Lawrence F. Barco Retires After 26 Years with Medical Center
Lawrence F. Barco, president of MidMichigan Medical Center–Clare, has announced his retirement effective June 30, 2012. He will be succeeded by Raymond H. Stover, who will add the role of president of MidMichigan Medical Center–Clare to his responsibilities as president of MidMichigan Medical Center–Gladwin.
Barco has held the position of president and chief executive officer since February 1986. During his tenure, MidMichigan Medical Center–Clare acquired several properties adjacent to the hospital’s location and expanded the facility’s campus significantly by creating MidMichigan Medical Offices–Clare. Barco also led the Medical Center to establish MidMichigan Urgent Care–Clare, an outpatient physical therapy site in Harrison and rehabilitation, laboratory and imaging services in Houghton Lake and Roscommon. Under Barco’s leadership the Medical Center also constructed a state-of-the art operating and recovery suite in 2008.
“MidMichigan Medical Center–Clare and the community have benefited greatly from Larry’s leadership and knowledge of health care,” said Richard M. Reynolds, president and CEO of MidMichigan Health. “Those of us who have worked with him appreciate and respect Larry’s commitment, integrity and intellect. Health care in Clare County has been enormously enhanced during his tenure.”
Board of directors chair Ronald G. Verch also praised Barco’s record of service. “For the past 26 years we have been blessed with Larry’s professional leadership which is particularly evident by the expansion of specialty health care services. His calm yet determined effort has provided our communities a medical center of which we all can be proud. While he will most certainly be missed, his contributions to quality health care for those served by MidMichigan will endure–what a marvelous legacy!”
Barco credited the Medical Center ’s board members, employees, physicians and volunteers with its success. “I have been very lucky to work with board members and doctors who are unequivocal and dogged in their commitment to maintaining high quality and compassionate local health care services, as well as employees and managers who have reached extraordinarily high levels of productivity. I will miss them a great deal,” Barco said. He expressed confidence in Ray’s abilities. “I have known Ray for several years, both in his capacity here in Clare as our chief financial officer and as a fellow hospital CEO when he moved to Gladwin. Ray has a good knowledge base, strong technical abilities and great interpersonal skills. He also has an excellent team to work with in Chief Nursing Officer Glenn King and Chief Financial Officer Josh Wiggins. I feel great leaving MidMichigan Medical Center–Clare, which has been my life’s work, in their hands.
Barco has been active with a number of community organizations, including the Clare Rotary Club, the Clare County Community Foundation, United Way of Clare County , the local district Finance Authority and Economic Development Corporations of the City of Clare , the Clare Area Chamber of Commerce, Middle Michigan Development Corporation and the Mid-Michigan Community College Foundation Finance Committee.
He has also been MidMichigan Health’s representative on the board of MidMichigan Community Health Services, a Federally Qualified Health Center based in Roscommon County , and on the board of directors of the Central Health Plan, an insurance program for low-income people in a six-county area.
He and his wife Maggie, a registered nurse and naturopath, raised their three children, Matthew, Patrick and Claire, in Clare County . They intend to travel extensively and visit far-flung family members.
Stover Returns to the Medical Center in Clare
Stover is well acquainted with the Medical Center in Clare and the Clare community as he served as vice president and chief financial officer at the Medical Center from 2004 to 2007. While there his responsibilities included overseeing the Medical Center ’s $40 million operating budget and capital plan, benchmarking to best practices, preparing financial forecasts and assisting with physician recruitment and retention. In late 2007, he was named executive vice president of MidMichigan Medical Center–Gladwin and subsequently promoted to president and CEO. Stover has been a MidMichigan employee since 1990. Prior to his position in Clare, Stover was associated with MidMichigan Medical Center–Midland as a management analyst, cost/budget manager and accountant.
Stover earned a Bachelor of Science degree in Business Administration with a major in accounting at Saginaw Valley State University . He is a past president and board member of the Healthcare Financial Management Association-Great Lakes Chapter. His civic involvement includes the United Way , Rotary and Lions Clubs. He is also on the board of the Mid Michigan Community College Foundation. Stover is married, and he and his wife Rose have four daughters.
“MidMichigan Medical Center–Clare has been well positioned by Larry and his team to serve the community for many years to come. I am honored to have worked with him, to have learned from him and to be returning to the Medical Center to carry on with the excellence Larry has achieved. I know I have the support of the entire MidMichigan Health team behind me.”
The MidMichigan Medical Centers in Clare and Gladwin are part of MidMichigan Health, a family of healthcare organizations serving a 14-county area in Michigan . MidMichigan Health has 6,500 employees, physicians and volunteers and also includes Medical Centers in Midland and Alma , as well as health parks, medical offices, urgent care centers, nursing homes and home care. In 2011, MidMichigan Health provided $75.5 million in community benefits to the communities it serves.