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Local Hospital Hires New CFO
John Beltz Joins VGH Administration

FOR IMMEDIATE RELEASE
February 7th, 2006
Contact: Monica Sylte
360-794-1411

Monroe, WA – Valley General Hospital welcomes new Chief Financial Officer (CFO), John Beltz to the hospital’s administration. Mr. Beltz has an extensive background in this role and brings a wealth of knowledge with him. He was CFO of a 125 – bed hospital in Pennsylvania for almost 20 years. The CFO is responsible for all financial oversight throughout the hospital.

“With continued pressure on health care financing, Valley General Hospital faces a broad array of financial challenges to continue and to grow our services in this community,” stated Mark Judy, CEO, Valley General Hospital, “John brings a wealth of expertise and background to focus on strengthening our financial operations to ensure our presence and vital role in serving the health care needs of the rapidly growing East Snohomish County area.”

Valley General Hospital’s future looks productive to Mr. Beltz, “I know this area is growing rapidly. I see Valley General mirroring the growth of the community it serves. I see Valley General expanding core services, adding physicians, improving the physical plant and improving the financial strength and operations to meet the growing community needs.”

The future looks positive to Mr. Beltz as well, “I see Valley General as a strong, dynamic and caring hospital that will carry on its mission to serve East Snohomish County and the people that are associated with it.” Mr. Beltz graduated with a Bachelor’s of Science in Accounting from Pennsylvania State University.

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