Hospital CEO turnover is at an all-time high, and one in three practicing physicians in the U.S. is over the age of 65 and close to retirement, with six in 10 physicians saying it's likely their colleagues will retire in the next three years.
With all of this turnover, it is important for hospitals and health systems to have a succession plan in place. Here are four stories from Becker's Hospital Review on succession planning.
CEO transitions
1. The case for making CEO transitions less smooth
Reshmi Paul, PhD, argues that boards should not let the retiring CEO dominate the succession planning strategy.
2. Is your leadership vulnerable? 5 trends for succession planning
Tom Olivo, president and CEO of Success Profiles, shares five questions healthcare organizations should consider when it comes to planning for leadership succession.
Physician transitions
3. 3 steps to ease medical staff succession planning
A case study from The Greeley Company details three steps hospitals can take to make the succession process in their medical staffs easier.
4. Can someone hit the lights on their way out? Planning for physician succession
Joel Sauer, vice president of consulting at MedAxiom, lays out how medical groups and hospitals can create a formal leadership training and succession plan.