Suzanne Delbanco, 39, resigned as chief executive officer of the Leapfrog Group effective this fall, the organization announced. Delbanco founded Leapfrog in 2000 at age 32 to help providers and insurers improve care and rationalize costs, with backing from the Business Roundtable and major foundations. Delbanco will continue in her position through this fall while helping to oversee the search for her replacement. Delbanco was No. 85 on Modern Healthcares 100 Most Powerful People in Healthcare ranking in 2006 and one of the magazines Top 25 Women in Healthcare in 2005. She has no definitive plans for the future but wants to be more hands-on on the consumer side of healthcare, she said in an interview. Im ready to tackle the morass that is our healthcare system from a different perspective, she said. I want to make the healthcare system easier for consumers to navigate.
Moodys Investors Service said the 2007 median financial measures for not-for-profit hospitals and healthcare systems continue to support a stable ratings outlook, but an overall softening in volumes and operating performance and some weaker debt measures indicate the beginning of moderate operating pressures. As a result, Moodys gives an uncertain outlook for the sector in 2008 and 2009. Last year was the first in the past five years in which the median expense growth rate exceeded the median revenue growth rate, Moodys said. On the plus side, operating margins remain strong relative to historical levels. Key highlights of the medians include a median growth rate for inpatient admissions of 0.9% and for outpatient surgeries of 0.6% in 2006 because of increased competition and growing consumerism, Moodys said.
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