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Lack of diversity, succession planning revealed in AHA survey
Modern Healthcare

Nearly half of hospital boards lack a formal CEO succession plan, according to an American Hospital Association’s governance survey, a finding that shocked governance experts.

Developing a CEO succession plan is considered a core function of boards. Yet 24% of hospital system boards, 50% of free-standing hospital boards, and 59% of subsidiary boards had no succession plan, according to the comprehensive survey of 1,316 hospital CEOs who responded in the spring of 2018, the AHA’s first such survey in five years.