The Lakeway Regional Medical Center board of managers announced April 30 a multiyear administrative services agreement with QHR Intensive Resources for management support services. QHR will furnish an on-site CEO and chief financial officer management team, and the hospital's board of managers will retain full control over governance responsibilities, according to a news release.

"Having engaged [QHR] last year for consulting support, we got to know them, valued their expertise and decided [QHR] would be a good fit to help the hospital grow," said Frank Sossi, legal counsel and acting interim chairman of the hospital's board

of managers.

Joyce Hein, interim CEO of LRMC, will continue to serve while a national search for a permanent CEO is conducted. Tom Marshall has been named the permanent CFO by QHR for the hospital and has 25 years' experience in financial executive positions within the health care industry.