5 Hospital CEOs Who Get It
Hospital CEOs have been getting a lot of bad press lately—and not necessarily ill-deserved. In fact, HealthLeaders Media Editor John Commins chronicled the personal faux pas of several hospital leaders in his September column, Executives Gone Wild: Paying the Price for Personal Conduct. But for every CEO who tarnishes his or her hospital's name, there are hundreds who should be hailed for their dedication to healthcare . Here's a look at five chief executives who are going beyond the call of duty to improve patient and employee satisfaction.
Cindy Kreutz, President and CEO, Spalding Rehabilitation Hospital, Denver, CO
When a colleague asked Kreutz to compete in a sprint triathlon, Kreutz thought the idea was crazy.
"I consider myself a recreational athlete so I'm not in awful shape, but I thought I couldn't do it," she said in the October issue of HealthLeaders magazine. (She may be the only executive to have graced the Personalities page wearing spandex, by the way.)
But Kreutz did compete, and for the past six years she's been trying to convince hospital employees to participate with her. Last year, she upped the ante by offering to pay the $100 registration fee for each entrant. The first year, 27 people signed up. This year, the number increased to 32.
"We're a rehab hospital, so you see really catastrophic things every day that happen to people," she said. "Our motto is 'Rebuilding Lives, Renewing Hope,' and you never know when the ability to be active might be taken away from you. My goal is [for] people to enjoy and live a healthy lifestyle."
It's commendable that Kreutz paid the triathlon entry fee out of her own pocket, but it's her demonstrated interest in the health and happiness of her employees that really counts.
Jim Dague, CEO, Goshen (IN) General Hospital
Dague is another hospital CEO who knows how to put his money where his mouth is—or rather, his buzzer where his hair is. The 143-bed hospital exec told his employees that if they found a way to shave$3.5 million off the budget, he'd do the same to his head.
Hospital employees submitted more than 4,500 cost-saving ideas, including renegotiating contracts, receiving grants, or changing materials. One worker suggested changing the type of napkin used on patient trays, which saved $4,000, and switching from disposable paper gowns to cloth gowns in the GI department, which saved $22,000.
Employees wound up cutting more than $7 million from the budget.
"And so I've got no choice but to live out my word," Dague told the local NBC affiliate in January. "In the last year, when our community has been besieged by economic conditions, we've kept it outside the hospital."
It may have started off as a simple gesture, but Dague's bet certainly got employees involved in cost saving initiatives to the hospital's benefit. A $7 dollar haircut in exchange for $7 million in savings? Not a bad return on investment.
- $6.4B Henry Ford, Beaumont Merger Failed on Cultural Hurdles
- House Lawmakers Grill CMS Over Health Exchange Navigators
- Fortunately, Angelina Jolie Isn't On Medicare
- Don't Let Nurses Sink Your Bottom Line
- How Chargemaster Data May Affect Hospital Revenue
- Uncompensated Care Faces a Double Hit in Some States
- Hospital Pricing Transparency a Marketing Game Changer
- ED Physicians Key to Half of Hospital Admissions
- Primary Care Docs Average More Hospital Revenue Than Specialists
- Insurer's App Aims to Lower Healthcare Costs, Securely