John Sernulka will retire from his CEO position at Carroll Hospital Center, effective July 1, after serving 26 years at the small standalone hospital in Westminster, Md.
Leslie Simmons, Carroll Hospital Center's president, will take over once Sernulka leaves.
Sernulka, 64, told Modern Healthcare that he had initially planned to retire three years ago, but the board asked him to stay on as Carroll Hospital Center completed a capital campaign for its new cancer center. The campaign is set to end June 30.
Sernulka said he is most proud of expanding the hospital's services. “My career was really all about building the service lines to have a comprehensive array and very sophisticated level of services,” Sernulka said.
Carroll Hospital Center, a 158-bed hospital with about $286 million in annual revenue, is the only hospital in its county. Sernulka said several years ago that executives began a strategic planning process to determine what it would take to stay independent. In the past six months, they have begun to actively evaluate the market, and the hospital is now in “high-level” partnership discussions with a select number of health systems. “The reimbursement
side of healthcare is being tightened so aggressively that it will be hard in the future for a hospital our size to be able to fund all (our) strategies,” he said.Follow Bob Herman on Twitter: @MHbhermanHave news to share about executive comings, goings or promotions? E-mail News Editor John N. Frank at firstname.lastname@example.org.