HUNTSVILLE, TEX. – Huntsville Memorial Hospital Corporation (HMH) today announces
Steven L. Smith, a highly accomplished healthcare executive, as Chief Executive Officer
(CEO). Smith will assume the CEO position on February 11th.
“I’m pleased to take on the role of CEO at Huntsville Memorial
Hospital,” said Smith. “Huntsville is a wonderful place and
the Hospital has a more than 90-year history of charitably caring for
its community. I look forward to the opportunity to help position Huntsville
Memorial Hospital to continue to proudly and impactfully serve its patients
for the long-term.”
Smith was placed by Healthcare Management Partners (HMP), a leading turnaround
and consulting firm specializing in supporting healthcare organizations
facing financial challenges, that was hired by HMH’s Board of Directors
in April of 2018 to provide turnaround and transaction service. Once Smith
is in place, HMP corporate staff will continue to support strategic planning,
attend board meetings, and provide direct support to the CEO in conjunction
with the Corporate Board.
“Steve is extremely qualified for the position and was unanimously
approved by the Walker County Hospital Corporation doing
business as Huntsville Memorial Hospital,” said Mac Woodward, President
of the Huntsville Memorial Hospital Board of Directors. “We’re
thrilled to welcome him to the Walker County hospital community.”
Smith will start as CEO under the employ of HMP, but the hospital corporation,
hospital district, or future owner of the hospital has the right to hire
Smith as the permanent CEO. If he is hired permanently, HMP will waive
any notice requirements from its agreement. Due to the progress made at
the hospital, HMP proposed the hiring of a CEO as a positive step to ensure
the continuing operations of Huntsville Memorial Hospital as it entertains
transaction opportunities. The measure also will substantially reduce hospital
Smith, who has 39 years of experience in medical center executive leadership,
has indicated he is willing and able to take on the
CEO roll for the long-term. He and his wife, Kathy, are actively looking
for a home in the Walker County area.
He spent 2008 through 2018 as CEO of Matagorda Regional Medical Center
in Bay City, TX. There, as an employee of Quorum Health Resources, he
provided day-to-day strategic and operational leadership for 58-bed general
acute care hospital with annual net revenues of
$68M and 450 FTEs, freestanding wellness and rehabilitation center, an
multi-specialty provider group, a primary care clinic, and a rural ACO.
Smith was the driving force behind the
formation of the Texas Rural Accountable Care Organization (TRACO), serving
as its board chair for three years. TRACO is a
network of seven rural communities, formed with the support of Caravan
Health, a rural ACO management company, to participate in the Medicare
Shared Savings ACO program beginning in 2015.
He has also acted as CEO of Sugar Land Surgical Hospital, CEO of Kingwood
Specialty Hospital, Hospital President and System Chief Operating Officer
of Coffee Health Group, and President and CEO of Memorial Medical Center,
among other positions.
Smith received his Bachelor of Science in Business Administration from
the University of Alabama and obtained his Master of Science in Healthcare
Administration from Trinity University. Smith is a Board Certified Fellow
(FACHE) designated by the American College of Healthcare Executives.
Huntsville Memorial Hospital is a Joint Commission-accredited, not-for-profit
acute care community hospital. It provides health care services to the
residents of Walker County and the surrounding communities.
Further information on Huntsville Memorial Hospital and its services, visit: https://www.huntsvillememorial.com/