Becker's Hospital Review

25 25 CEO/STRATEGY Northwell Health to supply interim CEO, leadership team to New York hospital By Alyssa Rege N ew Hyde Park, N.Y.-based Northwell Health inked a letter of intent with East Meadow, N.Y.-based Nassau University Med- ical Center to provide an interim chief executive and build a senior leadership team to aid the financially struggling hospital, according to Newsday. The board of NuHealth, the public benefit corporation that operates NUMC, approved the six-month agreement Nov. 1. Under the deal, Winnie Mack, RN, senior vice president of health sys- tem operations at Northwell, will serve as NUMC's interim president and CEO, beginning Nov. 2. Northwell will also create a five-year stra- tegic plan for the hospital to turn around its finances and improve patient care. Ms. Mack will report to the NuHealth board. Northwell officials will be responsible for building a complete man- agement structure at the 530-bed hospital, including filling key po- sitions such as COO and department leadership positions, and over- seeing specific departments like IT, billing, facilities and maintenance. NuHealth chairman George Tsunis told Newsday Northwell would send roughly 40 to 50 staff members to the hospital. Those individu- als will continue to be on Northwell's payroll. NUMC has faced financial difficulties in recent years, struggling with unfunded employee benefit liabilities and annual losses and deficits, as the majority of the hospital's patients are low-income or uninsured. While the hospital is not subsidized by Nassau County, the county is responsible for roughly $202 million of its debt, the report stated. The agreement is pending approval by the state health department. A department spokesperson told Newsday the agency is aware of the agreement and will review the necessary documents upon receipt. n Mayo Clinic wants its name removed from political ads By Ayla Ellison A midterm campaign advertisement for Rep. Jim Hagedorn, R-Minn., mentioned Rochester, Minn.-based Mayo Clinic, ac- cording to Fox 47. The ad, which was paid for by friends of Mr. Hagedorn and the National Republican Con- gressional Committee, included the candidate's perspective on how certain healthcare policies could affect Mayo Clinic. The ad said "Mayo Clinic Ranked No. 1," cit- ing U.S. News & World Report's annual ranking. The ad went on to say, "Southern Minnesota has some of the best medical care in the world, but Feehan and Ellison would blow it up." Dan Feehan was the Democratic candidate for Minnesota's 1st Congressional District in the U.S. House, and Keith Ellison a Democrat, was campaigning to be Minnesota's attorney gener- al. Mr. Ellison won the election. After receiving questions about whether it en- dorsed the ad, Mayo sent a memo to employees to solidify its nonpartisan stance. "Mayo Clinic does not endorse candidates nor does the orga- nization coordinate with political campaigns on activities or advertisements," the memo stated. Mayo Clinic asked Mr. Hagedorn's campaign to stop using the health system's name in political ads, according to the report. n Harvard Business Review's best-performing CEOs in the world By Leo Vartorella T he Harvard Business Review measured CEO performance by examining fi- nancial returns over each CEO's entire tenure, not just the last year, as well as each company's rating on environmental, social and governance issues. Here are 2018's five best-performing CEOs in the world: 1. Pablo Isla, Inditex 2. Jensen Huang, Nvidia 3. Bernard Arnault, LVMH 4. Francois-Henri Pinault, Kering 5. Elmar Degenhart, Continental Here are all healthcare CEOs included on the top 100: 9. Hisashi Ietsugu, Sysmex 15. Michael Mussallem, Edwards Lifesciences 24. Lars Rasmussen, Coloplast 42. Mark Bertolini, Aetna 43. Michael Mahoney, Boston Scientific 53. Leonard Schleifer, Regeneron Pharmaceuticals 53. Richard Gonzalez, Abbvie 61. Bruce Broussard, Humana 71. David Cordani, Cigna 84. Timothy Ring, CR Bard 85. Marc Casper, ermo Fisher Scientific n

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