Parkland Reorg Designates Interim Leaders
Branson says a nationwide search for a permanent CEO is underway. The Parkland board hired Korn/Ferry International in June to conduct the search. Branson is hopeful that potential CEO candidates will view the reorganization as positive. "I'm hopeful that we will have made significant progress toward the completion of the CAP and that will be a plus for anyone looking at the job."
Although no timeline for the hire has been released, Royer's current contract as interim CEO is set to expire in September. Royer has come under fire for taking action without board support. His hire for chief implementation officer was reversed by the board. Ron Laxton, who was ultimately hired as an interim COO, reports directly to the board.
Meeting CMS requirements is estimated to cost $25 million. Branson says that while the board is cognizant of its responsibility to be fiscally responsible with the taxpayer's money "we need to do what it takes to make the changes required."
Margaret Dick Tocknell is a reporter/editor with HealthLeaders Media.
- Primary Care Docs Average More Hospital Revenue Than Specialists
- 69% of Employers Plan to Offer Healthcare Coverage After 2014
- How Chargemaster Data May Affect Hospital Revenue
- Building a Better Healthcare Board
- Q&A: Catholic Health Initiatives' New Senior VP for Capital Finance
- ED Physicians Key to Half of Hospital Admissions
- Hospital Pricing Irks Nurses; More Jobs, Less Pay
- Insurer's App Aims to Lower Healthcare Costs, Securely
- CMS Seeks to 'Rapidly Reduce' Medicare Spending with $1B in Grants
- Quiet ORs Better for Patient Safety