Reynolds Announces 2013 Retirement
Richard M. Reynolds, president and CEO of MidMichigan Health, has announced his decision to retire in early 2013.
Reynolds has been with MidMichigan for 32 years and has held many leadership positions culminating with president and CEO from 2008 to the present. He also served as president of MidMichigan Medical Center–Midland and executive vice president of MidMichigan Health from 2004 to 2008. Prior to those roles he was senior vice president and treasurer and chief financial officer of MidMichigan Health from 1984 to 2004. Reynolds originally joined the Medical Center in Midland in 1980 as vice president for finance. Before coming to MidMichigan he had served since 1972 as senior audit manager with Ernst & Young.
The MidMichigan Health Board of Directors has appointed a search committee to conduct a nationwide search to fill his position.
“Rick is one of the finest leaders in health care today, and he is leaving our organization better prepared than ever to face the future. Under his tenure MidMichigan Health has been financially strong and developed many strategic programs and services to provide excellent health care for people in the communities we serve,” said Eric P. Blackhurst, chair of the board of directors of MidMichigan Health.
Under Reynolds’ leadership as president, MidMichigan Health expanded the Medical Center in Midland to become the only hospital in the Tri-Cities with all private patient rooms, the newest and most advanced surgical suites and the region’s leader in clinical technology. Additionally, MidMichigan has grown to include Health Parks in Freeland and West Branch, medical offices in Hemlock, Sanford and Beaverton, an open heart cardiovascular program, as well as physician practices throughout the region. Reynolds also forged relationships with colleges and universities to advance higher medical education. MidMichigan has become a site for the graduate medical education program of Michigan State University and is partnering with Central Michigan University’s College of Medicine opening in the fall 2013. During Reynolds’ tenure MidMichigan Health has been the recipient of numerous state and national awards including being named one of the top health systems in the nation by Thomson Reuters.
“MidMichigan Health has been my life’s work,” Reynolds said. “Throughout my career I have been surrounded by an outstanding team of professionals who are all dedicated to making MidMichigan Health the best that it can be for the people we serve. It is the employees, physicians, volunteers, donors and board members who have made excellence possible. While I will miss working with them, I am looking forward to a new stage of life knowing that MidMichigan Health has a solid future.”
Reynolds has an extensive roster of civic involvement and business leadership. He is chairman of the board of directors of Wolverine Bank, director and executive vice president of the Charles J. Strosacker Foundation, director and past chairman of Caymich Insurance Company, director and member of the Executive Committee of the Michigan Health & Hospital Association, and director of Midland Tomorrow and the Greater Midland Community Centers, Inc. He previously served as director and 2007 annual campaign chairman of the United Way of Midland County, chairman and director of the Midland Area Chamber of Commerce, director and treasurer of the Midland Area Community Foundation, as well as numerous other nonprofit organizations.
Reynolds is a certified public accountant, a member of the American College of Healthcare Executives, and a Fellow in the Healthcare Financial Management Association. He graduated with honors from Michigan State University.
MidMichigan Health is one of the largest employers in the region with more than 4,600 employees and an annual operating budget of approximately $1 billion. It covers a 14-county region with medical centers in Midland, Alma, Clare and Gladwin, as well as urgent care centers, home care, nursing homes, physicians, medical offices and other specialty health services. MidMichigan provided $75.5 million in community benefits in fiscal year 2011.