Little Rock-based University of Arkansas for Medical Sciences Medical Center CFO Dan Riley tendered his resignation Jan. 26, according to an Arkansas Business report.
Here are six things to know:
1. Mr. Riley also serves as UAMS' associate vice chancellor for clinical finance.
2. He will continue to lead financial operations at UAMS Medical Center until June 30, the end of the current fiscal year.
3. A UAMS spokesperson told Arkansas Business Mr. Riley will "help with the transition as we begin the search for his successor."
4. Mr. Riley has worked at UAMS for 17 years.
5. UAMS is projected to experience a $72.3 million deficit in the current fiscal year, and a December 2017 Arkansas Business report stated the organization was focused on cutting costs.
6. Additionally, UAMS recently notified affected employees of its plan to cut an estimated 600 positions to meet its current fiscal year budget.
"Dan has served as CFO for 17 years and during that time he has shepherded our hospital and clinics through tremendous changes in healthcare financing," said Richard Turnage, MD, UAMS' senior vice chancellor for clinical programs and medical center CEO. "We are very grateful to Dan for his work on behalf of UAMS and the people we serve."
Editor's note: This article was updated at 1:34 p.m. on Jan. 30, 2018, to include a quote from Dr. Turnage.
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