Washington hospital loses COO just after CFO resigns

Aberdeen, Wash.-based Grays Harbor Community Hospital has lost two executives in recent weeks amid worries of the hospital's impending financial crisis, The Daily World reports.

Grays Harbor CEO Tom Jensen said in an email to hospital district board members Friday COO Larry Kahl will depart from the organization April 6. Mr. Kahl is reportedly leaving to pursue another opportunity at an undisclosed hospital in Oregon, according to the report.

His departure reportedly comes just weeks after the hospital's CFO Joe Vessey submitted his resignation, which will be effective March 23.

Mr. Jensen said the process of finding replacements for both individuals has been placed on hold until officials receive a report from consultants hired to evaluate the hospital and its associated businesses, the report states. Mr. Jensen said the hospital is expected to lose more than $8 million once the audit for last year is complete.

"The timing is never good when you lose an executive," Mr. Jensen told The Daily World. "But the fact of the matter is this organization functions 24-7 apart from the executives. We're doing what we can on the legislative side, and on the hospital side we're getting more efficient and we'll do what we do until they tell us we can't."

Editor's note: Becker's Hospital Review reached out to Grays Harbor Community Hospital for comment and will update the article as more information becomes available.

More articles on executive moves:
Baltimore hospital where patient was found outside in only a gown hires new president: 5 things to know
Tulane Health System appoints new VP of transplant services: 3 points
Bryan W. Whitfield Memorial Hospital CEO to retire in June: 4 takeaways

© Copyright ASC COMMUNICATIONS 2018. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months