St Albans hospital CEO to take job in New Mexico

first_imgPeter Hofstetter, the Chief Executive Officer of Northwestern Medical since 1994, announced on Monday that he has accepted the CEO position at Holy Cross Hospital in Taos, New Mexico.“We are sorry to lose Peter,” said John Casavant, the President of the NMC Board of Directors.  “He has served our hospital and our community incredibly well over the past 15 years.  His vision, leadership, and positive energy have helped us thrive.  Peter’s collaborative approach has positioned us well for the future.”  “I would like to thank Peter for his many years of service to NMC and the Franklin County community,” said Steve Payne, MD, the President of the NMC Medical Staff.  “He has led us through extremely challenging times, helping keep NMC a forward-thinking, vital health care provider for our area. We wish him and his family the very best as they move on to New Mexico where they should find a much warmer climate.”With Hofstetter’s leadership, NMC has been able to expand its medical staff, modernize its facilities, reduce outmigration of care, and establish partnerships throughout the community.  Hofstetter has also served in a leadership role with the Franklin County Industrial Development Corporation, the Franklin Grand Isle Community Partnership, NOTCH, the Vermont Association of Hospitals and Health Systems, and numerous other community organizations.  In recognition of his service and leadership, Hofstetter was honored with the Community Impact Award from the Franklin Grand Isle United Way in 2006.Hofstetter’s 15-year tenure at NMC is nearly three times the national average for a hospital CEO, according to a study by the American College of Healthcare Executives.  “It was a tough decision; this is home for us,” said Hofstetter.  “We have loved it here and our girls grew up here, but it’s time for a change and we’re looking forward to New Mexico.”  Hofstetter has also earned national acclaim for his work at NMC.  He is an employee of QHR, which provides management services for about 200 hospitals nationwide, including NMC.  In 2008, QHR honored Hofstetter as its CEO of the Year – choosing him as the first recipient of what will become an annual award.  Hofstetter will continue to be a QHR employee in his move to New Mexico. “Holy Cross Hospital is similar in size to NMC and I’ve always loved small hospitals,” said Hofstetter.  “Taos is located a couple of hours north of Albuquerque, in the high plains.  We’re excited to explore the southwest.” The NMC Board of Directors, in conjunction with QHR, will be conducting a national search for a new Chief Executive Officer for NMC.  “QHR will assist the Board in our search and will provide us with an interim CEO during the transition,” said Casavant.  “We anticipate there will be significant interest in the position and expect to have our new CEO in place by the Fall.” –###–last_img

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