Carl Gerlach, CEO of financially troubled Sonoma (Calif.) Valley Hospital, has announced plans to resign on June 30, according to a report by the Index-Tribune.
Mr. Gerlach, who became CEO in 2007, plans to return to the healthcare consulting field.
The hospital has lost market share and its costs have increased $234,000 a month while revenues have dropped $145,000 a month.
Read the Index-Tribune's report on Sonoma Valley Hospital.