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December 20, 1991 - Image 20

Resource type:
Text
Publication:
The Detroit Jewish News, 1991-12-20

Disclaimer: Computer generated plain text may have errors. Read more about this.

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KIMBERLY LIFTON

Staff Writer

p

hillip "Sol " Schaen-
gold wants to lead
Detroit's Sinai Hos-
pital through the constantly
changing health care
industry.
Mr. Schaengold, 43, who is
Jewish, was last week nam-
ed president and chief ex-
ecutive officer for Sinai. He
said he will familiarize
himself with the area, get to
know the medical and sup-
port staffs and work with a
team to draw up a longterm
plan for the hospital. He is
scheduled to begin his new
job on Feb. 3.
Merle Harris, chairman of
the Sinai Hospital Govern-
ing Board, said Mr.
Schaengold is a perfect mat-
ch for the hospital, whose
board had hoped to hire a
Jewish chief executive offi-
cer to help carry out its mis-
sion as a Jewish-sponsored
hospital.
"He is a highly talented
individual and his current
work with a Jewish-
sponsored hospital assures a
good fit with Sinai's heritage
and culture," Mr. Harris
said.
Mr. Schaengold is presi-
dent of Menorah Medical
Center, a 430-bed acute care
institution in Kansas City,
Mo., affiliated with the Uni-
versity of Missouri - Kansas
City Medical School. He said
he is "very positive" about
Sinai, which he said has a
tremendous reputation for
teaching, research and as an
institution of care
throughout the country.
"People have just looked
recently at the poor finances,
which has detracted from
the hospital," Mr.
Schaengold said."I've found
that teamwork leads to
positive results. We want to
get everyone rolling in the
same direction."
Mr. Schaengold will
replace Robert Steinberg,
who left the hospital's CEO
position last February. After
Mr. Steinberg's departure,
the hospital hired the
Hunter Group, a team of
consultants from St.
Petersburg, Fla., formerly of
Chicago, to help the hospital
get out of financial
difficulty.
Since Hunter's arrival,
Sinai's financial picture has
improved. The consultants
attribute the better financial
position in part to an August

-

work force reduction of 200
employees.
The hospital posted a
profit of $66,000 for the first
quarter of this year.
Hospital officials said they
expect in January to an-
nounce profits for the second
quarter.
"I think there is a certain
amount of risk with any new
position," Mr. Schaengold
said. "Sinai has had a
difficult time in the last cou-
ple of years, but when I look-
ed over the balance sheet and
talked to physicians and the
board and saw a commit-
ment to staying viable and
well, I saw that it could re-
verse.
"There is so much positive
energy at Sinai that, if
channeled, it could return
to the stature it had before."
Howard Watts, a manag-

"There is so much
positive energy at
Sinai that, if
channeled, it could
return to the
stature it had
before."

Phillip Schaengold

ing director for Hunter, has
been acting CEO and was
scheduled to remain through
January. The hospital board
extended Hunter's contract
to assure a smooth tran-
sition.
Meanwhile, discussions for
a possible affiliation are
underway with the Detroit
Medical Center. They are
expected to continue
through March. Mr.
Schaengold said he and the
board agreed that no affilia-
tion would take place before
his arrival.
Mr. Schaengold, who holds
a bachelor's degree in phar-
macy, an MBA and a law
degree, has been president of
Menorah Medical Center
since 1986.
"I've always enjoyed
health care," Mr.
Schaengold said.
"The most challenging
thing now is to lead the in-
stitution through an ever in-
creasing rate of change," he
said.
"If Sinai can place itself at
the top as an institution that
is efficiently funded, it will be
an attractive provider," Mr.
Schaengold said. "My role is
to lead the institution
through the change." ❑

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