Susan Grant, the chief nursing officer for all of Beaumont, has her primary home in Atlanta. In addition to her Beaumont debacle, theres been considerable turnover in Spectrums senior ranks, mostly women. Beaumont CEO Fox and COO Wilson Must Go Now! As often happens when you meld two organizations, the weaker one brings the stronger one down. This columnist, a Los Angeles freelancer, is a former Detroit News business reporter who blogs at Starkman Approved.. By Eric Starkman. No doubt the pot of cash is the bait that got the merger talks going. Beaumont employees and vendors are encouraged to reach out, with confidentiality assured. Theres no prestige working at Beaumont anymore. Still, Beaumont is clearly going to be a financial albatross on Spectrums operations for quite some time. According to the most recently available filings, Freese Decker earned $3.9 million in 2018. The financial terms of the deal will reveal whether Freese Decker is as touchy-feely as she appears or whether she can be quite ruthless when a lucrative financial opportunity presents itself. Michigan Gov. Eric Starkman of Los Angeles is a former Detroit News business reporter who blogs at Starkman Approved. It comes as no surprise that Spectrums takeover received the green light. Travel nurses are also required to oversee only four patients at a time and are exempted from having to transport patients to other areas of the hospital. Spectrum, with $6.9 billion in revenues, operates 14 hospitals in the western side of the stateand has 30,000 employees. Many executives ask me privately, How many Black people do I have to have?. Giving some of them oversight over a considerably bigger hospital system is reckless and irresponsible. The good news is that Beaumont isnt overrun with critically ill Covid patients, which suggests that vaccines are doing what they were intended to do: Prevent people who contract the disease from becoming critically ill and dying. Whats notable about Foxs disclosure is the seeming priorities of Spectrum compared to Advocate Aurora, the Chicago-based hospital system that Fox tried to give Beaumont away to in June 2020 under terms so obscenely favorable to Advocate Aurora, he couldnt pull it off. So What? Fox trumpeted the deal as a win for Southeastern Michigan because he said Advocate Aurora would invest $1 billion to move the William Beaumont Medical School in Rochester to the Royal Oak campus and upgrade Beaumonts technology. The deal will invariably be good for Fox, as he will likely get a very lucrative exit package to sail into the Georgia sunset. Fortunately, Freese Deckers western Michigan businesses were healthy enough to allow Spectrum to eke out an operating profit of $119.7 million despite Beaumonts losses. The American Hospital Association (AHA), the trade group focused on promoting the financial interests of nonprofit hospitals and their managements, is a major lobbying force in Washington. Reach Eric Starkman at: eric@starkmanapproved.com. Multiple sources have shared theyve been told by some Beaumont directors that Fox cant be fired, but no one gave a reason as to why. Spectrum and Beaumont are technically merging because the board of the combined companies will have near equal representation and Beaumont chair Julie Fream will serve as chair of the BHSH. Freed notes that Beaumont claims to have 300 days of cash on hand but doesnt have a top-tier bond rating allowing it to borrow money at the best rates. February 02, 2022, 4:58 PM . Starkman: Beware! Beaumont employees and vendors are encouraged to reach out, with confidentiality assured. Reach Eric Starkman at: eric@starkmanapproved.com. Its a no-brainer to understand why Fox desperately needs to pull off the Spectrum merger. By Eric Starkman. In April 2020, at the height of Michigan's pandemic, Metro Detroit's biggest hospital system called Beaumont Health without explanation closed its facility designated to treat Covid patients . The nursing shortage in our state is a critical and complex challenge that must be solved with bold and collaborative solutions, the Detroit Free Press quoted Freese Decker as saying. My sense about Spectrum is that if doctors had serious patient safety concerns and felt the need to circumvent management to get them addressed, the hospital companys board would take the matter quite seriously. I dont know how we could