awareness Month and Southern Maine Health Care (SMHC) is offering free mammograms to women in the community age 40 or older without active breast problems who do not have insurance.
SMHC Expands Spiritual and Pastoral Care Services and Welcomes Director, Chaplain Shelly Snow
Snow to oversee the expansion of spiritual and pastoral care services for SMHC’s patients, visitors, care team and community.
MaineHealth establishes safety protocols and sets priorities for bringing back some services amid COVID-19
Universal masking, screening and testing protocols are already in place as the health care system brings back surgeries and other procedures for those patients for whom waiting could have medical consequences.
MaineHealth program aims to keep Mainers covered when a COVID-19 job loss means losing health insurance
The MaineHealth "Access to Care" team connects patients with programs that provide support amid the financial turmoil brought on by the pandemic.
Southern Maine Health Care Launches COVID-19 Phone Line
This community phone line is staffed by SMHC medical professionals who can answer questions and connect people to appropriate resources...
MaineHealth team members see roles change during COVID-19 outbreak but without layoffs or loss of pay
Fighting the pandemic means some assignments have changed, and some are logging fewer hours, but all employees are receiving the full pay and benefits they had prior to the outbreak.