Dive Brief:
- NYC Health + Hospitals CEO Dr. Ram Raju will step down, effective November 30, Modern Healthcare reported.
- The city's municipal hospital system faces a potential $6 billion fiscal deficit through 2020, New York Daily News reported.
- Stanley Brezenoff will replace Dr. Raju until a permanent replacement is found.
Dive Insight:
The system has seen its share of negative headlines in recent years. Fiscal year 2015 saw an operating loss of $58 million and reports of an exiting CMIO disparaging a $764 million EMR launch preparation surfaced this March.
In April 2015, the system revealed details of a plan to help firm up its financial position by 2020. The plan included extending weekend and evening hours and set a goal to increase the number of patients it treats by 2020 to 2 million people.
“I step down feeling certain that the work we have accomplished over the last two and half years puts us on solid ground to build a stronger, more efficient and financially sustainable public healthcare system,” Raju was quoted in Modern Healthcare. “I am confident that the talented new team of leaders and the new multi-year reforms we are putting in place will bring about the successful transformation of this essential organization.”
Brezenoff previously served as president of the hospital system from 1981 to 1984.