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Challenges for the new generation of hospital CEOs

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Using the example of old and new leadership at White Plains Hospital, Hospitals & Health Networks looks at what the new generation of hospital chief executives will be called upon to do.

Tom Giella, managing director, healthcare services, for executive recruiter Korn Ferry in its Chicago office, told H&HN that “The CEO of the future will be someone who understands the continuum of care, from inpatient to physician offices to ancillary services to home health, pharmacy and nursing homes, and is capable of bundling it all around providing excellent service at reduced cost.”

H&HN notes: “Indeed, the growing demands of population health management and accountable care appear to be major factors driving CEO turnover rates to record highs — breaking 20 percent for the first time in 2013 and averaging more than 17 percent over the past five years.

“The continuing trend of consolidation among organizations, the increasing demands on chief executives to lead in a complex and rapidly changing environment, and the retirement of leaders from the baby boomer era may all be contributing to this continuing higher level of change in the senior leadership of hospitals,” says Deborah J. Bowen, president and CEO of the American College of Healthcare Executives….”



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