William Nydam will assume the duties of interim president and chief executive officer of American Healthcare Systems, San Diego, on Jan. 1, 1995, when Monroe Trout, M.D., retires.
Mr. Nydam, AmHS' executive vice president and chief operating officer, is expected to oversee AmHS until a permanent replacement can be found for Dr. Trout.
Mr. Nydam, 44, has been with AmHS for eight years and reportedly is Dr. Trout's recommended successor. Dr. Trout, 63, announced plans to retire last year (Aug. 23, 1993, p. 4).
Over the past 12 months, a search committee of the AmHS board has been interviewing candidates, including Mr. Nydam.
Several AmHS board members said elevating Mr. Nydam to the top spot increases his chances of winning permanent confirmation, depending on how well he performs. However, other AmHS system executives have said they would prefer to select someone with a wider background than that of Mr. Nydam, who is regarded by some as a financial wizard.
Dr. Trout, who also will step down as chairman, has led AmHS since 1986. John King, AmHS' vice chairman, will take over Dr. Trout's duties on the board until a new chairperson is appointed. Mr. King is president and CEO of Legacy Health Systems, Portland, and will stay at Legacy while acting as vice chairman, beginning Jan. 1.
Dr. Trout will become chairman of the board of the University of San Diego Foundation in January. He also is on the boards of the university's two hospitals.
AmHS is a for-profit company that is owned by 40 not-for-profit shareholder systems. AmHS was formed in 1984 through a merger of two smaller hospital organizations, Associated Health Systems and United Healthcare Systems.
Besides its $2 billion purchasing program, AmHS operates two venture capital funds that have invested $45 million in emerging medical companies and an excess liability insurance company with nearly $1 billion in assets. It also offers its shareholders a wide array of services designed to boost member systems' productivity, quality and profitability.