Factors included inadequate reimbursements and cumbersome processes, according to Northern Light. Anthem said it will keep lines of communication open.
The CEO pick is considered ideal for leading the system “during these uniquely challenging times” with “a proven record of leading financial turnarounds in hospital systems.”
Many patients are insured by Medicaid or Medicare, which reimburse far less than actual cost of care, the health care system says. Payment adjustments have fallen well short of inflation.
Dr. Jay Reynolds, who has served as the senior physician executive at the hospital for several years, has been filling the role of interim president for the hospital since July 1.
Since 1998, LifeFlight has served over 36,000 patients. It deploys medical teams from bases in Sanford, Lewiston and Bangor, using three helicopters, an airplane, rapid response vehicles and specialized ground ambulances.
More than 100 people attended the event, which was held in South Portland. Panelists included representatives of MaineHealth and Northern Light Health.