Staying put. With CEO turnover at its lowest in years, healthcare industry insiders cite economy, board support as reasons behind the numbers.Mod Healthc. 2003 Apr 28; 33(17):6-7, 1.MH
Observers say the sluggish economy, combined with increased patience from hospital boards, helped push the turnover rate for hospital CEOs to an eight-year low of 14% in 2002. Thomas Dolan, left, president of the American College of Healthcare Executives, says the fallout from Sept. 11, 2001, and tough economic times may have made top executives wary of risking a job change.