Allina Health's chief financial officer is departing the system, and other leaders are taking on new challenges.
Jerry Yang has been named the new chief financial officer of Aspirus Health in Wisconsin.
Yang is succeeding Sid Sczygelski, who is retiring after a 39-year career with Aspirus.
Yang has held financial positions for more than a decade. He previously served as the market chief financial officer at Beaumont Health. He also worked at MultiCare Health System as the chief financial officer of operations, regional chief financial officer, and business development officer.
He will lead strategic financial long-range planning and investment strategies. He will also oversee all aspects of the system’s finance functions, including supply chain management, revenue cycle management, fiscal services, and the Aspirus Health Plan.
"We are excited to welcome Jerry to Aspirus and are confident that his extensive experience will contribute greatly to our continued success,” Matt Heywood, Aspirus president & CEO, said in a statement. “We extend our deepest appreciation to Sid for his outstanding leadership and commitment over the past 39 years.”
In a post on LinkedIn, Yang expressed his enthusiasm for the post.
“I am so honored and privileged to be given the opportunity to replace such a significant leader in healthcare,” Yang said in a statement. “I look forward to working with the thousands of clinicians, staff, and other leaders in delivering the highest value care to the many communities in the Midwest.”
Allina Health chief financial officer announces departure
Ric Magnuson, chief financial officer of Allina Health, says he has decided to leave the organization in April.
He has been serving as Allina’s chief financial officer since 2016. He also spent more than a decade in other roles throughout the organization before the formation of Allina.
Lisa Shannon, Allina Health president and CEO, praised Magnuson’s contributions to the Minnesota-based system.
“It is impossible to capture 25 years’ worth of cumulative contributions that define Ric’s tremendous career at Allina Health,” Shannon said in a statement. “Ric has chartered a financial course for Allina Health that has allowed us to lead in areas like strategic investments to broaden our impact and diversify our revenue, impact investing to live our values and benefit our local communities and payer relationship transformation to support our Population Health strategy.”
Magnuson said he’s “ready to write the next chapter in my life.”
“I am very confident in Allina’s strategic direction and improving performance, which makes it a good time to move forward with this planned transition,” Magnuson said in a statement. “I’m immensely honored and proud to have worked with all the teams devoted to Allina Health’s mission of providing exceptional care, especially during these past few years where nonprofit health systems have been resilient beyond measure.”
NorthBay Health appoints first chief experience officer
Paul McGinty has been named the first chief experience officer of NorthBay Health in California.
McGinty already serves as president of the NorthBay Healthcare Foundation, and he now takes on an expanded role with the system.
“I’m honored and humbled by this amazing opportunity,” McGinty said in a statement. “This will open doors to fresh ideas and exciting ways to put our patients at the center of all we do, while engaging our workforce, our physicians and our community.”
Mark Behl, president and CEO of NorthBay Health, said the role will help the system create better experiences for patients.
“Ensuring our patients have access to high quality, convenient and affordable care is a top priority at NorthBay Health, and we are excited to see where Paul will lead us in this new role,” Behl said in a statement.
McGinty said he’s driven to help other patients after his wife suffered a serious health scare several years ago.
“I’m passionate about ensuring a smooth, positive consumer and clinical care experience, where quality care and easy health access for patients is the norm,” he said. “This is personal for me. I’m honored to be in a role to make that happen.”
Massachusetts health system names chief physician officer
Dennis LaRock has been named the new chief physician officer of Southcoast Health in Massachusetts.
LaRock succeeds Rayford Kruger, who held the post beginning in 2021 up until his retirement earlier this month. LaRock begins his new role March 1.
He brings more than 25 years of experience to the post. He most recently served as the physician-in-chief of surgical services at Southcoast Health. He was appointed to the post in 2022. He also serves as co-chief of urology and chief of robotic surgery, and he will continue to hold those responsibilities.
David McCready, president and CEO of Southcoast Health said in a statement that LaRock “has demonstrated a strong commitment to clinical excellence and advancement.”
“I am confident Dr. LaRock will continue to strengthen and develop our clinical services, ensuring Southcoast Health continues to deliver exceptional care to our community at the same level as larger hospitals nearby in Boston or Providence,” McCready said in a statement.
LaRock brings more than 25 years of experience to the post. He most recently served as the physician-in-chief of surgical services at Southcoast Health. He was appointed to the post in 2022. He also serves as co-chief of urology and chief of robotic surgery, and he will continue to hold those responsibilities.
“I am delighted to accept the executive vice president and chief physician officer position at Southcoast Health and continue working to advance the care and services we provide to our patients and community,” LaRock said in a statement.