The Longest-Serving Health System CEO in the Philadelphia Region Steps Down: Redeemer Health Prepares for New Leadership

The Sisters of the Redeemer, a Roman Catholic order who founded Redeemer Hospital in the 1950s, have expressed their gratitude for Michael Laign’s dedication to their shared mission. Laign has been the CEO of the nonprofit Catholic health system since 1993, making him the longest-serving health system CEO in the Philadelphia region.

On July 15th, Greg Wozniak will be taking over as the new CEO of Redeemer Health, succeeding Laign who is retiring. Wozniak previously served as the CEO of St. Mary Medical Center in Langhorne from 1999 to 2015 before becoming a consultant and advisor. The Redeemer Ministries board believes that Wozniak has the necessary expertise, vision, talent, and passion to lead their mission-driven organization.

Under Laign’s leadership, Redeemer Health faced significant challenges due to consolidation happening in the healthcare industry. Despite his efforts to merge Redeemer with Abington Health in 2012, which ultimately led Abington to be acquired by Jefferson University and Pennsylvania Health System leading the way. This decision ultimately led Abington to be acquired by Jefferson University which has since continued to expand its network. Financially, Redeemer Health has struggled in recent years, reporting operating losses every fiscal year since 2017 with Fitch Ratings recently downgrading it from BB+ to BB- citing consistent operating losses that have depleted its financial reserves. With these challenges in mind