Mr. Nowak has been CEO for 20 years. A recent decline in patient stays and an increase in charity cases and bad debts left the hospital with a $2.7 million operating loss in 2009. Mr. Nowak said the hospital is still paying its bill on time despite these challenges.
During Mr. Nowak’s tenure, patient revenue has increased from $6 million to $70 million and the number of active physicians on the hospital staff has increased from 12 to 26. The hospital has also undergone several expansions and remodeling projects.
The hospital board plans to name an interim CEO by the end of July.
Read the Coshocton Tribune report on Greg Nowak.
Read more on recent executive moves:
–Teri Fontenot Named Chair Elect to the AHA Board of Trustees
–CEO of Wheaton Franciscan Medical Group Resigns
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