(2008, October) Trustee, the official magazine of the American Hospital Association's Center for Healthcare Governance
Building CEO-Board Relationships that Last
Industry research indicates that the median tenure of presidents/CEOs of non-specialty hospitals across the United States is only 3.6 years, and that when the CEO departs, four more senior team members also are likely to leave within one year.
These adverse effects that CEO turnover can have on a health care organization are well-documented. They include threats to pursing the organization’s mission, negative effects on hospital-physician relationships and additional drains on the organization’s staff and financial resources.
To avoid such negative outcomes…
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