Word: reinertsen
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...James Reinertsen resigned as CEO of both BIDMC and CareGroup, the umbrella organization of which BIDMC is the largest member, in late July. His resignation came as financial losses at both BIDMC and CareGroup continued to mount. Reinertsen had slowed but not stopped the hospital group’s losses—in the third quarter CareGroup lost $38.9 million...
Melzer said that the expected downgrade was a factor in the decision to ask Reinertsen to resign...
...search is now underway for a new CEO of CareGroup after James L. Reinertsen resigned last month as the chief executive of both CareGroup—a Harvard affiliated umbrella organization of six Massachusetts hospitals—and its flagship, the Beth Israel Deaconess Medical Center (BIDMC...
...announcing Reinertsen’s resignation last month, CareGroup Chairman John P. Hamill thanked Reinertsen for his efforts but said that the hospitals’ fortunes had not improved quickly enough...
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