Springfield Hospital CEO resigns
Tim Ford was in the top position for five years
SPRINGFIELD, Vt. —
The Springfield Medical Care Systems (SMCS) Board of Directors has
accepted the resignation of CEO Tim Ford, effective immediately.
Chief of Practice Operations Josh Dufresne will serve as the primary
administrative contact for SMCS and Springfield Hospital until an
interim CEO and CFO are named.
George Lamb, chair of the SMCS Board of Directors, said the board is fully engaged and will be working with interim leadership to immediately address and stabilize financial and operational issues for both organizations.
“This is an important time as we take a closer look at our health system’s operations and long-term needs to ensure we are positioned to serve the community well into the future. A new leadership team will provide stability and a fresh perspective as we continue this process,” said Lamb. “We are grateful for Tim’s leadership and contributions over the past five years.”
Earlier this fall, SMCS engaged Quorum Health Resources (QHR), the nation’s largest health care professional services company for non-urban hospitals and health systems, to conduct an evaluation of the organizations’ operations, finances and strategic direction. QHR also will assist SMCS in recruiting an interim CEO and CFO.
“Like many rural health care organizations in Vermont and around the country, we are facing challenges created by a declining population, rising costs, below-cost reimbursements from payors, and an increase in the number of patients who are unable to pay for care,” said Lamb. “The board remains committed to securing SMCS’ financial future while maintaining – and improving – its high level of quality and service.”