Hospital CEO turnover in 2015 held steady at 18 percent, according to a recent report by the American College of Healthcare Executives.
That's less than the record high of 20 percent in 2013, but equal to that reported in 2014 and still among the highest rates reported in the past two decades.
"Our data show a continuation of the elevated CEO turnover rates we have seen over the past several years," Deborah J. Bowen, ACHE's president and CEO, said in a prepared statement. "The continuing trend of consolidation among organizations, the emergence of new models of care, retirement of leaders from the baby boomer era as well as movement of CEOs within health systems may all be contributing factors. The high level of change taking place in hospital C-suites underscores the importance of organizations having well-developed succession plans to manage changes in senior leadership roles to ensure success in today’s environment."
ACHE's CEO turnover rates are based on changes in an organization's CEO as reported to the American Hospital Association.
According to the ACHE, the highest hospital CEO turnover rates in 2015 occurred in Missouri (30 percent), Washington, D.C. (29 percent), Alaska (28 percent), Nevada (27 percent) and Oregon (26 percent). The lowest hospital CEO turnover rates in 2015 were found in Michigan (12 percent), Illinois (12 percent), Maine (9 percent), Wisconsin (7 percent) and Puerto Rico (2 percent).
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