Louis Kraml, the CEO of not-for-profit Bingham Memorial Hospital in Blackfoot, Idaho, has resigned amid a power struggle that led to the hospital filing a lawsuit against its own board.
The lawsuit, which has since been dismissed, alleges that three members of the six-member board had served beyond their set term limits, were overstepping their authority and had met in secret to find ways to limit Kraml's authority by offering him a less powerful position that would have been a breach of his contract.
The reasons for Kraml's resignation remain unlcear, and now fall under a confidentiality agreement between he and the Blackfoot, Idaho-based hospital board, said Mark Baker, a Bingham Memorial spokesman. Former Bingham Memorial Chief Financial Officer Jeff Daniels was named the hospital's new CEO.
In 2012, the Idaho Attorney General's Office investigated alleged illegal recording of a doctor's phone conversations. Kraml was convicted of misdemeanor stalking in the matter.
This summer, the office revealed it was investigating Bingham Memorial's handling of charitable assets. The case resulted in a $50,000 fine against the hospital.
According to its most recent tax filings, Bingham Memorial saw $88 million in total revenue for fiscal 2013, a 2% increase from the prior fiscal year.
Kraml was paid $575,882 in total compensation for fiscal 2013.
