Margot Hartmann, MD, PhD. President and CEO of Nantucket (Mass.) Cottage Hospital. Without prior experience in business or hospital administration, Dr. Hartmann took over the top leadership position at Nantucket Cottage Hospital in 2010. At the time of her appointment as president and CEO, the hospital faced roughly $7.5 million in annual losses. Dr. Hartmann developed strategies to overcome decreasing reimbursement and patient volume to focus on community needs and update payer contracts. Under her leadership, the hospital partnered with Boston-based Massachusetts General Hospital, reduced lab charges, improved its billing system and expanded its primary and specialty care clinics. Board-certified in internal medicine, Dr. Hartmann previously co-led the hospital's emergency department.
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