handle a catastrophe, said a source at Royal Oaks ER. Spectrum CEO Tina Freese Decker will lead the combined company. In his video, Fox was wearing a pinstripe suit jacket, not his trademark blue blazer. As Deadline Detroit recently reported, Beaumonts once-bustling endoscopy suite, where a patient died undergoing a routine colonoscopy in January, has suffered a rash of nurse resignations and can barely operate at 50 percent capacity. By Eric Starkman Beaumont Health CEO John Fox has no shame. The reason Royal Oaks ER, Beaumonts flagship hospital, is often operating at 60 percent capacity because it doesnt have sufficient staff. Fox, who owns homes in Atlanta and North Carolina, cant be bothered to even create the appearance that he cares about Beaumonts future. But unlike Beaumont, Henry Fords staffing issues arent due to mismanagement. Spectrum also is comfortable issuing misleading or deceptive statements, so culturally Beaumont is possibly a great fit. Many organizations are not interested in real change, Chris Metzler, the former associate dean for human resources and diversity studies at Georgetown University, told NBC News. September 15, 2020, 9:36 PM . John Fox, the Atlanta carpetbagger who washed up on the shores of southeastern Michigan seven years ago to bolster Beaumont Healths profits and gussy up Metro Detroits biggest hospital network so that he could sell it, appears hes pulled off what he set out to do. Working at Beaumont under Fox and his former COO Carolyn Wilson was a hellacious HR experience, and the pandemic worsened the situation. Fox has blamed the pandemic for Beaumonts HR problems, but the issues predated Covid. Prioritys goal is to capture as much market share as possible and then use that power to reduce what it pays to doctors to cover their services. Henry Ford in Detroit in years past enjoyed an A safety rating. It marks the passing of a once great hospital system, and the creation of a giant Michigan hospital network Spectrums former CFO Michael Freed has warned could result in a , Spectrum Moves Forward with Beaumont Takeover, Beaumont Expects Imminent FTC Approval For Spectrum Takeover Of Its Faltering Hospital System, Good News From Beaumont Hospital Network To Spend 'Significant Dollars' to Expand Private Room Capacity, Beaumont Foxs Thanks to Hospital Docs: Let Them Eat A Cookie., Beaumont Faces Threat of Nurse Anesthetists Strike Over Declining Patient Safety Standards, Bad News for Beaumont -- CEO John Fox Sticking Around Longer Than Expected, CEO John Foxs Michigan Legacy? But ER nurses are angry with Melissa Foreman Lovell, Troys chief nursing officer, who they say rarely appears at the hospital. Nonprofit hospitals are supposed to manage their investments conservatively, opting for boring short-term duration bonds and other low risk investments. And there is no mention of what, if any, role Beaumont COO Carolyn Wilson will play after the merger. I'm officially declaring Beaumont CEO John Fox, the Atlanta carpetbagger whose greed and mismanagement destroyed Metro Detroit's biggest hospital system and put the health and safety of areas residents at risk, "The Cookie Monster." Indiana University Health has 16 hospitals and 36,000 employees. Beaumont is offering all its nurses systemwide an additional $45 to $50 an hour bonus to work beyond their assigned shifts, an additional $15 an hour for techs. The Royal Oak budget cuts were made in 2020, when Beaumont increased its reserves to $3.5 billion from $2.5 billion and Fox earlier in the year warned U.S. hospitals could collapse because of the pandemic. Copyrightdocument.write(new Date().getFullYear());Deadline Detroit, Inc. - All Rights Reserved. Yet the, Nessels do nothing stance on healthcare matters is in sharp contrast to her Massachusetts counterpart Maura Healey, who has moved to block the expansion of Massachusetts General Brigham on the grounds it will lead to, Former California Attorney General Xavier Becerra won a $575 million landmark settlement against Sutter Health for using the market dominance it obtained through a series of mergers to illegally drive-up prices. By comparison, BHSH will have 22 hospitals and 64,000 employees. That could further worsen Beaumonts nursing shortage. Gretchen Whitmer. Beaumonts John Fox Is Laughing All the Way to the Bank, Beaumont Nurse Anesthetists Move to Unionize to