Mississippi Today
The revolving door at Mississippi’s hospitals: CEO turnover rate is high
Hospital CEOs are leaving at increasingly higher rates in Mississippi since the pandemic.
The state's hospital CEO turnover rate was 17% in 2021, according to the most recently available data from the American College of Healthcare Executives.
The percentage has been creeping upward since 2019. It went from 10%, considered a “low” turnover rate by the ACHE, to 13% in 2020, the start of the COVID-19 pandemic, and shot up 4 more percentage points the next year.
Now, Mississippi's turnover rate is “high,” according to the organization.
The percentage of hospital CEO turnover has fluctuated over the past decade — Mississippi's highest turnover rate was 27% in 2014. But Tim Moore, president and CEO of the Mississippi Hospital Association, said recent numbers are concerning.
“Mostly, I think it's a testament to how difficult the job is now,” he said.
Just this month, the CEOs of Singing River Health System on the Gulf Coast and St. Dominic Memorial Hospital in Jackson, two of the biggest hospital systems in Mississippi, resigned from their positions to lead hospitals elsewhere.
Moore, who was a hospital executive himself for more than two decades, said the job is nonstop and has only gotten more demanding since the pandemic.
“There's no question it had a huge impact, and a lot of that goes back to the financial perspective,” he said. “You can't get to the position where your revenues exceed expenses. There's no business that can survive that. So that's the situation they're in currently and trying to figure out.”
Hospitals are struggling in Mississippi and across the country, decimated by the pandemic. The Center for Healthcare Quality and Payment Reform puts a third of the state's rural hospitals at risk of closure within a few years.
And as the state of health care gets increasingly precarious, one study found that CEO exits nationwide hit a four-year-high in January of this year.
Data from the ACHE show that nationally, hospital CEO turnover rates have generally remained steady from 2012 to 2021, aside from 2013 when the percentage shot up to 20%. In 2021, the most recently available year, the rate was 16%.
The organization also found that hospital CEOs were most concerned about workforce challenges, which includes personnel shortages and staff burnout.
Doctors and nurses have gotten more expensive, Moore said, and harder to come by. Data from Moore's organization show that Mississippi's nurse vacancy and turnover rates have skyrocketed in the past decade.
“You're just … you're up against another wall,” he said.
This article first appeared on Mississippi Today and is republished here under a Creative Commons license.
Mississippi Today
Renada Stovall, chemist and entrepreneur
Renada Stovall sat on the back deck of her rural Arkansas home one evening, contemplating life when she had a life-altering epiphany…
“I gotta get out of these woods.”
She heard it as clear as lips to her ear and as deep as the trees surrounding her property. Stovall's job as a chemist had taken her all over the country. In addition to Arkansas, there were stints in Atlanta, Dallas and Reno. But she was missing home, her parents and friends. She also knew, she needed something else to do.
“I thought, what kind of business can I start for myself,” said Stovall, as she watered herbs growing in a garden behind her south Jackson home. Some of those herbs are used in her all-natural products. “I know when I lived in Reno, Nevada, where it's very hot and very dry, there really weren't products available that worked for me, my hair, and my skin suffered. I've got a chemistry degree from Spelman College. I took the plunge and decided to create products for myself.”
In 2018, Stovall's venture led to the creation of shea butter moisturizers and natural soaps. But she didn't stop there, and in December 2022, she moved home to Mississippi and got to work, expanding her product line to include body balms and butters, and shampoos infused with avocado and palm, mango butter, coconut and olive oils.
Nadabutter, which incorporates Renada's name, came to fruition.
Stovall sells her balms and moisturizers at what she calls, “pop-up markets,” across the state during the summer. She's available via social media and also creates products depending on what of her ingredients a customer chooses. “My turmeric and honey is really popular,” Stovall added.
“The all-natural ingredients I use are great for conditioning the skin and hair. All of my products make you feel soft and luscious. The shea butter I use comes from West Africa. It's my way of networking and supporting other women. And it's my wish that other women can be inspired to be self-sufficient in starting their own businesses.”
This article first appeared on Mississippi Today and is republished here under a Creative Commons license.
Mississippi Today
On this day in 1954
MAY 17, 1954
In Brown v. Board of Education and Bolling v. Sharpe, the U.S. Supreme Court unanimously ruled that the “separate but equal” doctrine in Plessy v. Ferguson was unconstitutional under the 14th Amendment, which guaranteed equal treatment under the law.
The historic decision brought an end to federal tolerance of racial segregation, ruling in the case of student Linda Brown, who was denied admission to her local elementary school in Topeka, Kansas, because of the color of her skin.
In Mississippi, segregationist leaders called the day “Black Monday” and took up the charge of the just-created white Citizens' Council to preserve racial segregation at all costs.
This article first appeared on Mississippi Today and is republished here under a Creative Commons license.
Mississippi Today
Every university but Delta State to increase tuition this year
Every university in Mississippi is increasing tuition in the fall except for Delta State University.
The new rates were approved by the governing board of the eight universities, the Institutions of Higher Learning Board of Trustees, at its regular meeting Thursday.
The average cost of tuition in Mississippi is now $8,833 a year, a roughly 3% increase from last year. Students can expect to pay tuition ranging from $7,942 a year at Mississippi Valley State University to $10,052 a year at Mississippi State University.
In recent years, universities have cited inflation and rising insurance costs as reasons for the tuition increases. At Thursday's meeting, the board heard a presentation on how property insurance is becoming more expensive for the eight universities as Mississippi sees more tornadoes and storms with severe wind and hail.
READ MORE: Tuition increases yet again at most public universities
But it's an ongoing trend. Mississippi's public universities have steadily increased tuition since 2000, putting the cost of college increasingly out of reach for the average Mississippi family. More than half of Mississippi college students graduated with an average of $29,714 in student debt in 2020, according to the Institution for College Access and Success.
At Delta State University, the president, Daniel Ennis, announced that he will attempt to avoid tuition increases as the regional college in the Mississippi Delta undergoes drastic budget cuts in an effort to become more financially sustainable.
“We will resist tuition increases so that our most economically vulnerable students can continue to have access to the opportunities that a college degree can provide,” he wrote in a memo to faculty and staff on Monday. “We will move beyond basic survival and into a place where we have the capacity to take better advantage of our undeniable strengths.”
Delta State didn't increase tuition last year, either. Officials have been concerned the university is becoming too pricey for the students it serves.
Tuition for the 2024-25 academic year, by school:
- Alcorn State University: $8,105
- Delta State University: $8,435
- Jackson State University: $8,690
- Mississippi State University: $10,052
- Mississippi University for Women: $8,392
- Mississippi Valley State University: $7,492
- University of Mississippi: $9,612
- University of Southern Mississippi: $9,888
This article first appeared on Mississippi Today and is republished here under a Creative Commons license.
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