Becker's Hospital Review

January 2023 Issue of Becker's Hospital Review

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17 CEO / STRATEGY promoted to president of the North Texas division. • Dan Miller, CEO of San Antonio-based Methodist Hospital, will be promoted to president of the San Antonio division. • Chad Christianson, CEO of HCA Florida Ocala Hospital, will be promoted to president of the continental division, replacing Sylvia Young, who is retiring. • William Lunn, MD, CEO of HCA Virginia's Chippenham and Johnston-Willis hospitals, will be promoted to president of the capital division. • Kristin Dyer, CFO of the North Florida division, will be promoted to CFO of the North Texas division. "HCA Healthcare is fortunate to have incredible talent throughout its executive ranks," HCA CEO Sam Hazen said in the company news release. "ese people are a testament to this. ey have been successful in many different roles over their years with the company, and I have absolutely no doubt that they will accomplish even more in their new roles." HCA operates 182 hospitals and more than 2,300 care sites in 20 states and the U.K. n FTC set to ramp up challenges to anticompetitive practices By Molly Gamble T he Federal Trade Commission announced Nov. 10 that it will expand its interpretation of a 1914 statute that could allow the agency to increase its intervention and legal challenges against what it deems anticompetitive corporate behavior. Congress passed the 1914 Federal Trade Commission Act, which established the agency, because it was dissatisfied with the enforcement of the Sherman Act, the original antitrust statute. Section 5 of the FTC Act bans "unfair methods of competition" and instructs the agency to enforce that prohibition. In 2015, the FTC issued a statement declaring that it would apply Section 5 using the Sherman Act "rule of reason" test, which restricted the agency's oversight to a narrower set of circumstances. The Nov. 10 policy statement from the FTC restores the agency's use of Section 5 and makes it easier for the agency to challenge an array of what it sees as anticompetitive behavior in the market. The FTC vote to approve the policy statement was 3-1. The FTC's use of the law would make it easier to challenge conduct that, under other federal laws, might not be illegal on its face, The Wall Street Journal reported. The FTC's statement explaining the change says it wouldn't need to show that conduct harmed other market participants or consumers, but that it "has a tendency to generate negative consequences." "When Congress created the FTC, it clearly commanded us to crack down on unfair methods of competition," FTC Chair Lina M. Khan said in an agency news release. "Enforcers have to use discretion, but that doesn't give us the right to ignore a central part of our mandate. Today's policy statement reactivates Section 5 and puts us on track to faithfully enforce the law as Congress designed." n The state of hospital executive burnout By Kelly Gooch A mong healthcare C-suite executives, burnout appears to be on the rise, according to a survey from executive search firm WittKieffer. e survey, conducted in summer 2022, was sent to thousands of healthcare C-suite executives of a range of titles at hospitals, health systems, academic medical centers, medical groups and other provider organizations. More than 230 healthcare executives, including 63 CEOs, completed the survey. To preface the survey, WittKieffer provided respondents with Rochester, Minn.-based Mayo Clinic's burnout definition, specifically job burnout: "clinically defined as a state of physical, emotional or mental exhaustion combined with doubts about your competence and the value of your work." Five findings, according to a report shared with Becker's: 1. Seventy-four percent of respondents said they felt burned out in the last six months. is compares to 60 percent who said the same in 2018. 2. Nearly all respondents (93 percent) said burnout is negatively affecting their organization. is compares to 79 percent who said the same in 2018. 3. irty-three percent of respondents said they "oen" or "always" think about leaving their current position due to burnout. 4. Twenty-eight percent of respondents said they "oen" or "always" think about leaving healthcare due to burnout. 5. Fiy-eight percent of all respondents — and 47 percent of burned-out respondents — expressed hope about the future of healthcare leadership. n

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