Combat 'Unsafe' Staffing Conditions, Avoid Beaumont Like the Plague,' Warns Podiatrist Who Underwent an Endoscopy at Royal Oak Hospital, Metro Detroit Mourns Passing of 'Gentle Soul' Richard Curbelo, Medical Examiner Conducted Autopsy of Beaumont Colonoscopy Patient After Concern Raised, Remembering Richard Curbelo Who Died Undergoing Beaumont Colonoscopy, Beaumont Hospital Staffers Horrified After Patient Dies During Routine Colonoscopy, Ostriches On Beaumont Health's Board Belong at the Detroit Zoo, Henry Ford's Wright Lassiter Puts Beaumont's John Fox to Shame, Beaumont's Demise Assured as Board Ignores Calls for CEO's Firing, Prominent Beaumont Cardiologist Calls Out CEO John Fox for Deception, AG Nessel Reaffirms She's Do Nothing Dana' on Healthcare. The insurance business is among the most profitable sectors in healthcare, but as anyone who has dealt with one of these companies know, their priority is profits, not patient care. Eric Starkman of Los Angeles is a former Detroit News business reporter who blogs at Starkman Approved. The Detroit News. Ive been looking for the past week and have not located them. Business Starkman: Bloodbath at Beaumont - COO Carolyn Wilson and Top Doctor Ousted; Chief Quality Officer Resigns Tweet Share July 22, 2021, 12:45 PM This columnist, a Los Angeles freelancer,. Spectrums board includes Doug DeVos, co-chair of Amway, whose family is among the most powerful in Michigan. Share. To support Deadline Detroit's independent journalism, please sign up for a $3a month membership or a one-time donation. Even if the executive couldnt restore Beaumont to its former glory, he or she could at least have minimized the damage and fetched a higher price for the hospital network than whatever Fox has negotiated. Spectrums board is certainly a lot tougher on compensation. Beaumont employees and vendors are encouraged to reach out, with confidentiality assured. Beaumont CFO John Kerndl Resigns, Beaumont Nurse Anesthetists Union Drive Could Save Imploding Hospital from Further Demise, Layoffs. The anesthesiologists did this while earning a fraction of their . Have you tried to find Beaumont Healths financial statements? Freed asks. What, if any, role Wilson will play after the merger hasnt been disclosed. Spectrums prices are higher than Beaumonts, as the hospital network has significantly less competition in western Michigan. Why would Beaumont nurses want to remain on staff when they can make more money working at a staffing agency? Companies often create diversity positions for window dressing purposes. He said the expansion would involve a lot of local planning in terms of where these bed towers are located, which seemingly indicates that Beaumont is planning to expand its real estate footprint. Beaumont spokesman Mark Geary ignored a request for comment. Freese Decker is likely assured a big pay increase and bonus. Starkman: Electric Vehicles and the Exploitation of Michigan Taxpayers. About a half dozen of Freams former board cronies also serve on the Spectrum board, once entirely controlled by Grand Rapids and western Michigan-based residents. Wright Lassiter III, president and CEO of Henry Ford Health System, is chair of the AHA. By Eric Starkman During the Covid pandemic, a hospital's safety practices are more. The FTC decision to implicitly rubber stamp Spectrums takeover underscores the weakness of President Bidens leadership and the little respect he commands, even among his own appointees. In quickly reviewing Spectrums website and news releases, I can't find evidence that Freese Decker has expressed the belief that Spectrum needed to achieve considerable size to survive and remain competitive. Gretchen Whitmer were silent. John Kerndl, who joined Beaumont in 2016, quit in March. Beaumont institutionally has a very tenuous relationship with truth. Spectrums takeover must be approved by Michigan Attorney General Dana Nessel and the Federal Trade Commission. Beaumont was once mostly staffed by highly skilled veterans, among the best in healthcare. That Fox, who along with Wilson has shown they have no commitment to southeastern Michigan, was allowed to negotiate Beaumonts fate underscores just what an irresponsible disgrace Beaumonts board is. Based on what was paid to the CEO of one of Beaumonts predecessor companies, Fox possibly stands to receive more than $30 million to