Quorum CEO out after 2 months

Alia Paavola –
Friday, September 4th, 2020

2 months after taking the job as CEO of Brentwood, Tenn.-based Quorum Health, Joey Jacobs has actually stepped down, according to a Sept. 4 company announcement..

Mr. Slipkovich has 38 years of healthcare experience and is the creator of Franklin, Tenn.-based Capella Healthcare, which operates 10 severe care and specialized health center centers in five states. He has likewise held several executive management functions at Renton, Wash.-based Providence; LifePoint Health in Brentwood, Tenn.; and Nashville, Tenn.-based HCA Healthcare..

Mr. Jacobs was appointed CEO of the struggling business in July, simply as it was emerging from Chapter 11 bankruptcy.
Quorum, a spinoff of Franklin, Tenn.-based Community Health Systems, filed for personal bankruptcy in early April and entered into an agreement to lower its debt load by about $500 million. The health center emerged from bankruptcy July 7..

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Dan Slipkovich, who also sits on Quorums board, has been called interim CEO..

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” As we continue to focus on how finest to place Quorum Health for long-lasting growth following the success of its current financial restructuring, the board and Joey together have actually figured out that it remains in the very best interest of the business to progress with a different leader,” said Catherine Klema, chair of Quorums board. “We value the contributions that Joey has actually made to Quorum.”.