Community Health Programs Names New Chief Financial Officer

Print Story | Email Story

GREAT BARRINGTON, Mass. — Community Health Programs has named Thomas Walbridge as its new chief financial officer. He will oversee the health network's budget, financial operations and planning.

Walbridge has served as chief financial officer and vice president for the Kinsley Group Inc. and as CFO for the Pioneer Valley Transit Authority; he was also director of finance and human resources at Six Flags New England. His early professional career was spent in the banking sector in Pittsfield, where he spent his childhood years. He holds a business degree from Babson College and an MBA from Western New England University.

"Tom's background in executive-level financial management, human resources and business operations suits us perfectly for the CFO position of our growing health network," said Lia Spiliotes, CEO of Community Health Programs. "We look forward to working with him and welcome him to the CHP team."


CHP finished its 2016 fiscal year with an operating surplus of nearly $700,000, on revenues of $14 million. During that year, CHP increased its patient and client numbers from 16,000 to more than 22,000, with the addition of two new practices in North Adams and other new patient outreach. During 2016, employment at CHP grew from 140 to 175 and continues to expand.

Walbridge is also the founder and operator of LuckBridge Sports LLC, a company that creates affordable, inclusive team-building opportunities for youth and coaches in the developmental and advanced instruction of baseball and basketball.

He is a volunteer in his community with youth sports programs, the American Red Cross, March of Dimes, Agawam Chamber of Commerce and Agawam Rotary. He is a marathon runner as well. He and his wife and three children live in Longmeadow.

 


Tags: CHP,   

If you would like to contribute information on this article, contact us at info@iberkshires.com.

Dalton Finance Makes Reserve Fund Transfers

By Sabrina DammsiBerkshires Staff
DALTON, Mass. — The Finance Committee made two reserve fund transfers last Wednesday night. 
 
The reserve fund balance is currently $60,000. This is the first reserve fund transfer the town has made this fiscal year, committee clerk Karen Schmidt said. 
 
A transfer to the vocational education tuition account for $16,000 was approved. The original appropriation was $605,020 and the present balance is $4,527. 
 
It had been previously demonstrated that setting the budget for this account can be challenging due to the uncertainty about how many students will choose to attend vocational education programs.
 
The vocational education account was reduced by $90,000 during a September special town meeting; however, a spot opened up at a vocational program, so a student decided to transfer after the start of the second quarter. 
 
A transfer for the employee fringe benefits account was approved for $10,000. The original appropriation was $64,180. 
 
The present balance is $4,412.77 and is not sufficient to cover the vacation payouts and sick buy backs of the six employees who left this year. 
 
View Full Story

More Great Barrington Stories