TICONDEROGA — Inter-Lakes Health Chief Financial Officer Tristan Glanville has added his name to the list of those leaving the health-care provider.
Glanville announced Monday that he will resign his position to become chief financial officer at Adirondack Health, the parent company of Adirondack Medical Center in Saranac Lake.
He and Inter-Lakes Chief Executive Officer William “Chip” Holmes are both leaving April 4. Holmes’s departure was announced Feb. 24. Glanville joined Inter-Lakes in 2012, Holmes in 2011.
The resignations of Glanville and Holmes follow announcements of severe financial distress at Inter-Lakes Health. Holmes said Inter-Lakes lost more than $3 million last year.
To cut costs, the provider laid off 13 workers on Thursday, Feb. 13, reduced another 10 to part-time from full-time and eliminated 10 jobs that were vacant.
401k MATCH SUSPENDED
Also on Monday, Inter-Lakes announced a temporary suspension of its matching contributions to the 401(k) retirement plans of 80 non-unionized staff members, effective April 13. Inter-Lakes Interim Chief Executive Officer Charles Miceli said the staff will still be able to contribute to the plans themselves.
“I want to emphasize that this a temporary measure that we must put in place until the organization is in a more favorable financial position and can afford to resume those contributions,” he said.
Miceli praised Glanville for his efforts at Inter-Lakes Health.
“I want to thank Tristan for his leadership and service at Inter-Lakes,” he said in a news release. “He’s brought great experience to our ILH leadership team, and his contribution as consultant to our Expense Reduction Team is valued, and we wish him well in his new position.”
An agreement was recently signed by Inter-Lakes with Plattsburgh-based Community Providers Inc. to explore affiliation with that organization.
Community Providers is the parent company of CVPH Medical Center and Elizabethtown Community Hospital (ECH).
The financial officers at ECH and CVPH Medical Center are supporting the finance team at Inter-Lakes in the short term and are working on a transition plan for financial leadership, Miceli said in the release.
Community Providers is a member of Fletcher Allen Partners, based in Burlington, and Miceli said that through the new memorandum of understanding, administrators from Fletcher Allen Partners, Community Providers and Inter-Lakes are working together with Hudson Headwaters Health Network physicians “to identify a sustainable model of care for the greater Ticonderoga community.”
Hudson Headwaters operates the Ticonderoga Health Center and others in the area and has its own staff of physicians and physician’s assistants.
TASK FORCE FORMED
Miceli said that Monday’s “announcements are difficult ones to make. I want to assure the ILH family and our community that the leadership of (the affiliated agencies) are committed to ensuring this organization continues to provide essential health services to this community.
He said key leaders within Community Providers, Fletcher Allen Partners and Inter-Lakes Health have formed a task force “to bring a wide range of expertise and resources to bear on the problems we face and are working toward solutions that will assure a more focused, stable future for this organization.”
Inter-Lakes is the parent company of Moses-Ludington Hospital and Heritage Commons nursing home in Ticonderoga.
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