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February 4, 2004 For more information, contact:
Kevin DiCola, Manager
Corporate Communications and Public Relations
248.489.6032 (office)
248.523.6733 (pager)
dicolak@trinity-health.org

Interim CEO of Mercy Hospital – Port Huron (Mich.) Accepts Permanent Position

NOVI, MICHIGAN, Feb. 3, 2004 – Peter Karadjoff, Interim President and CEO of Mercy Hospital in Port Huron, Mich., has accepted an offer that makes him the permanent leader of the 119-bed hospital system.

Karadjoff, 39, had been serving as interim CEO since October 2003, when former CEO Mary Trimmer left to become vice president over Trinity Health’s system-wide implementation of state-of-the-art clinical and revenue cycle computer systems. Mercy Hospital was the first of 17 Trinity Health member organizations to receive the common core computer system.

“Mercy Hospital is an outstanding organization with a distinguished past and a very bright future,” Karadjoff said. “The integrity, quality of professionalism and commitment to Mercy demonstrated by physicians, nurses and staff has been inspiring. It’s a great hospital and a terrific community. I look forward to leading Mercy as it continues to meet the challenges of providing compassionate and quality medical care.”

The Mercy Hospital Board of Trustees was unanimous in its support for Karadjoff.

“We are very pleased to announce this appointment,” states Tim Ward, Chair of the Mercy Hospital Board of Trustees. “Over the past several weeks, we’ve observed Peter’s strong leadership skills and, after consulting with our medial staff administration, made a unanimous decision in the best interest of this institution.”

Representatives of the Mercy Hospital Board and medical staff enthusiastically endorsed the recommendation.

“Over the past few months, Peter has taken the opportunity to get to know the Medical Staff at Mercy Hospital,” said Thomas A. Coury, MD, Mercy Hospital Chief of Medical Staff. “He has new thoughts and the energy necessary to meet the needs of the medical staff. This simplified our decision to approve of his appointment. He will make a marvelous addition, not only to Mercy, but the entire community.”

Prior to joining Mercy Hospital, Karadjoff spent the past six years with Trinity Health – the last three of which as Vice President of Performance Improvement. He has repeatedly demonstrated leadership and support in operation turnarounds at many Member Organizations.

He holds a Bachelor’s degree in Manufacturing Administration from Western Michigan University and a Master’s of Business Administration from Wayne State University. He currently serves as President of the Michigan Healthcare Executive Group and Associates (MHEGA), and is a member of the American College of Health Care Executives.

“Peter has a strong grasp of the complexities present in today's health care environment, and is well versed in operations and performance improvement,” states Mike Slubowski, Executive Vice President, Eastern Division, Trinity Health. “We believe he has the talent and experience to build on the enormous contributions Mercy Hospital has made over the past 50 years, and take the hospital to the next level."