Oregon hospital CFO to retire after nearly 17 years in role

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Richard Rico, vice president and CFO of Sky Lakes Medical Center in Klamath Falls, Ore., will retire on May 30, concluding a nearly 17-year tenure at the 176-bed, nonprofit hospital and a 40-year career in healthcare finance. 

Mr. Rico earned his MBA from California State University in Fresno and began his career in healthcare finance in 1990 as CFO of Sacred Heart Hospital & Health Center in Hanford, Calif. During the 1990s, he held several CFO roles at hospitals across California and Oregon, including Lindsay (Calif.) Hospital Medical Center, San Leandro (Calif.) Hospital, and several district hospitals.

In 2004, Mr. Rico was named COO and CFO of St. Anthony Hospital in Pendleton, Ore., a facility within Englewood, Colo.-based Catholic Health Initiatives. After nearly three years as CFO of NorthBay Healthcare System in Fairfield, Calif., he transitioned to the for-profit sector as CFO of McKenzie-Willamette Medical Center in Springfield, Ore., a member of Franklin, Tenn.-based Community Health Systems.

Mr. Rico’s leadership at Sky Lakes Medical Center was marked by his dedication to financial stewardship and his extensive experience across diverse healthcare settings.

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