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Healthcare

Beleaguered North Texas Medical Center Lands On New CEO

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The North Texas Medical Center has chosen its next chief executive officer. The board of the Gainesville-based hospital agreed last week to hire Tom Sledge to the position, as the Gainesville Daily Register reports.

Sledge has been working as the chief operating officer at Northwest Medical Center in Springdale, Arkansas, and is also a former COO at rural Weatherford Regional Medical Center, before it was bought by Medical City Healthcare.

Plano-based Community Hospital Corp., which manages NTMC, recommended an incentive-laden salary with a $225,000 base, according to the Daily Register. I couldn’t reach anyone on the board to confirm whether Sledge has agreed yet, but it’s worth noting that his LinkedIn page already says he’s the hospital’s CEO.

Sledge, if he does accept, will be charged with righting the ship at a 60-bed hospital that filed for bankruptcy 18 months ago and has not found solid footing since. Community Hospital Corp. won the contract to manage the facility after a previous company backed out amid revelations that the hospital was losing more than $650,000 a month.

NTMC couldn’t come to terms with previous CEO Chris Zeringue—who’d been on loan from a Texoma hospital under the prior management—and began a search for a new leader in May.

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