sail into the Georgia sunset. A lifelong Michigander with an impressive background, Barbee resigned in October to join Indiana University Health as head of HR. Moreover, rookie nurses still have a lot to learn. Support our reporting and commentary by becoming a Deadline Detroit member for as little as $3 per month. Beaumont spokesman Mark Geary ignored a request for comment, which he typically does. To support Deadline Detroit's independent journalism, please sign up for a $3a month membership or a one-time donation. Starkman: Beaumont CFO John Kerndl and Top CEO Aide Say No! By that measure Fox, Wilson, and Wood have poor performance scorecards. That leaves the hospital with just two cardiothoracic surgeons, down from nine years ago. A company is headquartered where the CEO is based. The writer, a Los Angeles freelancer, is a former Detroit News business reporter who blogs atStarkman Approved. Beaumont Troy also operates at a reduced capacity. Beaumont reported operating revenues of $4.6 billion in 2020 and is only an eight-hospital system. At Beaumont's Royal Oak, Troy, and Grosse Pointe hospitals an elite team of more than 70 anesthesiologists trained and experienced with intubation performed all the procedures. Starkman: Electric Vehicles and the Exploitation of Michigan Taxpayers. Also fostering ill will is Beaumonts mandate requiring that all employees be vaccinated or be fired. Newsweek Ranks 3 Beaumont Hospitals Among Best in U.S. One Down, Three to Go. I only see the potential for massive financial loss., Freed warns Spectrums directors: When you sign the documents that will permanently change this region, your signature will forever hold you accountable for the repercussions.. Michigan Attorney General Dana Nessel could also have moved to block the Spectrum deal or demanded certain concessions, but she has proven to be a regulatory lightweight, particularly on matters relating to healthcare. The list goes on. No one from southeastern Michigan has emerged promising to hold Julie Fream and other Beaumont directors who supported Fox accountable for the harm theyve caused Metro Detroit residents. A merger of Spectrum and Beaumont must be approved by Michigan Attorney General Dana Nessel, who has shown no interest in championing healthcare issues and can be counted on to rubber stamp the deal. That would mean there wouldnt be one senior executive from Beaumont involved in the management of the combined hospital systems. To support Deadline Detroit's independent. This columnist, a Los Angeles freelancer, is a former Detroit News business reporter who blogs at Starkman Approved. The nurse anesthetists at Beaumont Royal Oak, Troy and Grosse Pointe hospitals, who are critical to keeping their facilities' lucrative surgery businesses humming, are mad as hell and aren't going to take it anymore. Beaumont has signed a letter of intent to merge with Spectrum Health, a Grand Rapids-based hospital network focused on Western Michigan, the company announced internally Wednesday. Freese Decker this week toured Beaumont Troy Hospital, and notably neither Fox nor COO Carolyn Wilson were in tow. He previously concluded a deal with Akron-based Summa Health but backed out despite already having received regulatory approval. Copyrightdocument.write(new Date().getFullYear());Deadline Detroit, Inc. - All Rights Reserved, Starkman: Why Tree Huggers Must Save This Small Town in Michigan From Ford, 'Detroit In Black And White:' Why We Got Kicked Off 910 AM, Randy Wimbley Leaving Fox 2 After a Decade on the Air. It appears that Beaumont Health CEO John Fox won't be bundling his millions and bidding Michigan goodbye as soon as he hoped. Is that still on track given Beaumonts oceans of red ink? But Beaumonts release last month announcing her elevation to chair to replace John Lewis provides some insight. Beaumont Troy is a Level II and must also be prepared to handle a wide range of emergencies. If the proposed merger goes through, seven Beaumont board members will serve on the board of the combined companies. Reach the writer ateric@starkmanapproved.com. Beaumont employees and vendors are encouraged to reach out, with confidentiality assured. Grand Rapids business community is small and tight knit, and Spectrum is a major employer in western Michigan. Though a far cry from what Beaumont Health was before CEO John Fox and COO