Hospital CEOs are becoming an endangered species

Are hospital CEOs an endangered species? That may be the case given all the recent mergers among hospitals and healthcare systems, Crain's New York Business has reported. As a result of such deals, the focus very quickly falls on the executive suite because "it tends to be the higher-ups where the excess resides," according to the publication. Keith Safian, longtime top executive at Phelps Memorial Hospital in Sleepy Hollow, New York, found that out when he lost his job following a merger. "There's a wealth of opportunity [in healthcare]. But not for hospital CEOs," he said. Read the full article at FierceHealthcare