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Buzz: One man’s refusal to go the easy route



Published: Sun, October 25, 2009 @ 12:00 a.m.

By Todd Franko (Contact)


By Todd Franko

One year later, Buzz Pishkur still has his hands on the ball that is Forum Health.

A resignation means he’s not the guy bringing it down court, but he still knows best how the bounces will ultimately impact the Valley.

A Forum without Northside Medical Center is a win for its creditors waiting for some of their money to be paid back. They see the best Forum as one with Northside either sold or closed.

The Valley without Northside is a loss for us all.

Buzz fought against that future.

Pishkur took over Forum Health last October — a remarkable hiring from the standpoint of Buzz and the Forum board of directors.

He was thriving in his career as CEO of a successful utility company — a business course he charted. He had no medical background except for his role as a Forum board member, where he saw experts come in and mismanage what he viewed as a local treasure.

Pishkur wanted to be Forum’s CEO only if the recruiting firm charged with the search believed he was the best candidate for the board to hire.

He got the firm’s nod, and he stepped up.

Our A1 story on Buzz’s hiring last year had him out in front of the hospital flipping a basketball in his hands, bridging another of his passions — sports and, more specifically, basketball officiating.

Becoming a sports official takes a special leap. The striped black-and- white shirts are essentially cross-haired targets.

A ref’s paramount concern is respect for the players in the competition.

But it’s a secondary concern after something more altruistic: respect for the game — a tradition forged by players who came before and a future still to be shaped by those yet to come.

It plays out in life, too. Buzz was extremely mindful of the legacy of the Forum properties over the past century and what to hand to the next generation.

But before Buzz could mark a first anniversary, his clock ran out.

The creditors leveraged him out by baiting him with closure of the place that would be his biggest win — Northside.

Buzz did not attend the announcement of his resignation three weeks ago. News of his departure was delivered by a public-relations official. That was very unBuzz-like.

This week, Buzz emerged and showed the grace and poise that made him the right guy to give the ball to one year ago — and why he’s still the right guy to finish what he started.

Others saw that, too.

In his short time, he was able to gain cost-saving concessions from all nine unions in the organization that are projected to save $39.1 million over three years.

The employee pension plan was moved to the federal Pension Benefit Guaranty Corp., which when accepted, will save an additional $64 million over the same three years.

The company’s debt was reduced from $179 million to $139 million, and there is $55 million in a debt-reserve fund.

And Buzz was able to lay out a plan that would return the health system to Boardman — patching an abandonment created by “health-care professionals.”

It was a hard path and one that seemed to be getting more personal despite the achievements.

The registered-nurses union at Forum’s Trumbull Memorial Hospital issued a no-confidence measure against Buzz in the spring.

And in the summer, the creditors announced they had lost confidence in his leadership and wanted to install a person with health-care experience (see Boardman note above).

But those charges are merely a manipulation of each group’s reality.

The TMH community wants separation from Northside, and in its pursuits is suffering from memory loss. Barely a decade ago, TMH was the struggling facility needing a lifeline from the successful organization that included Northside.

And the creditors are not looking to run a medical group. They merely want to run to the bank with whatever money they can get for Forum. Their Thursday announcement of a Nov. 30 separation deadline enacts that wish.

So throwing Buzz under the bus was an easy get.

But there was Buzz on Thursday looking like a winner yet again.

He walked away from a $9,000-per-week deal with the creditors who wanted him to act as a Forum consultant. That’s boardroom speak for doing nothing and keeping quiet. That deal would have lasted well into next spring — and six figures of income.

I’ve met a lot of credible and ethical people in my life.

They are folks who, if Bill Gates dropped a nickel on the floor in front of them, would give it back to him because it was his. If they had the $9,000 deal, they could have justified taking it — explaining what they went through, and “that’s how the business works” and the intellectual property they left on the table, blah, blah, blah.

I can count on one finger the people I know who would not have taken the deal.

And before Thursday, I would not have been able to count one.


Comments

1aspin444(24 comments)posted 5 years, 1 month ago

Righteous and just Buzz's commitment to this Valley is unparalleled. A great leader at its best.

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2Stan(9923 comments)posted 5 years, 1 month ago

"Pishkur took over Forum Health last October — a remarkable hiring from the standpoint of Buzz and the Forum board of directors."

I love the pat Walter on the back article . What did he do beyond allowing Forum Health to go down the tubes ? He was overpaid and the job was far beyond his capabilities .

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3Rascal20(3 comments)posted 5 years, 1 month ago

Piskur took over the helm Forum was in disarray and he refocused the mission and developed a "plan", the plan and vision allowed for 3 hospitals all to be self sustaining and profitable providing access and choice to quality healthcare. That plan was submitted to the courts with the blessing of all parties as workable and profitable for 3 years, yet bankers want quick cash to get out of town why? Why not implement the plan that allows the creditors to be paid and the community to have access and choice to quality healthcare is the ultimate point to be made here!! Some people for their own self motivating financial interests do not want to see this happen for obvious reasons. They say, Forum needs somebody that has "healthcare experience" my recall is that outside "consultant experts" just about dismantled the Healthcare system and left it far worse. Ask yourself without access and choice who stands to gain and who would loose and who would pay the ultimate price? Our community would pay the highest price of all in declining quality and increase in price for care as well as lack of access all in the name of MBA, Fifth 3rd Bank, JP Morgan. Mr. Piskur stood in front of the financial bankers’ bus, he got run over for all the wrong reasons!! The Attorney Generals office should be investigating this undue influence being exerted on a non-profit Board of Directors put in place to protect the publics’ interest and where are the local politicians?? People wake up this is a man trying to help our community against the push of big banker’s interest. Some people still have integrity that is not for sale at any price!! Thank You "Buzz", having integrity and stepping up is almost extinct today and the article is very much on point and well done, Thank You Todd for seeing the trees threw the forest and getting it right!!

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4mrmaxd28(4 comments)posted 5 years, 1 month ago

Buzz, you are one of the very finest! Thank you for what you do and for what you represent in our community.

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5kjustice(8 comments)posted 5 years, 1 month ago

This article says it all. A remarkable man and a fine leader in the valley.

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6Cicero(36 comments)posted 5 years ago

Not to rain on the parade, but someone needs to ask why Pishkur took 3 weeks to come forward. It seems he only declined the $9K a week when it became obvious that the Court was not going to approve it. Only after the firestorm of the unions and unsecured creditors has the boy from Hubbard decided he wants no part of it. Not as class an act as it could have been.

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7Stan(9923 comments)posted 5 years ago

"This article says it all. A remarkable man and a fine leader in the valley."

Bernie Madoff was remarkable and Walter is only functional . Defining him as a fine leader would infer achievement . There seems to be a total lack of any sustained achievement .

With little ability and helpful friends Walter was able to make the big bucks on the backs of others.

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8SickofJimbo(140 comments)posted 5 years ago

I agree with you Todd, Buzz is a very honorable person.

Should he have sought and accepted the CEO appointment while on the board? No unethical!

Was he on the board while Beegley was sold? Yes. bad move.

He was overpaid and could not get the job done. Not worth $9,000/week

At the end of the day I think we all got BUZZED!

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