$30 Million Accounting Oversight at St. Francis Leads to Layoffs
Friday, November 21st, 2014
St. Francis Hospital is eliminating 80 jobs effective immediately as it wrestles with a $30 million accounting inaccuracy it discovered last month, President and CEO Robert Granger said on Thursday.
Former Chief Financial Officer Matt Moore, who had been with the hospital for nine years, was suspended on Oct. 27 and “permanently relieved of his duties” Nov. 14, Granger said.
