California hospital CEO to retire amid Chapter 11 process

Press Release

Oroville (Calif.) Hospital President and CEO Robert Wentz will step down from his role as part of a leadership transition approved by the hospital’s board of trustees.

Scott Chapple, the hospital’s administrator and COO, will succeed Mr. Wentz as president and CEO, effective upon court approval of the transition plan, according to a March 9 hospital news release shared with Becker’s.

Mr. Wentz is retiring after more than four decades of service and will continue to support the hospital’s employees, medical staff, affiliate entities and psychiatric residency program in a consulting capacity during the hospital’s ongoing sale process and Chapter 11 proceedings.

Oroville Hospital and its parent organization, OroHealth, each filed petitions for Chapter 11 bankruptcy protection in December to facilitate a transaction aimed at securing the hospital’s long-term future. The court-supervised process allows the hospital to continue operations while seeking a partner with the financial and operational resources to invest in the organization and support its mission, the hospital previously said.

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Mr. Wentz began planning his retirement more than a year ago but agreed to remain in the role to lead the hospital through the process and ensure a smooth transition.

“I remain committed to helping complete the transition of the hospital to new ownership in whatever capacity I am needed,” Mr. Wentz said in the release. “This succession plan has been in the works for many years, and Scott is the right leader to guide the hospital through this challenging period.”

Mr. Chapple has more than 38 years of healthcare leadership experience and has worked at Oroville Hospital for more than 22 years in several leadership roles.

In a separate action Feb. 19, the court approved a final debtor-in-possession financing agreement to maintain hospital operations throughout the Chapter 11 process, the release said. The Chapter 11 petitions were filed in the U.S. Bankruptcy Court for the Eastern District of California, Sacramento Division.

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The post California hospital CEO to retire amid Chapter 11 process appeared first on Becker's Hospital Review | Healthcare News & Analysis.

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