Redefining Leadership: Redeemer Health’s New CEO Looks Forward to Unlocking Potential Amid Financial Struggles

Redeemer Health, a nonprofit Catholic health system in Philadelphia, has announced the retirement of its long-serving CEO, Michael Laign. Effective July 15, Greg Wozniak will take over as CEO, succeeding Laign who has been at the helm since 1993. The Sisters of the Redeemer, who oversee Redeemer Ministries, have acknowledged Laign’s dedication and support to their mission of caring for patients.

Wozniak previously served as CEO of St. Mary Medical Center in Langhorne from 1999 to 2015 and has since worked as a consultant and advisor. He is also the president of the Redeemer Ministries board. According to Gallagher, he has demonstrated exceptional abilities, vision, talent, and passion that make him an ideal candidate to lead the organization through its next chapter.

During his tenure at Redeemer, Laign witnessed significant consolidation in the healthcare industry in Philadelphia region spearheaded by Thomas Jefferson University and Penn Health System. Despite disagreements over abortion policies that failed merger with Abington Health in 2012 and subsequent acquisition by Jefferson’s Lehigh Valley Health Network deal pending now. Financial challenges have plagued Redeemer in recent years with operating losses recorded every fiscal year since 2017. Fitch Ratings recently downgraded it from BB+ to BB- due to sustained operating losses that diminished its financial reserves.