Paul Boyke is out as president of AHA Services, the American Hospital Association's for-profit holding company.
AHA President Richard Davidson announced Boyke's departure, effective July 31, in a July 9 memorandum to association staffers.
Richard Wade, AHA senior vice president for communications, said Boyke's resignation was a "mutual" decision between him and the association's senior management.
The decision clearly was recent, as indicated by Boyke being named late last month to the board of Healthcare InfoSource, the AHA's new for-profit data subsidiary.
Less than three months ago, Boyke, 57, was named president of AHA Services. He previously was senior vice president for finance and administration, a post he had held since 1993, when he joined the association.
Wade said Boyke's leaving was unrelated to the AHA's most recent management shakeup, which will affect the association's vice presidential ranks (July 7, p. 4).
Boyke couldn't be reached for comment late last week.
Jonathan Lord, M.D., AHA chief operating officer and second in command, will assume Boyke's duties at AHA Services, Davidson said in his memo. Wade said the AHA hasn't decided whether Boyke will be replaced.
Boyke handled the successful sale of the AHA's liability reinsurance company, Health Providers Insurance Co., for $33 million in cash and stock to Deerfield, Ill.-based MMI Cos. But he also was in charge of unsuccessful efforts to sell the AHA's old Chicago headquarters building.
The AHA moved into new leased office space in Chicago in September 1994 with a deal in place to sell its old two-building complex. That deal fell through, however, and the association has been spending $750,000 annually in upkeep on the former complex, which remains vacant.
In his memo, Davidson credited Boyke with helping improve the association's "credibility" with the finance committee of the AHA's board of trustees. The memo didn't elaborate on why that credibility needed improvement.