Keeping with a three-year trend, hospital CEO turnover remained at 18 percent in 2017, according to the American College of Healthcare Executives.
"According to our data, the past five years have been the longest period of continuously elevated CEO turnover rates above 18 percent since we began studying turnover in the early 1980s," Deborah Bowen, ACHE's president and CEO, said in a press release. Hospital CEO turnover hit a record high of 20 percent in 2013.
"Hospitals and health systems continue to evolve and reorganize to meet the demands of the new healthcare environment at the same time many CEOs are reaching retirement age, all of which may be contributing to CEO turnover," Ms. Bowen added. "More than ever, C-suite succession planning and more intentional focus on the professional development of new leaders is vital to organizational success."
Here's how all 50 states, Washington, D.C., and Puerto Rico stacked up for hospital CEO turnover in 2017:
ACHE ranks the following as "high turnover states":
- Connecticut — 38 percent CEO turnover
- Wyoming — 38 percent
- Idaho — 36 percent
- Puerto Rico — 35 percent
- New Mexico — 31 percent
- Wisconsin — 25 percent
- Washington — 25 percent
- Oklahoma — 25 percent
- South Carolina — 24 percent
- (tie) Alaska — 22 percent
- (tie) Hawaii — 22 percent
- Florida — 22 percent
- Missouri — 21 percent
- Alabama — 20 percent
- Massachusetts — 20 percent
- Virginia — 20 percent
- (tie) Delaware — 20 percent
- (tie) Rhode Island — 20 percent
ACHE ranks the following as "medium turnover states":
- Georgia — 20 percent
- Texas — 19 percent
- Illinois — 19 percent
- Michigan — 19 percent
- Ohio — 18 percent
- Colorado — 18 percent
- Pennsylvania — 17 percent
- Minnesota — 17 percent
- Iowa — 17 percent
- Arizona — 17 percent
- Kentucky — 17 percent
- Nebraska — 16 percent
- Kansas — 16 percent
- Tennessee — 16 percent
- North Dakota — 15 percent
- Louisiana — 15 percent
- Indiana — 15 percent
ACHE ranks the following as "low turnover states":
- Oregon — 15 percent
- Mississippi — 15 percent
- District of Columbia — 14 percent
- New Jersey — 14 percent
- California — 14 percent
- North Carolina — 14 percent
- Nevada — 14 percent
- Montana — 13 percent
- Maine — 13 percent
- New York — 12 percent
- New Hampshire — 12 percent
- Maryland — 11 percent
- Utah — 11 percent
- West Virginia — 11 percent
- South Dakota — 9 percent
- Vermont — 8 percent
- Arkansas — 7 percent
Rates are rounded to the nearest whole percent.
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