Becker's Hospital Review

104 Leadership & Management Who Are You Hiring for Your C-Suite? 10 Statistics By Dani Gordon deep in the Atlanta community. In addition to his role at WellStar Health System, Dr. Vault is the president-elect of Outstanding Atlanta, an orga- nization recognizing young people who have dis- tinguished themselves in the community; he re- ceived Atlanta Business Chronicle's "40 Under 40 Award" in 2013; and was named to Leadership At- lanta's Class of 2015, the oldest community lead- ership program in the country. He also serves on the advisory board for United Way Young Profes- sional Leaders and is a founding board member for the American Homeless Veterans Foundation. Dr. Vault holds a PhD from the University of Ala- bama at Birmingham in strategic management. Kenneth West, COO of Medical Center of Trin- ity (Fla.). Mr. West, 30, was named COO of Medical Center of Trinity, a Nashville, Tenn.- based Hospital Corporation of America hospi- tal, in February 2014. Before then, he served as associate COO at HCA-affiliated Chippenham/ Johnson Willis Medical Center in Richmond, Va. Mr. West's ties to HCA go back to 2008, when he served as administrative resident, assistant administrator and co-ethics and compliance op- erator. He was also a founding administrator for Spotsylvania Regional Medical Center in Fred- ericksburg, Va. Mr. West received the HCA Cor- ris Boyd Scholarship — given to two minority students to pursue a master's degree in health- care management — and received his degree in health systems administration from Georgetown University in Washington, D.C. How Do Manage Workforce Costs towerswatson.com/hospitals Towers Watson. A global company with a singular focus on our clients. Benefits I Risk and Financial Services I Talent and Rewards I Exchange Solutions Financial pressures on hospitals are likely to intensify, so many are taking a hard look at pay, benefits and other workforce programs. But reductions in reward programs can make it more difficult to attract and retain key talent. Let Towers Watson work with you to develop innovative, cost-efficient benefit and risk financing programs that meet your financial goals and your employees' needs, and allow you to deliver the highest-quality patient care. and Still Deliver Quality Patient Care? TW-Beckers 75x5-NA 2014-37456-Final.indd 1 3/31/2014 12:17:23 PM F orty-four percent of internal hospi- tal or health system CEO promotions were former COOs, according to a re- cent Billian's HealthDATA report. The healthcare market sees a plethora of C-suite moves each year. Billian's HealthDATA released a report pooling data from 384 executive moves from January to July of 2014. Here are 10 sta- tistics on hospital hiring, according to the data. 1. Forty percent of placements were internal promotions, whereas 60 percent of hos- pital placements involve an outside-hire. 2. More than half (58 percent) of CEO outside-hires were former CEOs of oth- er hospitals. 3. CEO moves to other CEO positions at sister campuses made up 12 percent of internal movements. 4. The promotion of hospital CEOs made up 21 percent of promotions from a hospital to a health system. 5. Seventeen percent of hospital COOs were hired from CNO positions. 6. The promotions of hospital COOs rep- resented 25 percent of hospital to health system promotions. 7. There were no instances of CIO hires with former job details recorded. Bil- lian's suggests that healthcare currently relies heavily on their key IT officials and dislikes major personnel shifts dur- ing digital overhauls. 8. Women represented 28 percent of C- suite hires. 9. Physicians represented 14 percent of C- suite hires. 10. Only 3 percent of placements involved new hires from outside the hospital and health system market. n

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