Robert Martin announced plans to leave the University of Pennsylvania Health System, Philadelphia, on June 30, 2003, after five years with the four-hospital system, most recently as CEO. Martin, 54, said in a memo to colleagues that it was time to seek a new challenge after stabilizing the management team and restoring the organization to profitability. Arthur Rubenstein, UPHS' executive vice president and dean of the school of medicine, credited Martin as the driving force behind the health system's turnaround from 1998 and 1999 when operating losses totaled about $290 million. "Robert's departure will be an enormous loss for our institution," Rubenstein said. -- by Cinda Becker
Pa. system CEO resigns position
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