| 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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