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"Mercy is making changes in the leadership of its finance and revenue management departments," the health system said Wednesday in a terse statement. "Departing Mercy are
Mercy officials did not explain what precipitated the management changes. It is unclear, for instance, whether Mercy has suffered recent cash flow problems or declining revenue.
According to Mercy's statement, executive vice president
Mercy's statement did not refer to the departing executives' many years of service or their contributions to the nonprofit health system.
Combs, for example, had worked for Mercy for more than 25 years. He was named CFO in 2009. He took on the duties of executive vice president, strategic growth last year. Before joining Mercy, he worked as a vice president, finance for
In fiscal year 2012, Combs' total compensation from Mercy was
Beekman, who said that she had worked for Mercy for 21 years, declined to comment. Combs and Chandler did not return phone calls.
Mercy is the nation's sixth largest Catholic health care system, with hospitals in
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