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News Release

Media Contact: Tom Grant

Published on August 11, 2003

Press Release

Will De La Pena Named CFO at Shady Grove Adventist Hospital

Rockville, MD - Will de la Peña has joined Shady Grove Adventist Hospital as Chief Financial Officer. De la Peña, from Charlottesville, Va., previously served as the Chief Financial Officer for University of Virginia Medical Center. Prior to this position, he served as Vice President of Finance and Chief Financial Officer of Cedar-Sinai Health System in Los Angeles. De la Peña has 16 years of experience in hospital finance.

De la Peña is a Certified Public Accountant with undergraduate and graduate degrees from Bowling Green State University in Bowling Green, Ohio.

As the CFO, de la Peña has fiscal responsibility for the hospital and has operational responsibility over Admitting, Medical Records, Materials Management and Food Service. Will also serves as part of a corporate finance team for Adventist HealthCare.

"We are pleased that Will has joined our organization during this period of growth for the hospital," said Deborah A. Yancer, President of Shady Grove Adventist Hospital. "We are in the process of expanding our facilities and services both on our campus and in Germantown, and Will plays a critical role in these developments."

Located in Rockville, Maryland, Shady Grove Adventist Hospital has 274 licensed beds and employs approximately 1,800 people. The hospital provides an array of health care services including emergency medicine, pediatrics, neonatal intensive care, maternity and high-risk maternity services, cardiology, orthopedics, oncology and many others.

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