Market apparently doesn't think it's good news either. Now they've reported it took an "inducement" of 3 million unrestricted stock options to get him on board. It just has the appearance things are worse than they are letting on - and the new guy is going to have to deal with all the baggage..
Think it's great news. They should have kicked her upstairs a year ago as she is more of a salesperson than an executing CEO. Think it was more surprising that she lasted this long than anything else. The new CEO now has no baggage when speaking with hospitals. Am looking forward to hearing their 2013 guidance for probable 10-20% EBITDA growth for recurring business.
Firm co-founder and current President and Chief Executive Officer Mary Tolan has been elected Chairman of the Board of Directors. Co-founder and current Chairman of the Board J. Michael Cline will continue to serve as a director of the company.