Mr. Johnson, a specialist in healing troubled hospitals, was hired last year to turn around the medical center’s finances, according to the report. The Riverside County Regional Medical Center’s hospital board also spent $26 million on a consulting firm that helped the facility increase revenue and cut costs.
During his year-long tenure, Mr. Johnson is credited with helping to balance the Moreno Valley’s hospital budget when it was losing $1 million per week and faced a $54 million loss.
Mr. Sarrafian, who previously served in several executive roles at Loma Linda (Calif.) University Health, was hired in October as permanent CEO.
More articles on hospital and health system executive moves:
Simi Valley Hospital CEO steps down
Children’s Health System of Texas names new chief legal officer
Sharp Grossmont Hospital names CFO, CNO
