David Posch, chief executive officer of The Vanderbilt Clinic and executive director of Vanderbilt Medical Group, will slide over to the new role of CEO, Vanderbilt University Hospital and Clinics in October.
He will take on the new job when current hospital CEO Larry Goldberg leaves to run Loyola University Health System in Maywood, Ill. Direct management responsibility for the hospital and clinics has not been combined in a single leadership role since 1995.
Posch will appoint a chief operating officer for the hospital after a national search. Until then, hospital Chief of Staff Dr. Allen Kaiser will serve in that capacity on an interim basis.
— Cindy Smith
LifePoint to buy back up to $250M in stockLifePoint Hospitals Inc. said Friday it will buy back up to $250 million in stock over the next 18 months.
The company said it completed a stock repurchase during the third quarter. LifePoint had 52 million shares on the market as of July 22.
LifePoint’s stock rose 7 cents a share and closed at $34.97 per share on Friday. It also moved slightly higher in after-hours trading.
— Associated Press
