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Check this out: In January 2004, Mike Duggan took over the Detroit Medical Center, a health care system that had lost $500 million during the previous six years, including $130 million in 2003. The available time to turn the system around was growing short. "We basically had about six months to get the place turned around," Duggan says. "The projection I was handed the day I started was that DMC would be entirely out of cash by May 31 of 2004. That was the very first thing our finance people handed me." Mike Duggan turned it around. Find out how... |
by Brett Rogers, 5/21/2009 12:59:01 PM
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