Jerry McCarthy Retires
From Hospital’s CFO Position

Jerry McCarthy, Vice President, Finance, for Kent & Queen Anne’s Hospital and the Chester River Health System is retiring on January 27 after nearly 30 years of service. Terry L. Weaver will assume the position; the transition began December 4.

McCarthy began working for Kent & Queen Anne’s Hospital in October 1971 after visiting the facility as an auditor for four years. During his first few years at the Hospital, he participated in the design of the Health Services Cost Review Commission system which still regulates hospital cost in Maryland today. This system has allowed Maryland hospitals to offer care to everyone yet remain financially sound if operated efficiently.

“Jerry’s devotion and dedication to his work at Kent & Queen Anne’s Hospital have contributed significantly to our success,” notes William R. Kirk, Jr., President & CEO. “His knowledge, coupled with his consistent and effective management of our finances for nearly three decades, has placed us in an enviable financial position among small rural community hospitals nationwide.”

In retirement, he plans to continue working with his own CPA business and he and his wife, Lois, plan to travel.

Weaver, a native of western Maryland, received his bachelor of science degree in accounting from Frostburg University. He has worked in private industry and in health care finance at York Hospital, York, Pennsylvania, Sacred Heart Hospital in Cumberland, Garrett County Memorial Hospital in Oakland. Most recently he was the chief financial officer at Civista Medical Center in LaPlata.

His wife and two elementary school aged children will be moving to the Chestertown area.

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