Karen Fordham, president and CEO of Detroit Medical Center's Huron Valley Sinai Hospital in Commerce, Mich., has resigned, according to a Crain's Detroit Business report. Ms. Fordham has served in the role since 2014.
Prior to serving as CEO, Ms. Fordham was the hospital's COO. She was promoted in 2014 to replace Andrei Soran, who was appointed to COO of Detroit Medical Center.
The resignation comes in the midst of a number of other leadership changes at DMC. Anthony J. Tedeschi, MD, replaced Joe Mullany as CEO of the entity in late January. Those close with the matter told Crain's the reason is partially because Mr. Mullany refused to lay off more employees over the past two years. DMC has cut 200 people from its workforce over the last few years.
Crain's reports DMC Pioneer ACO Executive Director Roger Wiseman and Vice President of Pharmacy David Bach also recently left their posts. Sources have told Crian's that "at least five other top executives have been notified they may be leaving soon as well."
DMC's parent, Dallas-based Tenet Healthcare, is pushing for further cost cuts to improve profitability at the organization. This aligns with Tenet's moves to streamline its national hospital operations. The hospital operator has recently sold several assets and made changes to its hospitals' leadership teams, according to the report.