Hospital chief executive turnover held steady at 15% in 2007, according to a yearly snapshot of departures by the American College of Healthcare Executives. The figurewhich tracks hospital chief executives who retired, resigned or were firedhas fallen from 18% nine years ago to hover between 14% and 16% in recent years, the figures show.
Thomas Dolan, president and CEO of the Chicago-based professional association, called the rate remarkably stable in a release announcing the figures. He urged governing boards to set realistic goals and expectations for the top executives at hospitals.
Since unexpected turnover can be very disruptive to an organization, there also should be an appropriate succession plan to minimize any potential negative impact on the organization, Dolan said. First reported in 1981, the turnover rate is compiled from chief executive changes reported by hospitals to the American Hospital Association, the ACHE said in the news release. -- by Melanie Evans