High turnover in hospital C-suites creates opportunities and risks

The high turnover rate in the senior executive suite creates many opportunities for hospital CEOs, but many potential pitfalls as well. That's the conclusion of Michael Covert, who took over as CEO of CHI St. Luke's Health in Houston 18 months ago after a long tenure at Palomar Health, a two-hospital system in the San Diego area. Nonetheless, Covert has gone through nine major transitions in his long career. "This is a journey," he said this week at the American College of Healthcare Executives Congress. "You have to be mindful of potential pitfalls. This is true more for senior leaders because there is pressure to justify your selection and you've got to do it early. But you have to explore what's around you." Read the full story at FierceHealthcare