Minneapolis-based Allina Health CFO Duncan Gallagher will leave his position at the end of this year as the system lays off another round of employees, although the move may not be related to the cuts, according to a recent report in Minneapolis/St. Paul Business Journal.
Allina Health did not disclose how many or what kinds of positions will be affected by the layoffs, but the decision came as part of the system's effort to trim $100 million in expenses, according to the report. In May, Allina revealed its plan to cut expenses after its first-quarter operating profit dropped to $449,000 from $22.3 million in the same period in 2013.
The health system's workforce has already laid off 1,600 employees since May, according to data Allina supplied to Business Journal researchers, representing less than 1 percent of Allina's total workforce. However, Allina recently disputed those figures, saying it had previously submitted inaccurate employee counts, according to the report. David Kanihan, a spokesman for the health system, said the net workforce reduction since May was about 119.