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For immediate release

HOSPITAL CEO TURNOVER REMAINS STABLE

CHICAGO, April 24, 2002—Hospital CEO turnover decreased slightly in 2001, tracking 15 percent nationwide, slightly below the 17 percent turnover rate recorded in 2000. Turnover in 1999 was 18 percent.

"While we are seeing a decrease in CEO turnover nationwide, it is still too high," says Thomas C. Dolan, Ph.D., FACHE, CAE, president and chief executive officer of the American College of Healthcare Executives. "Through education of hospital trustees, and credentialing, leadership training, and other efforts targeted at CEOs and other senior executives, ACHE is committed to working to further reduce turnover," Dolan adds.

The American College of Healthcare Executives first started tracking the rate of CEO turnover in 1980. The reports are based on changes in an organization's chief executive officer as reported to the American Hospital Association.

Annual CEO Turnover Rates for Non-Federal, General Medical/Surgical, Short-Term Hospitals

Calendar Year
Qualifying Hospitals CEO Turnover Rate*
1996 4,928 16%
1997 4,842 16%
1998 4,780 17%
1999 4,744 18%
2000 4,689 17%
2001 4,624 15%

* To account for the interim and acting CEOs who are intentionally assigned to their posts for a short period, the data has been adjusted downward. Because these adjustments are based on a representative sample and therefore contain a margin of error, the annual percentage rates reported are rounded to the nearest whole number.

CONTACT: Ann C. Bartling, CHE, (312) 424-9420

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