New York hospital lays off CFO

The 115-bed healthcare facility has laid off or furloughed more than 100 employees this year. The healthcare facility laid off 3 high-level supervisors in March and laid off 34 other employees in July. In April, the hospital furloughed nearly 70 employees, according to the Watertown Daily Times..

Claxton-Hepburn Medical Center in Ogdensburg, N.Y., has laid off its CFO as part of a restructuring that began earlier this year, according to TV station WWNY..

Kelly Tiernan, who served as the hospitals CFO considering that 2011, has actually been laid off and replaced by an interim CFO, Claxton-Hepburn President and CEO Richard Duvall informed the Watertown Daily Times. Relating to the change, he said the goal is to “discover effectiveness,” and the brand-new interim CFO will explore integrating the healthcare facilitys accounting department with among its affiliates..

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The health center, which has approximately 800 employees, stated the cuts were needed after suspending elective treatments due to the COVID-19 pandemic..

” While we have worked difficult to limit the scope of this reduction, even one job lost is too many, and we regret this action has actually become essential,” Mr. Duvall said of the layoffs in July, according to the Watertown Daily Times. “Claxton is among the largest employers in the location, and we will remain a driving force. Our focus will continue to be on serving the healthcare needs of the north nation as we rise to fulfill the fiscal obstacles provided to us.”.

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