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Wrong Terry Brann?

Terry E. Brann

Chief Financial Officer

MaineGeneral Health

HQ Phone:  (207) 626-1000

Direct Phone: (207) ***-****direct phone

Email: t***@***.org

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MaineGeneral Health

35 Medical Center Parkway

Augusta, Maine, 04330

United States

Company Description

MaineGeneral Health is the parent corporation of a network of acute care hospitals, physician practices, rehabilitation centers, long term nursing care, and assisted living and retirement communities. MaineGeneral Medical Center is an acute care hospital with ...more

Find other employees at this company (1,058)

Background Information

Affiliations

ACO Primary

Participant Representative


Web References(28 Total References)


Board of Directors - Kennebec Region Health Alliance

Terry Brann


Medicare ACO - Kennebec Region Health Alliance

Terry Brann, Director, Voting Power 1, ACO Participant Representative, MaineGeneral Medical Center
Terry Brann, CFO, MaineGeneral Health, KRHA Director


Maine Hospital Association - Healthcare Finance Council

Terry Brann, Chief Financial Officer (Committee Member)
MaineGeneral Medical Center


http://www.pressherald.com/2015/08/05/agency-downgrades-mainegenerals-bond-rating-but-expert-foresees-little-effect/

But Terry Brann, MaineGeneral's chief financial officer, said many of the financial issues were the result of a collections system that was processing payments from insurers slowly.
He said that has improved with the implementation of a new system, and at the end of the fiscal year on June 30, the group had about $105 million in cash reserves, equaling about 85 days of cash on hand. As a share of revenue, MaineGeneral also had 6.2 percent debt - higher than the industry median of 3.6 percent - but Fitch said that should decline because the hospital is planning no further debt. "We're performing very well within our metrics, and there are some very good stories to tell about our financial picture," Brann said.


NASC Advisory Committee for State Comptrollers: Technical Activities and Functions Committee > Committees > NASACT

Terry E. Brann
State Controller


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