The head of one of Chicago's largest safety net hospital networks is retiring.
Alan Channing, president and CEO of Sinai Health System, announced Wednesday that he will step down from his position, effective July 1.
During his 10 years as CEO, Channing oversaw the transformation of Sinai from a once struggling system on the brink of closing into one of the country's leading safety net health networks.
“It has been an honor and privilege to serve patients and the community,” Channing said in a written release. “Sinai has a strong leadership team and dedicated caregivers who will carry on our mission and vision. I am proud of what we have accomplished together in my time here and I know that Sinai is well positioned to be successful in the future.”
In 2013, Sinai, founded by Jewish immigrants in 1919, made headlines when it acquired historically Catholic institution Holy Cross Hospital
to create a not-for-profit health network estimated to generate annual revenues of more than $500 million.
Along with Holy Cross, Sinai Health includes Mount Sinai Hospital on the city's West Side and Sinai Children's Hospital and Schwab Rehabilitation Hospital, which serves mostly Medicaid and uninsured populations.
“During his tenure as CEO, Alan helped transform the organization into one that enabled the mission of Sinai to come alive by providing quality healthcare to some of the neediest individuals in our city,” said Gary Niederpruem, chairman of Sinai's Board of Directors, in a written release. “Under Alan's leadership Sinai won numerous awards for quality and safety, plus achieved top score by accrediting agencies.”
The process to find Channing's replacement has already begun, said Niederpreum, with an announcement expected in May.Follow Steven Ross Johnson on Twitter: @MHsjohnson