HCA CEO Bracken to step down

Modern Healthcare - - COVER STORY - — Beth Kutscher

HCA, Nashville, the coun­try’s largest hos­pi­tal chain by rev­enue and hos­pi­tal count, will un­dergo a lead­er­ship change at the end of the year, when CEO Richard Bracken steps down. R. Mil­ton John­son, 56, the chain’s pres­i­dent and chief fi­nan­cial of­fi­cer, will take the CEO role at that time. Bracken, 60, will con­tinue to serve as chair­man of the board, ac­cord­ing to a news re­lease. He joined HCA in 1981 and held a num­ber of lead­er­ship roles be­fore be­ing named pres­i­dent and chief op­er­at­ing of­fi­cer in 2002. He ac­cepted the CEO post in Jan­uary 2009. John­son moved up the ranks at HCA af­ter serv­ing as di­rec­tor of tax for Healthtrust, which merged with HCA in 1995. He stepped into the role of con­troller in 1998 and CFO in 2004. He joined the board of di­rec­tors in 2009, and be­came pres­i­dent two years later. The com­pany said in the re­lease that it is con­duct­ing an in­ter­nal search for a new CFO.

R. Mil­ton John­son

Richard Bracken

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