Paul Levy said he plans to step down as president and CEO of 621-bed Beth Israel Deaconess Medical Center, Boston, saying in an e-mail to employees that, at age 60 and after nine years at the hospital, he needs “some new challenges.”
Levy joined the hospital in January 2002 when it was, he wrote to employees, close to bankruptcy. Levy credited his management team and employees in the letter with restoring its market share and rebuilding the hospital's clinical, education and research programs. A cultural shift that emphasizes patient safety, clinical quality and transparency has paid off, Levy wrote. Beth Israel has been named one of the Leapfrog Group's “top hospitals” in four of the past five years, including 2010.