November 5, 2020 Media Contact: Pam Klosowski
MH CFO Prepares for Retirement
MASSENA, NY – To say you’re retiring after 46 years is in itself, impressive. To point out that 40 of those years have been as a Chief Financial Officer (CFO) is a rather amazing feat.
Massena Hospital (MH) Chief Financial Officer Patrick Facteau will be retiring from his post on November 20, 2020, and will be leaving some rather large shoes to fill.
Mr. Facteau came to (then-called) Massena Memorial Hospital over five years ago, and has served as the CFO for the majority of his time, except for a three-month period where he was appointed Interim Chief Executive Officer.
“I have been in the healthcare industry for my entire career – all 46 years,” Mr. Facteau said. “While I’ve been a CFO for the majority of those years, I’m not just a numbers guy. During my 22 years at Adirondack Medical Center I oversaw every ancillary (non-clinical) department there.”
He said he believes those years of working with so many different departments afforded him to be an even more effective manager because he could understand their budget requests and department challenges from a first-hand perspective.
“Pat has served our staff, patients, and community members as CFO for five years; leading our organization’s financial system, along with overseeing accounting, patient registration, patient financial services, patient financial counseling, materials management, and revenue cycle. Most recently, Pat’s diligence and experience was invaluable in ensuring our transition of care and affiliation with St. Lawrence Health System,” stated Massena Hospital Chief Executive Officer David Bender.
One of the accomplishments Mr. Facteau is most proud of over his career is the affiliation that was garnered between Massena’s hospital and St. Lawrence Health System. He noted he was responsible for assembling and disseminating the majority of the legal paperwork on behalf of Massena Memorial Hospital.
“I was always supportive of our hospital becoming a member of St. Lawrence Health System. I was proud to be part of the integral team and working with everyone from the System to make this happen. The $20 million grant the hospital received to assist with our monetary issues would not have happened without the affiliation,” Mr. Facteau said.
Another highlight of the past four decades for Mr. Facteau was being chosen to make the graduation address at his high school alma mater. “I was asked to give the graduation speech at Tupper Lake High School, and was very honored to do so,” he said.
As he looks to the future of the institution he will be retiring from, Mr. Facteau said he believes good things are on the horizon.
“Serving as a rural health clinic will largely impact the future for Massena Hospital with its outpatient and clinical services. The growth of those services will provide healthcare to this community well into the coming years,” he said.
“I have appreciated working with the staff here at Massena Hospital and throughout the System. They are a great group of people who work very hard. I hope I’ve taught some of them a few things along the way,” Mr. Facteau said. “Now, I’m ready for a rest.”