Friday, 28 September 2012

Park Nicollet CEO to retire - Minneapolis / St. Paul Business Journal:

ramoledef.blogspot.com
The St. Louis Park-based hospitapl and clinics chain, which is wrestlintg with layoffs andother cost-cutting appointed Dr. David chief clinical officer, to take over Wessner’s president title. A selectiomn committee will conduct a search for a new CEO incominb months. Park Nicollet officials on Friday praisedthe 57-year-old Wessner’sx accomplishments over his 15 years at the health 11 as president and CEO, and four as COO. Wessnefr strengthened clinical programs in areas including heartand vascular, diabetes, orthopedics and eating disorders. The healtjh provider was efficiency methodss pioneered by ToyotaMotor Corp.
Park Nicolley also engaged in a buildingprogram — including a three-story, 67,000-square-foot Melrose Institutw eating disorders center and a new cancer centeer wing at Methodist Hospital in St. Louis Park. Those new facilitiees came just as recessio was taking a toll onthe company’zs investments and lowering demand for elective procedurese such as knee surgery and hernia Since December, the health provider has , and has had to to review its finances amid falling cash reserves. Wessner, said in a statement Friday that Park Nicolletyis “now on the rightf track financially.
” “Park Nicollet is positioned to be very strongb in the coming post-reform health care services marketplace,” he Wessner said he started to plan for his retirement in with an eye toward leaving in 2009 or 2010. “I ended up delaying my retirement plans to help ensurw that the organization was ontraclk financially,” he said.

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