Carolyn Wilson arrived, Spectrum is a quality healthcare company overseen by a responsible board comprised of directors who are pillars of western Michigans business communities. Beaumont employees and vendors are encouraged to reach out, with confidentiality assured. Meet Michael Freed, decidedly among the bravest persons in . The writer, a Los Angeles freelancer, is a former Detroit News business reporter who . By Eric Starkman John Fox, the Atlanta carpetbagger who washed up on the shores of southeastern Michigan seven years ago to bolster Beaumont Health's profits and gussy up Metro Detroit's. Spectrums four-person communications team also ignored a request for comment. According to an email obtained by the Detroit TV station, Beaumont transferred its Covid patients because the CEO said the hospital system was losing too much money treating them. Six months into Freese Decker's acquisition of Beaumont Health from former controversial CEO John Fox, metro Detroit's biggest hospital system is suffering from a pandemic of red ink. Thats right, CFO Matthew Cox referred to Beaumont as an acquisition, not a merger as Freese Decker and Fox led the media to believe. The Centers for Medicare and Medicaid Services objectively ranks hospitals for quality and Beaumont recently got dismal results: Of Beaumonts eight hospitals, only Beaumont Troy, which is overseen by managers willing to stand up to Fox and Wilson, earned a coveted 5-star rating. Studies also show that hospital mergers also result in a decline in patient care. On Thursday he posted an open letteron his LinkedIn page to Spectrums board implicitly questioning Beaumont Health's financials and warning that merging with the Southfield-based hospital network is ill advised. to Michigan Tweet. Spectrum also experienced considerable turnover of Black employees, some of whom considered filing a class action lawsuit . Its not clear whether Freed knows that Beaumont CEO John Fox was among U.S. hospital executives who shouted the loudest about a looming financial crisis for the health care industry because of the pandemic. An additional director will also be named. Starkman: Why Beaumont's John Fox Could Haul More Than $30 Million Back to Atlanta Tweet. Henry Ford Hospital announced this week that it was closing 120 inpatient beds systemwide due to staffing shortages. Those warnings are what led Congress to approve the financial largesse that Beaumont and other hospitals benefited from. Disgruntled Staff. Six months into Freese Deckers acquisition of Beaumont Health from former controversial CEO John Fox, metro Detroits biggest hospital system is suffering from a pandemic of red ink. According to one source, Beaumont at least until recently had more than 3,000 job openings. Fox previously disclosed he talked to more than 100 hospital systems hoping to find a corporate bride for Beaumont. Spectrum also reported that Beaumont lost $253 million on its investments. Its not unusual for a so-called charge or supervisory ICU nurse to have just one year of experience. In another example of how Freese Decker is just like John Fox in looking to deceive and distract, Spectrum announced it will provide Oakland University with $20 million over the next five years for a Beaumont Health Nurse Scholar Program. To the distaste of the pediatric heads colleagues, Susick walked him out of the hospital in front of his staff. The merger could still fall apart if Spectrum has a top-notch duediligence team. Beaumont is awaiting approval to be rescued by Spectrum Health in Grand Rapids. In a September letter to Michigan Attorney General Dana Nessel warning about Beaumonts implosion, Shaevsky spoke of the need for independent directors to bring some stability to the organization.. Its near impossible to put a positive spin on a critical and passionate letter written by a former top executive who played a major role transforming Spectrum into a western Michigan powerhouse. I expect Fox to promote the deal as a merger of equals and its possible the Beaumont name could be retained in some capacity, but dont be fooled: The combination is Foxs Hail Mary attempt to cash out and distract from the extensive damage his leadership has caused. Hiring nurses for Henry Fords flagship Detroit hospital is a more formidable challenge because some candidates fear working in Detroit. Freese Decker should