December 18, 1996
Media Contact: Joann Rodgers
Phone: (410) 955-8659
Ronald R. Peterson has been appointed as president of The Johns Hopkins Hospital, effective December 17, 1996. The appointment was announced "in recognition of the superb leadership he has provided as acting president" by George L. Bunting, Jr., chairman of the boards of Johns Hopkins Medicine, The Johns Hopkins Health System and The Johns Hopkins Hospital, and by William R. Brody, M.D., president, The Johns Hopkins University and interim CEO of Johns Hopkins Medicine.
The tenth president of the hospital named as the nation's best for six consecutive years in the annual U.S. News & World Report survey, Peterson, 48, also will continue to serve as president of The Johns Hopkins Bayview Medical Center, a position he has held since 1984, and as acting president of The Johns Hopkins Health System. He became acting president of Hopkins Hospital and Health System in September.
At Johns Hopkins Bayview, Peterson directed a $100 million physical redevelopment program and turned a $7 million a year loss under City ownership into a positive bottom line performance averaging $5 million a year.
In June 1995 he was named executive vice president and chief operating officer of The Johns Hopkins Health System, positions he still holds, in order to bring stronger coordination and cohesion to the Health System's operations and strategic planning.
Peterson also is chairman of Johns Hopkins Medical Services Corporation, another key component of the Health System, and a director of the Johns Hopkins Home Care Group and the Dome Corporation. He has served as a director of the Administrative Board of the Council of Teaching Hospitals, a component of the Association of American Medical Colleges (AAMC).
In making their announcement of Peterson's appointment, Bunting and Brody stated that "Throughout all of his assignments, he has shown himself to be an extraordinary manager... Equally important, he is an extraordinary gentleman, who has earned the trust and confidence of colleagues throughout Johns Hopkins Medicine.
"As our search for the CEO/Dean -- the leader of Johns Hopkins Medicine -- continues," they added, "we have been immensely pleased with the cooperation and accomplishments of the interim leadership team."
A graduate of The Johns Hopkins University, with a graduate degree in hospital administration from The George Washington University, Peterson began his career at Hopkins Hospital in 1973 as an administrative resident and became administrator of the Henry Phipps Psychiatric Clinic in 1974 and later of the Hopkins Children's Center and of Hopkins Hospital's Cost Improvement Program. A native of New Brunswick, N.J., he lives in Bel Air, Md., with his wife, Elizabeth "Rooney" Peterson, and their teen-aged son and daughter, Joey and Susie.
Since its opening in 1889, The Johns Hopkins Hospital has been acknowledged as the model of the American academic medical center, with tripartite missions of patient care, teaching and research to improve care. The flagship of The Johns Hopkins Health System, the Hopkins Hospital has 1,036 licensed beds, 6,000 employees, a medical staff of 1,700 physicians, plus 900 on the housestaff, and an annual operating budget of $600 million for FY97. In 1997, more than 40,000 inpatients will be treated at the Hospital, and there will be nearly 300,000 outpatient visits. Hopkins Hospital provides over $60 million of uncompensated care to its patients. The Health System and The Johns Hopkins University School of Medicine have formed Johns Hopkins Medicine in order to compete better in the highly competitive era of managed care.
In addition to its consistently high performance in the USN&WR physician survey, Johns Hopkins this year was ranked the top medical center in the nation in a survey of physicians by American Health magazine. And consumers in the greater Baltimore region ranked Hopkins Hospital number one in a 1996 survey conducted by the National Research Corporation.