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Randy Oostra out as ProMedica president, will remain CEO

The news comes on the heels of the Toledo-based health system reporting a $126 million first quarter loss.

TOLEDO, Ohio — Randy Oostra is no longer president of ProMedica, the health system confirmed Wednesday to WTOL 11.

Oostra will remain as CEO. Chief Operating Officer Arturo Polizzi was promoted to president and will carry both titles.

The move comes shortly after ProMedica reported a $126 million first quarter loss. In 2021, ProMedica reported a loss of $136.3 million in operating income.

"Promotions occur regularly at ProMedica," spokeswoman Tausha Moore said in a statement. "Arturo Polizzi has been promoted from chief operating officer to president and chief operating officer at ProMedica. The title change reflects additional leadership responsibilities he has taken on within the organization. Mr. Polizzi will continue to report to Randy Oostra, who remains CEO of ProMedica. Together, they will lead ProMedica to help ensure that it is able to address the financial challenges that all health systems are facing.

"It is not unusual for organizations to have separate CEO and president roles. Randy Oostra is still the top executive at ProMedica."

Moore said a number of factors contributed to the financial losses, including staffing agencies raising rates during the COVID-19 pandemic and more patients needing longer, more intensive care.

Oostra has overseen many key endeavors, including moving ProMedica's headquarters to downtown Toledo in 2017. In 2018, ProMedica purchased HCR ManorCare.

This year, ProMedica announced it acquired naming rights to the renovated Glass City Center. The health system also became the presenting sponsor of the U.S. Women's Open golf tournament.

He serves on the board of trusted at Regional Growth Partnership, Toledo Museum of Art, ConnecToledo Downtown Development Corporation and the Toledo Symphony.  

Polizzi worked in a variety of leadership roles at ProMedica from 1998-2018, including chief interim human resources officer and president of ProMedica's metro region hospitals.

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