HealthLeaders Media Corner Office - November 14, 2008 | Even the C-suite Isn't Safe View as a Webpage | Subscribe for Free
Even the C-suite Isn't Safe
Carrie Vaughan, Senior Editor-Leadership

Hospitals nationwide are looking at every way possible to keep their organizations financially stable. Unfortunately, for many health systems and hospitals, staying financially stable has meant cutting service lines and laying off employees. And these layoffs aren't just happening in housekeeping or food service. Many hospitals are trimming staff from administrative levels—even as high up as the C-suite.
[Read More]
  November 14, 2008

 
Editor's Picks
Senators hurry to keep healthcare in forefront
Senate Finance Committee Chairman Max Baucus and Sen. Edward M. Kennedy may be working on separate plans to reform healthcare but one goal is the same—to ensure that healthcare remains a top priority for President-elect Barack Obama. Baucus unveiled a plan that would guarantee health insurance for all Americans by expanding Medicaid and Medicare, requiring most employers to provide health benefits, and facilitating sales of private insurance. His plan would eventually mandate that everyone have health insurance coverage, as well. Kennedy has been working with a diverse group of stakeholders, including physicians, patient advocates, small-business owners, and insurers. He intends to have legislation drafted by Inauguration Day. Given the current economic crisis, it'll be interesting to see where healthcare lands on the priority list of the next administration. [Read More]
CEO turnover
After months of conflict with physicians and nurses, Beverly (MA) Hospital's chief executive Stephen R. Laverty resigned this week. Bruce Mogel, president and CEO of Integrated Healthcare Holdings Inc., a four-hospital system in Orange County, CA, tendered his resignation after an internal probe, which alleged among other items that he had taken kickbacks from suppliers when he was an executive at another healthcare company. And due to personal reasons, Maureen Zehntner, CEO of the University of California-Irvine Medical Center, plans to step down in March.
Hospitals lower expectations
Hospitals nationwide are lowering their fund-raising goals for 2009. And for good reason, stocks are down and the economy is struggling. But that doesn't mean that hospital leaders should abandon their philanthropic efforts. As I wrote about a couple of weeks ago, you never know when or from whom that next big gift will come. For example, Indianapolis-based St. Vincent Joshua Max Simon Primary Care Center received a $1 million donation just this past Monday. [Read More]
This Week's Headlines
How Pennsylvania let incompetent doctor continue to practice
Philadelphia Inquirer - November 11, 2008
Violence in ER a growing problem in Massachusetts
Boston Globe - November 11, 2008
Birmingham-based St. Vincent's Health System lays off 74 workers
Birmingham News - November 12, 2008
40 jobs cut at Middletown, OH, hospital
Cincinnati Enquirer - November 12, 2008
UPMC plans 25 foreign cancer centers
Pittsburgh Post-Gazette - November 13, 2008
Heart failure accounts for 37% of Medicare spending
Yahoo/HealthDay News - November 13, 2008
University of California-Irvine Medical Center plans to reduce pediatric care
Los Angeles Times - November 14, 2008
Massachusetts toughens rules for building new clinics
Boston Globe - November 14, 2008
Webcasts/Audio Conferences
What Your Practice Is Worth: Calculating Fair Market Value (December 16)
Top 5 Healthcare Jobs
CEO/Administrator: HealthSouth, Fort Worth, TX. The Chief Executive Officer is responsible for all day-to-day operations of the Hospital. This position is accountable for planning organizing and directing . . . [Read More]
Chief Financial Officer: Baptist Healthcare, Pensacola, FL. This position will serve as the senior operational finance leader and CFO for Gulf Breeze Hospital and the Andrews Institute campuses. This is a new . . [Read More]
Chief Financial Officer: Mendocino Coast District Hospital, Fort Bragg, CA. CFO recommends strategic direction of financial performance of healthcare district. Recommends changes in policy, facility operations and programs . . . [Read More]
Chief Nursing Officer: Providence Health Services California, Burbank, CA. Administers the managerial and leadership functions of setting objectives, planning, staffing, and directing activities of assigned departments . . .[Read More]
Chief Clinical Officer: Triumph Healthcare, Aurora, CO. The Chief Clinical Officer (CCO) is responsible for the development and implementation of clinical services policies and procedures . . . [Read More]

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