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LEADERSHIP: Examples of dual-CEO model

Dual-CEO models can work as a ‘bridge to completing a deal’ between health systems that might otherwise be skeptical of a merger, and it can be a ‘potentially successful short-term solution…’ [Daily Briefing, March 20, 2019]

In some mergers, consolidation of the legacy organizations results in creating a dual-CEO or co-CEO or co-President position.  This was true for Jim Skogsbergh (legacy Advocate with sites in Illinois) and Dr. Nick Turkal (legacy Aurora with sites in Wisconsin) in the 2018 merger that created the not-for-profit system Advocate Aurora Health.  It has just been announced that Dr. Turkal, who had been overseeing the Wisconsin organization, will be leaving.  Other examples of the dual-CEO model are described in The Modern Healthcare article (Kacik, 2019), which is summarized in the Daily Briefing post.

Sources: Porter, S. (2019, July 24). Advocate Aurora Health ditches dual CEO model, picks Jim Skogsbergh. HealthLeaders. Click here:  https://www.healthleadersmedia.com/strategy/advocate-aurora-health-ditches-dual-ceo-model-picks-jim-skogsbergh

Kacik, A. (2019, March 9). Dual-CEO model requires a delicate, short-term approach. Modern Healthcare. Click here:  https://www.modernhealthcare.com/providers/dual-ceo-model-requires-delicate-short-term-approach

Are 2 CEOs better than one? Why some health systems are embracing the dual-CEO model. (2019, March 20). Daily Briefing [Advisory Board]. Click here;  https://www.advisory.com/daily-briefing/2019/03/20/co-ceos

Posted by AHA Resource Center (312) 422-2050, rc@aha.org

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