Brattleboro Retreat has announced the appointment of Steven L. Monette as the hospital’s new Chief Financial Officer (CFO), with a start date effective December 1st.
Monette comes to the Retreat with extensive experience in healthcare finance. His most recent position was at Valley Regional Healthcare, Inc., in Claremont, NH, where he served as Chief Financial Officer and Treasurer since 2006. Before assuming that position he served for one year as Valley Regional Healthcare’s controller.
Past employers also include Central New England Health Alliance in Leominster, MA, and Cooley Dickinson Hospital in Northampton, MA.
“I am excited to serve and to be part of an historic institution like the Brattleboro Retreat that benefits the lives of so many throughout our community and beyond,” said Monette.
In his role at the Retreat, Monette will provide crucial input on strategic planning while also monitoring and communicating financial results and providing insight into anticipated market trends. He will guide the process of managed care contracting and participate in efforts related to healthcare payment reform and the establishment of strategic partnership opportunities.
Monette holds a bachelor’s degree in Business Administration with a major in Accounting from Western New England College in Springfield, MA.
“We’re thrilled to have Steve join our executive team,” said Dr. Rob Simpson, president and chief executive officer of the Brattleboro Retreat. “His impressive background in healthcare finance, along with his proven leadership skills, will offer significant benefits to the Retreat in an era of increasing customer expectations coupled with a greater demand for the efficient use of available resources.”
The Brattleboro Retreat, founded in 1834, is a not-for-profit, regional specialty psychiatric hospital and addictions treatment center, providing a full range of diagnostic, therapeutic and rehabilitation services for individuals of all ages and their families. Recognized as a national leader in the treatment mental illness and addiction, the Brattleboro Retreat offers a high quality, individualized, comprehensive continuum of care including inpatient, partial hospitalization, residential and outpatient treatment.