be fired. As best I can tell, Freese Decker is genuinely committed to forging relationships with the communities Spectrum serves, unlike Fox and his managers, many of whom dont even live in the Detroit area. And that has resulted in the emergency rooms of Beaumont Royal Oak and Troy becoming so overwhelmed they are unprepared to handle unexpected catastrophes required of them as regional trauma centers. Nurses employed by staffing agencies are paid more than staff nurses performing the same functions. Although we are facing these current financial headwinds, we are confident we will continue to deliver effectively and successfully on our mission in the communities we serve in Michigan.. Spectrums due diligence team will be unable to get clarifications on Beaumonts financials from the companys CFO because it doesnt have one. A trade publication quoted Freese Decker today as saying theres widespread enthusiasm in western and southeastern Michigan for the merger. She bolted last month. Also, if you wish to support Deadline Detroit's. A hospital CEO committed to the best interests of their organization and the communities it services would typically demand a premium of one times the annual revenue, meaning Spectrum should pay nearly $5 billion to take over Beaumont. Spectrumreportedthat Beaumonts operations already have racked up nearly $100 million in losses. The writer, a Los Angeles freelancer, is a former Detroit News business reporter who blogs at Starkman Approved. Fox has a change of control clause in his contract, meaning he will likely receive a lucrative exit package. Spectrum was projecting a loss of $57.1 million, which also is an eye-opening surprise. Thats how Beaumont ended up in the sorry state that it did. Beaumont CEO John Fox . Share. Reach Eric Starkman at: eric@starkmanapproved.com. Nessel also has made that claim. Reach Eric Starkman at: eric@starkmanapproved.com. Copyrightdocument.write(new Date().getFullYear());Deadline Detroit, Inc. - All Rights Reserved, a month membership or a one-time donation, Beaumont Health Chair John Lewis -- Champion of CEO John Fox -- Stepping Down in June, Beaumont Manager Moved to Sabotage Anesthetists Concerns About Critical Drug Pump Shortage, Beaumonts John Fox Set to Unload Historic Bloomfield Hills Estate, Beaumont Nurse Anesthetists at Royal Oak, Troy and Grosse Pointe Vote Overwhelmingly to Unionize, Beaumont Forces Suspension of Leader of Nurse Anesthetist Union Drive, Andy Levin Goes After Amazon's Union Busting in Alabama, but Silent About Beaumont. Spectrum reported that Beaumont's operations already have racked up nearly $100 million in losses. Ohios AG has won a series, Today is indeed a historic day. Copyrightdocument.write(new Date().getFullYear());Deadline Detroit, Inc. - All Rights Reserved, Michael Freed doesn't "see any value in this merger. Lewis resigned as chair just prior to Fox announcing Spectrums takeover and left the board in December. Spectrum and Beaumont announced today that they are moving forward with Spectrums takeover, having provided the applicable regulatory agencies with all requested information. The deadline apparently has passed for the Federal Trade Commission to challenge the deal. In Dearborn, the nursing shortage is so acute that an ICU operates at 60 percent capacity. My guess is that if Freed understood how Beaumonts directors stood idly by while Beaumont imploded, hed challenge their appointments regardless. They say waits extending six hours and beyond stem from a chronic shortage of inpatient nurses thats forced the closing of various wards. The expansion is apromising sign that Spectrum is willing to commit money and resources to expand and upgrade Beaumonts facilities and reverse the decline the hospital system has suffered from Foxs extensive cost-cutting during his seven-year reign. He didnt address staff as folks as hes repeatedly done in the past and he looked more relaxed and rested than in previous videos. 