St. Vincent Catholic Medical Centers, New York, named Guy Sansone, managing director at turnaround firm Alvarez & Marsal, as its chief executive officer and chief restructuring officer. U.S. Bankruptcy Court approved Sansone's appointment Oct. 28 and the appointment of Martin McGahan, also from Alvarez & Marsal, as St. Vincent's chief financial officer. Sansone has served as CEO, chief restructuring officer and other positions at numerous hospitals and health systems, most notably as interim CFO at HealthSouth Corp. McGahan has more than 15 years experience at publicly traded and private healthcare organizations. Six-hospital St. Vincent filed for bankruptcy protection in July. -- by Cinda Becker
Bankrupt N.Y. system names turnaround expert as CEO
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