Quorum Health CEO Joey Jacobs steps down after 2 months

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, Quorum Health CEO Joey Jacobs steps down after 2 months

Quorum Well being mentioned Friday that its CEO of lower than two months is stepping down.

The Brentwood, Tenn.-based hospital chain in July tapped Joey Jacobs, the previous CEO of Acadia Healthcare, to move up the corporate. Quorum had simply emerged from Chapter 11 chapter.

Dan Slipkovich, a member of the corporate’s board of managers, would be the interim CEO. Slipkovich is the founder and former chief govt of Capella Healthcare, the privately held, Franklin, Tenn.-based hospital chain that merged with RegionalCare Hospital Companions to create RCCH Well being Companions in 2016. RCCH later merged with LifePoint Well being in 2018.

“As we proceed to deal with how greatest to place Quorum Well being for long-term progress following the success of its latest monetary restructuring, the board and Joey collectively have decided that it’s in the most effective curiosity of the corporate to maneuver ahead with a special chief,” Catherine Klema, the board chair, mentioned in a press release.

A Quorum spokeswoman would not elaborate on the explanations behind Jacobs’ departure. In a press release, Jacobs mentioned the corporate is “effectively positioned for achievement.”

Quorum, which operates 23 affiliated hospitals in rural and mid-sized markets in 13 states, mentioned its monetary place and operations are sturdy after it not too long ago restructured its steadiness sheet. The corporate additionally mentioned Friday that Suzanne Gibbons, a managing member at Davidson Kempner Capital Administration, will be a part of Quorum’s board.


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