Many Up & Comers probably aspire to retire early as Michael Jhin did, but indubitably they'd prefer rosier circumstances.
Since 2004, Jhin, 57, has held the title of chief executive officer emeritus of St. Luke's Episcopal Health
System in Houston. He retired at the end of 2003 as president and CEO of the system after nearly 14 years,
eight as CEO of the system and an overlapping 10 as president and CEO of its flagship hospital. St. Luke's consists of St. Luke's Episcopal Hospital, the Woodlands Community Medical Center and the Kelsey-Seybold Clinic, a 300-physician group. While he was head of St. Luke's in 1999, it partnered with Methodist Health Care to purchase the Kelsey-Seybold Clinic from MedPartners. When Methodist decided to back out of the money-losing partnership in early 2002, St. Luke's bought out Methodist's share. Jhin also oversaw the hospital when it
was sued by its landlord, the Texas Medical Center, for trying to forge a joint venture with what was then
Columbia/HCA Healthcare Corp., the nation's largest forprofit hospital chain.
At issue was whether such a venture would violate deed restrictions banning for-profit tenants from the Texas Medical Center. In 1996, after the state attorney general joined the lawsuit against St. Luke's, a settlement was reached in which the deal was scrapped. When he was named an Up & Comer in 1988 at 38, Jhin was executive director and CEO of Temple University Hospital, Philadelphia. He also served as executive vice president of Long Beach (Calif.) Memorial Health System for two years.