Grady Memorial Hospital CEO to resign
When Michael Young took the helm of Grady Memorial Hospital in 2008, he had a mandate to rehabilitate a massive medical system on the verge of collapse. Young is expected to announce his departure from Grady this morning, having largely turned around -- some would say saved -- a metro Atlanta medical safety net that was drowning in debt and struggling with antiquated equipment and dwindling government aid. Young took the helm of Grady in 2008 after a group of community and business leaders joined together to save the hospital. He cut more than 100 positions, dismissed management officials he thought had tolerated mediocrity, replaced outdated medical equipment and shut down some services.
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