* UPMC Health System in Pittsburgh plugged into the ubiquitous General Electric Co. to find its new CFO. Robert DeMichiei, 39, will begin overseeing the finances of the far-reaching system on May 3. He takes over many of the duties of UPMC's former executive vice president, John Paul, who departed last year after a 30-year career with the academic health system.
Paul's role as CFO, chief of operations and other senior staff duties were divided among several positions. Sandra Danoff and David Farner were subsequently tapped as senior associates to the president but no one is yet filling the position of COO.
DeMichiei has held various executive finance roles with GE for the last seven years. He is now manager of finance, global business development and integration for GE Energy in Marietta, Ga.
* Louis Panza, senior vice president and treasurer at 253-bed Monongahela (Pa.) Valley Hospital for the last 15 years and a 20-year system veteran, has been named its new president and CEO. That may seem like a long period of service at one hospital, but it's a pittance compared to the man he will succeed on July 1. Anthony Lombardi earlier this year announced his retirement from the system after an action-packed
41 years (March 8, p. 54).
Panza, 45, began his career at Monongahela as controller in 1984 after serving as a healthcare auditor for Arthur Andersen in Pittsburgh. He also served as vice president of finance and as senior vice president and CFO prior to being promoted to his present position in 1989. He is responsible for supervising the financial affairs of the entire corporate system, Mon-Vale Health Resources, which includes a durable medical equipment company, a PPO, a transportation company, an 85-unit assisted living community and a skilled-care facility.
* Health policy veteran Patricia Smith will join the CMS to lead the agency's enactment of Medicare Advantage, the program that replaces Medicare+Choice under last year's prescription drug law. Smith, 52, previously served as senior vice president at the Alliance of Community Health Plans in Washington. "We're very sorry to lose her but she's exactly the kind of person we all should want running a very important part of Medicare," says Jack Ebeler, president of the program. At the CMS, Smith will head the effort to implement Medicare Advantage, which is expected to enroll Medicare beneficiaries in private plans starting in 2006. "It's a daunting challenge, but also one that frankly we have to address for the sake of the Medicare program," says Smith, who starts her new job April 5 and will work in the CMS' Center for Beneficiary Choices.