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Hospitals and health systems announced more than 750 executive and leadership changes in Q3, with more than 300 CEO-related appointments, according to Definitive Healthcare data. In the complex and ever-changing healthcare industry, it is vital that health system and hospital executives understand the full landscape, from purchasing to care delivery. In addition, continued industry consolidation requires that facility leaders recognize opportunities for partnerships and growth.
Last week, Aetna CEO Mark Bertolini announced his resignation following the payor's acquisition by CVS Health. Bertolini, who assumed his role in 2010, will join the CVS Health board of directors after stepping down. Though there are various leadership shifts resulting from the $69 billion acquisition, which was just approved this morning, CVS-Aetna is one of many systems seeing executive moves this year.
|Name & Title||Health System||Date Announced|
|1.||David Dill, CEO||LifePoint Health (TN)||Sept. 26, 2018|
|2.||Stan Holm, CEO||Olathe Health (KS)||Sept. 26, 2018|
|3.||Robert Kenagy, CEO||Stormont Vail Regional Health Center (KS)||Sept. 26, 2018|
|4.||Paulette Davidson, CEO||Regional Health (SD)||Sept. 13, 2018|
|5.||Janelle Reilly, CEO||CHI Memorial (TN)||Sept. 11, 2018|
|6.||Sam Hazen, CEO||HCA Healthcare (TN)||Sept. 10, 2018|
|7.||Kevin Roberts, CEO||Metroplex Health System (TX)||Sept. 10, 2018|
|8.||Jeremy Normington-Slay, President & CEO||Firelands Regional Health System (OH)||Sept. 7, 2018|
|9.||Tara Ramlochan, CEO||Artesian Valley Health System (KS)||Sept. 4, 2018|
|10.||Shawn P. Vincent, President & CEO||Loyola University Health System (IL)||Aug. 29, 2018|
Fig 1 Top 10 most recent health system CEO announcements and appointments data from Definitive Healthcare. Announcements aggregated from various news sources and verified through independent research.
Hospital and health system executives are not only adept at recognizing new opportunities, but can also recognize industry disruptors. In a recent poll of healthcare executives, nearly 60 percent of respondents pinpointed Amazon as the new market entrant that could make the largest impact. Other companies named include Apple, Google, Microsoft, and Walmart, which got a combined 32 percent of votes -- making Amazon the standout company to watch.
Healthcare leaders also identified telemedicine as the technology most likely to impact the industry, followed closely by artificial intelligence (AI). According to Definitive Healthcare data, nearly 2,800 hospitals already reported implementation of telemedicine software. Studies show that leveraging telehealth can drastically reduce patient wait times in hospital emergency departments, leading to improved care outcomes and lower costs.
|Name & Title||Hospital||Date Announced|
|1.||Chad Whelan, CEO||Banner University Medicine (AZ)||Sept. 27, 2018|
|2.||Patrick Sharp, CEO||Fairview Range (MN)||Sept. 27, 2018|
|3.||Wendy Brandon, CEO||UCF Lake Nona Medical Center (FL)||Sept. 27, 2018|
|4.||William Jennings, President and CEO||Reading Hospital (PA)||Sept. 25, 2018|
|5.||Scott Williams, CEO||CenterPointe Hospital (MO)||Sept. 24, 2018|
|6.||Kevin Zachary, CEO||Colorado Plains Medical Center (CO)||Sept. 7, 2018|
|7.||Justin Harris, CEO||Medical Center Barbour (AL)||Sept. 7, 2018|
|8.||Mike Neuendorf, CEO||Princeton Baptist Medical Center (AL)||Sept. 6, 2018|
|9.||Dave Holt, CEO||Western State Hospital (WA)||Aug. 28, 2018|
|10.||John Kessler, CEO||Sarah D. Culbertson Memorial Hospital (IL)||Aug. 28, 2018|
Fig 2 Top 10 most recent hospital CEO announcements and appointments data from Definitive Healthcare. Announcements aggregated from various news sources and verified through independent research.