CEO Turnover Drives New Competency Questions

I was struck by the recent statistics on CEO turnover. According to the American College of Healthcare Executives (ACHE), annual turnover rate for hospital CEOs fluctuated between 14% and 18% between 2002 and 2012 (see Hospital CEO Turnover Rate Increases) – followed by a record 20% in 2013 (see Hospital CEO Turnover Hits Record High). And, the average hospital CEO tenure in 2013 was about 3.5 years (see 10 Statistics On CEO Turnover, Recruitment).

One big question is why are hospital turnover rates so high? That is a question you can ask across the health care field. There is certainly . . .