LRGHealthcare CEO resigns: 3 things to know

Seth Warren, president and CEO of Laconia, N.H.-based LRGHealthcare, is resigning, effective April 15.

Here are three things to know about Mr. Warren and his departure.

1. The hospital said Mr. Warren's decision to leave is "strictly for personal reasons and came with much thought and consideration."

2. Mr. Warren's resignation comes as LRGHealthcare is in the process of an ongoing transformation. Due to the changing landscape of healthcare and financial challenges, LRGHealthcare has been working with consultant group Prism Healthcare Partners since the beginning of the year to review the organization's operations and processes for better cost efficiency.

The combined LRGHealthcare and Prism teams have already identified and are in the process of implementing $15 million to $21 million in annualized benefits, according to Ramona Lacy, managing partner of Prism Healthcare Partners. These initiatives include clinical, physician operations, strategy, workforce and non-labor costs and revenue enhancements.

3. Both LRGHealthcare and Mr. Warren stress that his departure has nothing to do with the changes the organization is undergoing.


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