Tag Archives: C-Suite
Five things that keep health execs up at night
What are Interim Executive Services anyway?
Interim EXECUTIVE SERVICES is temporary consulting service provided in or to the executive suite of an organization. Executive Services is differentiated from other interim services based on the reporting relationship of the Interim Executive. If the Interim Executive is reporting to the Board of Directors or CEO, they are engaged in Executive Services as opposed to other interims or temps that are working at lower levels in the organization. The differentiating factor about Executive Services is that the work is more strategic and cognitive in focus as opposed to task orientated, supervised activities carried out by most of the interims an organization will typically engage. There is a lot more at risk with an Interim Executive providing Executive Services. Typically, billing rates are higher and the potential of the Interim Executive to have a profound effect on the organization is much higher. An organization engaging Executive Services has the right to expect a lot more from an sophisticated Executive Services Interim than they would from someone picked to just fill a slot temporarily.
Hedge fund-backed Bay Area health system sees C-suite shake up
Less than eight months after becoming CEO of Verity Health System, the successor to the former Daughters of Charity Health System, Mitchell Creem, has been demoted to chief administrative officer. Verity also hired a new COO, B. Joseph Badalian, it disclosed today.
The Redwood City-based system’s board of directors replaced Creem as CEO late last week with Andrei Soran, who was initially hired in April as president and COO.
Verity disclosed the “restructuring of the system’s executive team” on July 28. Board chairman Jack Krouskup said the new CEO “will continue to lead the efforts to revitalize our Verity hospitals to ensure that they continue to serve our communities across California for generations to come.”
Badalian, most recently CEO at Fountain Valley Regional Hospital and Medical Center in Southern California, a for-profit Tenet Healthcare Corp. (NYSE: THC) hospital, is set to start in the new job Sept. 1.
Why revamp the leadership team less than eight months in? “A turnaround is all hands on deck,” Soran told the Business Times late last week. “It’s a major effort, a fairly major turnaround.”
How I’ve Learned To Fight Loneliness And Isolation As A CEO
A survey by RHR International found that half of CEOs report experiencing feelings of loneliness in their roles. Of this group, 61% believe isolation hinders their performance. That’s a significant proportion of top executives who are suffering and not performing at their peak. Executive loneliness and isolation is bad for people and bad for business.
In my experience, fear and ego are two of the main causes of this kind of isolation. On the one hand, there’s fear of appearing inadequate and the concern that asking for help could make others doubt your judgment. After all, CEOs are supposed to have all the answers—the buck stops with you. Meanwhile, your ego is telling you that you really don’t need others to help make big decisions; who knows your business better than you do? Combined, these two factors can prevent even highly capable CEOs from turning to others for support when they need it most.
Forecasting Ability Paramount in Presidents and CEOs?
CEO turnover: Have a strong succession plan, groom leaders from within
Report finds that 98% of surveyed healthcare leaders would consider job change.
10 QUESTIONS TO ASK WHEN CHOOSING LEADERS
Spring 2016 C-Suite Survey
Fierce Exclusive: Therapy benchmarks serve as a red flag for SNF false claims
A recent $125 million settlement, plus access to RUG utilization data, could lead to more investigations into corporate directives
HENRY KOTULA 