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The St. Louis Park-based hospitalk and clinics chain, which is wrestling with layoff andother cost-cutting measures, appointed Dr. David Abelson, chier clinical officer, to take over Wessner’s presidentf title. A selection committeer will conduct a search for a new CEO incominbg months. Park Nicollet officials on Fridayy praisedthe 57-year-old Wessner’s accomplishments over his 15 years at the health provider: 11 as president and CEO, and four as COO. Wessne r strengthened clinical programs in areas includinh heartand vascular, cancer, diabetes, orthopedics and eatingf disorders. The health provider was efficienchy methods pioneered by ToyotaMoto Corp.
Park Nicollet also engaged in a buildinvprogram — including a three-story, 67,000-square-foot Melrosew Institute eating disorders center and a new cancerr center wing at Methodist Hospital in St. Loui s Park. Those new facilities came just as recessioj was taking a toll onthe company’s investments and loweringv demand for elective procedures such as knee surgery and hernia operations. Since December, the health provide r has , and has had to to revieew its finances amid fallingcash reserves. though, said in a statement Fridah that Park Nicolletis “now on the right track financially.
” “Park Nicolleg is positioned to be very strong in the coming post-reform healtu care services marketplace,” he said. Wessner said he startede to plan for his retirement in with an eye toward leaving in 2009or 2010. “j ended up delaying my retirement planss to help ensure that the organization was ontracki financially,” he said.
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