Hospice News October 18, 2024
As hospice providers scramble to hire new clinical staff, they also need to consider who will be their next generation of leaders.
CEO and executive turnover has been rising during the past two years, among organizations that run the gamut as far as size, tax status and ownership structure. The reasons behind the trend are also plentiful. For starters, many hospice leaders are aging with the rest of the population and reaching retirement age. Others have migrated to other providers or have been removed by a company’s board.
Tangential to this is executive transitions related to acquisitions, though those are typically a planned component of the subsequent integration.
To prepare the next generation to take the helm, providers need to...