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Press Release

FOR IMMEDIATE RELEASE

For Further Information Contact
Dwayne Eutsey, 410-822-0697 ext. 6321
eutseyd@dfmc.org

Delmarva Foundation Appoints New Chief Financial Officer
Malcolm R. Holley Brings Exemplary Financial and Management Experience

Easton, MD, May 8, 2008—Delmarva Foundation for Medical Care announced today that Malcolm R. Holley, MA, will serve as the company's new Chief Financial Officer. A senior executive with more than 30 years health care industry experience in operations, financial management, and information technology, Mr. Holley will oversee Delmarva’s financial management business process.

“Throughout his distinguished career, Mr. Holley has consistently demonstrated exceptional business acumen in a variety of health care roles," commented Dr. Christian E. Jensen, Delmarva's President and CEO. “We are confident his broad expertise will contribute to our company’s continued growth and stability.”

Mr. Holley’s experience encompasses executive leadership with local and nationally based providers in numerous states, government contracting, and financial consulting services. Prior to joining Delmarva, he was Chief Financial Officer with the Masonic Home of Virginia, a continuing care retirement community in Richmond.

For eight years, Mr. Holley also served as the Chief Operating Officer for Virginia Health Quality Center, the federal Medicare Quality Improvement Organization in Virginia, where he garnered several successful new business acquisitions for the company. In addition to his consultative services that have enhanced his health care clients’ strategic planning and contract development capabilities, he has participated on task forces and committees in various states addressing health care issues.

Mr. Holley earned his MA in organization management from the University of Phoenix and his BBA in accounting from the University of Memphis. He is active in various community organizations and is a board member for several non-profit organizations.

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About Delmarva Foundation
Delmarva Foundation is a national, not-for-profit organization dedicated to improving healthcare quality in over 20 states. Since 1973, Delmarva has assisted in improving care in hospitals, nursing homes, home health agencies, medical practices and health plans. Delmarva performs quality improvement, quality assurance, utilization review, external quality review and Program Safeguard activities. The company's corporate headquarters are located in Easton, Maryland with other offices in Baltimore, Maryland; Washington, DC; Columbia, South Carolina; Tampa, Florida; and Tallahassee, Florida. For more information, please visit Delmarva Foundation on the web at www.delmarvafoundation.org.

 

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