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Sarasota Herald Tribune: Hospital's new CEO takes job at tumultuous time

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Dec. 28, 2014 – Less than six months into his position as Sarasota Memorial Hospital's CEO, David Verinder faces a raft of challenges that would test even the most seasoned hospital administrator.

The health care industry is undergoing a tectonic shift, as the federal government and insurance companies recalibrate paying for health care under the Affordable Care Act.

In the last two months, the hospital has renegotiated large insurance contracts with United Healthcare and Staywell Wellcare after breaking a management agreement with Baycare, a nonprofit health system based in Clearwater.

And as a public "safety net" hospital, Sarasota Memorial bears the largest responsibility for treating uninsured residents in Sarasota.

Florida lawmakers, meanwhile, continue to refuse federal money to expand Medicaid coverage to nearly one million low-income Floridians, leaving hospitals such as Sarasota Memorial responsible for millions of dollars in uncollected debt each year.

But if his eight years at the nonprofit public hospital are any sign, Verinder is up to the task. 

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