Washington psychiatric hospital appoints permanent CEO: 3 takeaways

Western State Hospital, an inpatient psychiatric hospital in Lakewood, Wash., dropped the 'interim' from CEO David L. Holt's title, according to a Seattle Times report.

Here are three takeaways:

1. Mr. Holt became interim CEO of the troubled hospital in June.

2. In July, the hospital lost its Medicare certification and $53 million in annual federal funds after failing a May inspection.

3. Mr. Holt was previously COO of the facility. He succeeded Marylouise Jones, who also served as interim CEO of the hospital.

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