Becker's Healthcare November 19, 2024
Joe Riley, CEO of Montgomery, Ala.-based Jackson Hospital & Clinic, and COO Michael James will step down Nov. 19 as part of the hospital’s financial restructuring.
Ronald Dreskin, who was previously brought in to support the restructuring, has been named interim CEO, according to a Nov. 19 news release shared with Becker’s.
Jackson Hospital defaulted on about $60 million in bond payments in September. In response, Allen Wilen, a partner with EisnerAmper Advisory Group, was appointed chief restructuring officer. Mr. Dreskin, partner in charge of EisnerAmper’s healthcare services group, joined the leadership team alongside Mr. Wilen at that time.
“A restructuring-focused interim...
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