Colorado hospital terminates CFO days after ousting 2 execs, CEO

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Cortez, Colo.-based Southwest Health System ousted CFO Angela Kobel April 13, 10 days after terminating three members of its executive leadership team, the health system's board of directors announced April 16, according to The Journal.

Paul Deshayes, chairman of the Southwest Health System board of directors — one of the institution's two boards — said, "In the absence of a CEO, it became apparent that Ms. Kobel was no longer able to fulfill the responsibilities of the position," according to a news release obtained by The Journal.

Ms. Kobel's termination comes after the health system's CEO, chief nursing officer and chief ambulatory services officer were fired earlier this month. At the time, officials cited a "change in leadership direction" as the reason for the executives' departure.

However, Mr. Deshayes told KSJD Radio April 9 the executives, and Ms. Kobel, were fired as a result of the institution's ongoing financial issues.

Southwest Health System hired Community Hospital Consulting, the consulting arm of Plano, Texas-based Community Hospital Corp., to analyze the health system's fiscal issues. While CMC provided the health system's boards with recommendations to improve its financial position, Ms. Kobel's termination was not among those recommendations, according to The Journal.

CHC announced April 16 officials hired Anthony G. Sudduth as interim CEO for Southwest Health System, effective immediately.

To access The Journal report, click here.

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