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Embracing change

Embracing change

By Charles W.B. Wardell III  |  February 09, 2013

"In times of stress, be bold and valiant,” Horace wrote more than 2,000 years ago. Stressful times create great challenges and great challenges create opportunities for change. True leaders draw inspiration from difficult circumstances and prove their mettle with action and courage.

Selecting 2013's Trustees of the Year

Selecting 2013's Trustees of the Year

By Merrill Goozner  |  February 09, 2013

One component that often separates the best hospitals and healthcare companies from their competitors is an engaged, innovative and inspirational governing board. Because their guidance and counsel are so important to an organization's leadership, we consider Modern Healthcare's annual Trustee of the Year Awards one of our most significant recognition programs.

Trustee of the Year: Daniel W. Farrell Jr.-Small Hospitals

Trustee of the Year: Daniel W. Farrell Jr.-Small Hospitals

By Linda Wilson  |  February 09, 2013

Daniel W. Farrell Jr.—board chairman at Defiance Regional (Ohio) Hospital—prefers to give of his time, talent and resources quietly and without fuss.When asked to list his accomplishments as a trustee, Farrell, 68, quips, “Just learning all the terms.” He then adds, “I attribute the successes to the people who work there.”But in 2011, when the hospital's management proposed a project close to his heart, Farrell took a very visible role.

Trustee of the Year: Stephen Howard-Not-for-Profit Health Systems

Trustee of the Year: Stephen Howard-Not-for-Profit Health Systems

By Linda Wilson  |  February 09, 2013

When it comes to making business decisions, Stephen Howard believes in an open mind and meticulous due diligence. It's an approach that has proved invaluable during his years of healthcare governance.“He explores different options and selects what is best, as opposed to having a preconceived idea of how something should work,” says Hugh Carney III, a Detroit-based investment consultant who has been a close friend of Howard's since college.

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