The decision to end the management agreement was mutual, according to the report, but came at the request of St. John’s. Officials say there were no disagreements, but that OSU Medical Center is now in more stable condition than when the management agreement was struck, according to the report.
The decision means Jan Slater will leave her position as CEO of OSU Medical Center and assume the respective position at St. John’s. OSU Medical Center’s CFO Wayne Walthall will do the same.
More Articles on Hospital Management Agreements:
What Can Be Paid for Co-Management Arrangements?
Partnering Overseas: Opportunities and Cautions
5 Considerations for Operating Agreements With ASCs and Hospitals Pursuing Joint Ventures
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.