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Richard T. Celiberti Appointed President & Chief Executive Officer Of Our Lady Of Mercy Medical Center In The Bronx New York

Our Lady of Mercy Medical Center (OLM) in the Bronx, New York, has appointed Richard T. Celiberti as its President and Chief Executive Officer of the Medical Center. Mr. Celiberti will also serve as a Senior Vice President at OLMs parent corporation, the Catholic Health Care System, which is comprised of 10 Catholic-sponsored nursing homes and hospitals in the Archdiocese of New York.

BRONX, New York (PRWEB) January 15, 2004 --The Board of Directors of Our Lady of Mercy Medical Center (OLM) is pleased to announce the appointment of Richard T. Celiberti as its President and Chief Executive Officer of the Medical Center, effective January 12, 2004. Mr. Celiberti will also serve as a Senior Vice President at OLMs parent corporation, the Catholic Health Care System, which is comprised of 10 Catholic-sponsored nursing homes and hospitals in the Archdiocese of New York.

Mr. Celiberti brings a strong and varied health care background to his new position at OLM. Most recently, he served as the Acting Chief Operating Officer for Mount Sinai Hospital in Manhattan, where he was involved in the financial turnaround of the $1 billion academic medical center.

Previously, Mr. Celiberti was Vice President for Cap Gemini Ernst & Young, where his accomplishments included leading the successful turnaround for three New York City community teaching hospitals and directing efforts to improve operations, enhance quality and reduce costs for the firms most prestigious health care clients. Prior to that, he was a Partner in the firm of Ernst & Young. During his twenty-eight year career with E & Y, he advised more than 100 hospitals in operational improvement. He was also the national director of the nations largest and most profitable health care consulting practice.

Richard Celiberti is ideally suited to manage the financial and operational challenges that continue to face community-teaching hospitals like Our Lady of Mercy," said Karl P. Adler, M.D., the Archbishops Delegate for Health Care and a member of OLMs Board of Directors. His proven track record of leading New York--based health care organizations to achieve strategic growth and clinical and operational effectiveness in a most challenging environment speaks for itself. We are delighted that he has accepted the position at OLM and are confident he will work with our physicians, nurses and other professionals to bring the medical center to new levels of achievement."

Mr. Celiberti will work closely with Mary Keegan, senior vice president and chief financial officer of OLMs parent corporation, the Catholic Health Care System (CHCS). Ms. Keegan has been serving as the medical centers interim chief executive since October 2003. Mr. Celiberti will be working with Ms. Keegan in implementing a business plan that will ensure operational and financial stability for the institution over the long-term.

The Board of Directors is confident that Mr. Celiberti brings the right background to help sustain our Catholic health care ministry and successfully meet our goals of providing the highest quality care to our patients," said OLMs Chairman Chris Conley. We conducted a nationwide search for the right individual and believe he will effect a turnaround that will continually enhance our quality of care, streamline operations and improve financial results."

A Certified Public Accountant and veteran of the U.S. Army, where he served as the Chief Financial Officer of a 500-bed military hospital, Mr. Celiberti received his Master of Business Administration in Finance from Temple University and his Bachelor of Science Degree in Accounting from New York University.

He lives with his wife, Marion, in Chappaqua,
New York.

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Fred Yaeger
YAEGER PUBLIC RELATIONS
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