Baptist Health System of East Tennessee, Knoxville, said three of its top executives are leaving as the sale of an 80% stake in the system to Triad Hospitals nears an expected Nov. 1 closing. Baptist and Triad plan to form a joint venture, in which Baptist initially will own a 20% stake, to oversee the system. Warren Payne, a former Baptist board member who became president and chief executive officer late last year, resigned effective Oct. 15. Payne began to wind down his role with the system in September. Caryn Conklin-Hawthorne, chief financial officer, will leave Baptist at the end of the month after more than 18 years. Conklin-Hawthorne will become CFO at 253-bed Eisenhower Medical Center, Rancho Mirage, Calif. Steve Clapp, senior vice president for business development, will leave the system once the deal with Triad is completed. Clapp, who has worked at Baptist for 11 years, will form a company with his brother Mark Clapp, a physician, called Restoration Healthcare. The company will seek to acquire hospitals and outpatient centers with physician partners. -- by Vince Galloro
Three execs leaving Tenn. hospital
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