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Coker Connection
January 2017
Interim Management: Allow Your Organization Time to Find 
Expert Leadership
by Jeffrey T. Gorke | Senior Vice President at Coker Group  
 
Healthcare is an industry fraught with frequent management turnover, particularly at the senior level. The result is a dearth of skilled and experienced healthcare executives at the top level or "C-Suite." Reasons for the shortfall in the leadership pool include an industry-wide talent drain, lack of emphasis on mentoring, and little to no succession planning in medical practices and health systems. When senior management (CEO, COO, VP, Executive Director, and Administrator) positions turn over, the departure, whether planned or not, leaves a gap in both institutional knowledge and strategic and operational deployment. Given that scenario, hospital-employed physician networks (EPNs) and medical practices sometimes scramble to fill lead non-physician management roles often with candidates who are not quite ready to lead and implement. This bi-product arises more from expediency than plan. In some instances, these "promotions" are people within the practice who possibly, while known to the practice, lack preparation for the role. In other situations, physicians may just hire the first person who they "feel" might fit the role of the senior manager, whether it's a non-physician CEO, an Executive Director, or an Administrator. These positions should be viewed with the gravity of the role they play within the organization. Rather than making a quick or easy hire, an organization should conduct a careful, well-planned search to recruit qualified candidates who will fit the organization culturally and with a history of success in medical management.

Cyber Security Lessons from 2016 and Trends for 2017
by Marissa M. Maldonado | Senior Manager  at  Coker Group

Before we begin to forecast what new trends in cyber security will evolve in 2017, we must first look at the major pivots we witnessed in 2016. There are two critical events from 2016 that will continue to shake things up across all major industries-including healthcare--that must adhere to some measure of compliance. The general theme for 2017 is how do we simplify and consolidate technology and automate resolutions of cyber security breaches.
 
In 2016, industries across the board experienced one of the most aggressive and destructive cybercrime campaigns to date--Ransomware. Ransomware was first sent to nearly half a million victims on February 16th, 2016. It came in the form of a word document with a malicious macro. Victims were sent the infected document via an email masked as an invoice requiring payment. It changed the wallpaper on their computer to instructions on what to do next. All of their files were converted into Locky Files, which are inaccessible encrypted files. To access the files required paying a "ransom" to the hackers. Once the ransom was paid, the encryption key was released for victims to retrieve their files. 


Coker ValuePath Webinar Series
Learn how to successfully navigate the path to value with Coker Group's webinar series. Senior executives from Coker will present on the components related to the shift from volume to value. This series will be multiple hour-long webinar sessions, taking place every other Wednesday from 2:00-3:00pm EDT. The 6 session series will begin January 18 and end March 29. During that time, presenters will introduce the topic, and address the issues and challenges related to the topic. The presenters will also answer previously submitted questions. To ensure these sessions are beneficial and applicable to your organization, we invite you to submit your questions  here. For more information on the dates and topics, click  here.  
Executive Search Announcements
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Below you will find a list highlighting some of
our current searches. If you are interested in
more information about any of these positions, please contact us today.
  
Coker Group, a global healthcare consulting and financial services firm that provides operational and financial solutions to healthcare organizations throughout the US and abroad, seeks well-qualified candidates for these positions:

  • Chief Executive Officer, OrthoVirginia, Richmond, VA 
  • Chief Medical Officer, Gerald Champion Regional Medical Center, Alamogordo, NM
  • Chief Executive Officer,  Northwest Surgical Specialists, Eugene, OR
  • Assistant Vice President- Patient Care Services, Cardio Vascular Services, DCH Health System, Tuscaloosa, AL
  • Executive Director of Facilities and Campus Operations, Springhill Medical Center, Mobile, AL
  • Chief Executive Officer, Children's Specialty Group, Norfolk, VA
  • Vice President/Senior Vice President for HIT Consulting Services, Coker Group, Alpharetta, GA

Candidates interested in learning more about these opportunities should forward a resume to:
 
Charles L. Nagle, President
Nagle & Associates
678-280-9688
Coffee with Coker!

Coffee with Coker Mug
Adapting Hospital Employed and Private Practice Compensation Models for Clinical Integration

Date: Thursday, Jan. 19
Time: 2:00pm-3:00pm EST

Speakers: Justin Chamblee, MAcc, CPA, SVP & Jon Morris, JD, MBA, Manager

Click here to register

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Executive Search
If your organization has a current or future need to fill a key position, please contact us for a free consultation. We offer discounted fees to clients that have multiple searches in a 1 to 2 quarter time frame.
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