Meadowlands Hospital Medical Center has named a new chief executive officer to replace Thomas Considine, it announced.
Felicia Karsos, formerly chief nursing officer at the for-profit hospital, takes over as CEO effective immediately, according to a hospital news release.
“Felicia is an excellent choice for CEO and has demonstrated a vast working knowledge of hospital operations and is committed to the continued success of the institution,” Considine and board Chairman Dr. Richard Lipsky said in a joint statement.
Considine, who took over as Meadowlands CEO on May 1, will “focus on key strategic initiatives to better position the hospital for the future,” the release said.
Sources told NJBIZ earlier this month that he would become a consultant to TruPlan, the Meadowlands-sponsored health plan that was spun off by the for-profit hospital as a separate, independent entity. However, the release said, “Going forward, Mr. Considine will provide consultation to the hospital in regard to its relationship with payors and TruPlan; however, he will not be consulting to TruPlan itself or have any role there.”
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Both Considine, a former state commissioner of banking and insurance, and Lipsky put a positive spin on his resignation and new role.
“I realized after three months of running the day-to-day operations that, due to my extensive background and experience in the insurance industry, my talents would be best utilized in assisting the board with a number of important strategic goals in this area,” Considine said in the statement.
Likewise, Lipsky said, “It became apparent to me that allowing Tom to focus on a few, high-priority items would be the key to our transformation and future success.”
A source had told NJBIZ, though, that Considine had not received the autonomy he had hoped for as CEO.
"It became apparent early on that the owners were still involved in the day-to-day operations," the source said. "Tom tried to work through a lot of those issues, but then realized it was best to sever his ties with them."
Karsos’ health care management experience includes executive, vice president, director and administrative positions at Saint Michael’s Medical Center in Newark, according to her biography on the Meadowlands website. She has also worked as a staff nurse and nurse manager.
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