Montefiore Health System names Colleen Blye chief financial officer
Blye, a certified public accountant, has worked in healthcare finance for 25 years.
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Montefiore Health System, an academic health system which includes the University Hospital for Albert Einstein College of Medicine, has appointed Colleen Blye executive vice president and chief financial officer.
Blye has been leading large, complex health systems for 25 years and will assume responsibility for the system's financial strategy.
Montefiore President and CEO Dr Stephen M. Safyer said in a statement that Blye's experience "makes her particularly well-suited to help build on our rich history," adding that she should be well-suited to improve the organization's financial standing.
Blye comes to Montefiore from Catholic Health Services of Long Island, an integrated healthcare delivery system which includes six hospitals and three nursing homes. It was there that she served as executive vice president and chief financial officer, overseeing treasury management, revenue cycle, financial reporting and planning, third-party contracting, supply chain, accounts payable, payroll, and information technology.
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"Change is needed in the way healthcare is delivered and paid for," said Blye. She stated that Montefiore's goal is to take on risk for 1 million patient lives.
Blye has been a certified public accountant since 1984 and is a member of the American Institute of Certified Public Accountants and the Healthcare Financial Management Association. She is a graduate of the University of Delaware with a B.S. in accounting.
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