Work­ing—Af­ter Re­tire­ment

Modern Healthcare - - NEWS -

Af­ter a life­time be­com­ing an ex­pert in your in­dus­try, you likely want to stay in­volved post-re­tire­ment. For re­tired health­care ex­ec­u­tives, there are a mul­ti­tude of op­tions that range from con­sult­ing to vol­un­teer­ing with a non­profit or­ga­ni­za­tion.

“The com­ment I hear most of­ten from re­tired pro­fes­sion­als and ex­ec­u­tives is how busy they re­main in re­tire­ment,” says Robert Tucker, MD, vice pres­i­dent of wealth man­age- ment at Plan­corp LLC in St. Louis. “If they were suc­cess­ful in their ca­reer, their ex­per­tise and in­volve­ment will be so­licited, and the key is­sue will be how to best uti­lize time for a bal­ance of recre­ation, fam­ily and ser­vice.”

A prime ex­am­ple is Joseph Gagliardi, the for­mer pres­i­dent and CEO of Can­cer Treat­ment Cen­ters of Amer­ica, who re­tired in 2012. “Af­ter play­ing about 55 rounds of golf fol­low­ing re­tire­ment, I thought: ‘ There re­ally has to be some­thing other than this for me to do,’” he re­calls.

So, Gagliardi joined the Ser­vice Corps of Re­tired Ex­ec­u­tives, a pro­gram that matches re­tired ex­ec­u­tives with busi­nesses in need of as­sis­tance.

“Our men­tors come from a va­ri­ety of back­grounds, in­clud­ing man­age­ment, mar­ket­ing, man­u­fac­tur­ing, re­tail, ac­count­ing, law and engi­neer­ing,” says Gagliardi, who cur­rently chairs the Tulsa, Okla., chap­ter of SCORE. “We’re all from dif­fer­ent back­grounds, but we can cross-over in­dus­tries. And we of­ten co-men­tor clients.”

Gagliardi says help­ing clients with cus­tomer ser­vice, growth strate­gies and mo­ti­vat­ing em­ploy­ees are the top three skills he lever­ages from his days as a hospi­tal ex­ec­u­tive. “Our suc­cess when I was a hospi­tal CEO was based on treat­ing our pa­tients well,” he says.

In ad­di­tion to his vol­un­teer work, Gagliardi dab­bles in con­sult­ing work. In par­tic­u­lar, he works with the Chicagob­ased Hospi­tal Fa­cil­i­ties Ac­cred­i­ta­tion Pro­gram (HFAP), in­spect­ing and sur­vey­ing hos­pi­tals.

“My wife, Martha, laughs when I tell her I have to go to work,” he says. “But whether it’s SCORE or HFAP, I can tell you that it re­ally is work—and I en­joy it.”

Joseph Gagliardi, for­mer CEO of Can­cer Treat­ment Cen­ters of Amer­ica

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