Leaders must stay focused in challenging times says Lifepoint CEO
Uncertain times can successfully be navigated when leaders stay focused William F. Carpenter III, chairman and chief executive officer of LifePoint Hospitals told a crowd of more than 500 business leaders at the Nashville Business Breakfast March 12.
“This is an uncertain and challenging time for health care,” said Carpenter. “Leaders of any company can lead effectively during times like this if they have a clarity about their mission, vision, values and the principles they stand for and are guided by.”
Carpenter has served as CEO since 2006 and assumed the additional position of chairman of the board in 2010. A founding employee of the company, Carpenter previously served in various roles as executive vice president, senior vice president, general counsel, secretary and corporate governance officer. Prior to joining LifePoint, Carpenter was a member of the Nashville law firm Waller Lansden Dortch & Davis, LLP.
“Strong leaders must plan and think strategically and reevaluate consistently. Then, in tough times, they know instinctively what to do. They execute brilliantly on the strategies and tactics they have studied and practiced their entire careers. Even in the face of the greatest of uncertainties if we stay focused we can still achieve greatness,” he said.
Carpenter is the immediate past board chair for the Federation of American Hospitals, the national public policy organization for investor-owned hospitals. He is currently chair-elect of the Nashville Health Care Council board of directors and is a member of the board of directors of the Nashville Area Chamber of Commerce. Carpenter has been included in Modern Healthcare magazine’s annual “100 Most Influential People in Healthcare” list numerous times.
LifePoint Hospitals was founded in 1999 on the idea that everyone deserves quality health care close to home and that strong hospitals create strong communities. The company began with a network of 23 hospitals in non-urban markets across the nation with the goal of “making communities healthier.”
Based in Brentwood, LifePoint has grown into a leading hospital company with more than $3.5 billion in revenues and nearly 60 hospital campuses in 20 states. It is the sole hospital provider in most of the communities it is in and, in 2011, became the only private organization in the country chosen by the Department of Health and Human Services to be a Hospital Engagement Network in the Partnership for Patients initiative, a nationwide public-private collaboration to improve the quality, safety, and affordability of healthcare for all Americans The company has more than 28,000 employees and 3,000 physician partners.
The Nashville Business Breakfast is a quarterly networking event presented by Lipscomb University and the Nashville Business Journal, with a news-conference style format, featuring business leaders with local economic impact. The event is sponsored by PNC Bank.
Recent speakers include Mayor Karl Dean, Butch Spyridon, president of the Nashville's Convention and Visitor's Bureau; Loucas George, producer of the new ABC program “Nashville;” Jim Wright, CEO of Tractor Supply Company; Mike Munchak, Tennessee Titans head coach; Gov. Bill Haslam; Colin Reed, CEO and president of Gaylord Entertainment; Michael Woodhouse, chairman, president and CEO of Cracker Barrel Old Country Store; Bill Winsor, president and chief executive officer of Market Center Management Company (MCMC), developing the Medical Trade Center in Nashville; Carlos Tavares, chairman, Nissan Motor Company's Management Committee; Mark Emkes, CEO of Bridgestone Americas; and Kix Brooks, country music artist and former chairman of the Country Music Association.