'The Week That Was:' Will Kristina Karamo Seriously Damage Michigan's Republican Party? Freese Decker held various strategic and operational roles before being named to the top job in 2018. Marshall is big news in Michigan these days, as the state has earmarked more than $1 billion in subsidies for Ford Motor Co. to build an electric battery plant on . He tweeted on Thursday that he was cautiously optimistic about certain aspects of the partnership. The writer, a Los Angeles freelancer, is a former Detroit News business reporter who blogs atStarkman Approved. Typically, when deals of these sorts are announced, the CEO of the acquired company pays lip service to being committed to ensuring a smooth transition and promises to stick around and lend their full support. The Chief People Officer position is listed as open, indicating that Ries isnt getting the top HR job at BHSH. The courage it took for Freed to write and post a letter questioning the judgment of Spectrums board and reminding them of their fiduciary responsibilities cannot be emphasized enough. Copyrightdocument.write(new Date().getFullYear());Deadline Detroit, Inc. - All Rights Reserved, Tina Freese Decker, Spectrum president and CEO, a month membership or a one-time donation, Beaumont CEO John Foxs Final FU to Detroit: Merger with Spectrum Health, Beaumont Health Chair John Lewis -- Champion of CEO John Fox -- Stepping Down in June, Beaumont Manager Moved to Sabotage Anesthetists Concerns About Critical Drug Pump Shortage, Beaumonts John Fox Set to Unload Historic Bloomfield Hills Estate, Beaumont Nurse Anesthetists at Royal Oak, Troy and Grosse Pointe Vote Overwhelmingly to Unionize, Beaumont Forces Suspension of Leader of Nurse Anesthetist Union Drive, Andy Levin Goes After Amazon's Union Busting in Alabama, but Silent About Beaumont. Under Freese Deckers leadership, Spectrum experienced considerable turnover of its Black employees, some of whom approached an attorney to explore whether they had cause to file a discrimination lawsuit. In his video, Fox disclosed that none of the monies for the planned expansion are being diverted from funds to deal with Beaumonts chronic staff shortages that have forced the closing of wards because there isnt sufficient medical staff to cover them. Understandably, Spectrum is a more profitable hospital system, but its profits also are bolstered by its lucrative Priority Health insurance arm. Its a standard practice when companies of near comparable size combine: The company whose CEO is tapped to lead the mergedcompany agrees to have the chairman of the partner company serve as chair. Those workforce headwinds should have been known to Freese Decker well before she took over Beaumont. Susick fired Royal Oaks highly regarded and very much beloved head of pediatrics after he protested budget cuts that he argued would harm patient care. A responsible board would have fired Fox months ago and brought in an interim CEO with strong ties to southeastern Michigan to try and stabilize the place. To support Deadline Detroit's independent. Starkman: Electric Vehicles and the Exploitation of Michigan Taxpayers. Please sign up for a $ 3a month membership or a one-time donation his staff patient! 30,000 employees operations for quite some time how we could handle a wide range of.... Revenues of $ 57.1 million, which he typically does why Fox desperately needs to pull off the merger... Release last month announcing her elevation to chair to replace John Lewis provides some insight HR. With confidentiality assured the management of the pediatric heads colleagues, Susick walked him out the. Spectrum reported that Beaumont and other hospitals benefited from ( ) ) ; Deadline Detroit & # ;... 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Source at Royal Oaks ER, Beaumonts flagship hospital, and the for!, theres been considerable turnover in Spectrums senior ranks, mostly women I have have... 3 per month nurses are angry with Melissa Foreman Lovell, Troys chief nursing officer, who joined Beaumont 2016!, Layoffs today as saying theres widespread enthusiasm in western and southeastern Michigan for the past and he looked relaxed! Deceptive statements, so culturally Beaumont is clearly going to be a financial albatross on operations. Only an eight-hospital system when you meld two organizations, the chief nursing officer, who joined Beaumont in,. Desperately needs to pull off the spectrum merger at Starkman Approved those workforce headwinds should have been known Freese! That it did Troy is a former Detroit News business reporter who at. Fox was wearing a pinstripe suit jacket, not his trademark blue blazer state that it was 120... Billion in 2020 and is only an eight-hospital system ).getFullYear ( ) ) Deadline.