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Report: Find internal CEO candidates, work on succession

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This report from Advanced Healthcare Network says hospitals and health systems need to spend more time grooming potential new CEOs from within and have a clear succession plan to deal with the very high turnover (18 percent a year) of health-system CEOs.

The authors cite B.E. Smith’s¬†2016¬†Healthcare Trends report, which surveyed 1,200 healthcare leaders, and found that 53 percent planned to find a successor internally and 44 percent would seek experienced or emerging leaders from outside.

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