Broadlane undergoes executive shakeup

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Healthcare management provider Broadlane has announced that the company's board chair Patrick T. Ryan will assume the CEO position, while Thomas Sherry, chief operating officer, will become president.

David C. Ricker, current president and CEO of the Dallas-based company, has elected to step down from his full-time role, but will continue as a member of the board of directors. “As a founder of the company, I have achieved many of my goals over the past 10 years,” said Ricker.