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St. Peter’s Health Partners to cut 76 finance jobs

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St. Peter’s Health Partners to cut 76 finance jobs

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ALBANY — St. Peter’s Health Partners is eliminating 76 jobs in its finance unit as a restructuring plan begun 22 months ago nears completion.

The Albany-based medical system, with 12,000 employees in more than 170 locations, has been part of national Catholic health system Trinity Health since 2013. The SPHP jobs are being eliminated so that their function can be centralized at Trinity.

SPHP said Friday in a prepared statement that the employees of its Revenue Excellence department were told of the impending changes in October 2018. It said many of the 76 employees losing their jobs will have the opportunity to transition into roles with Michigan-based Trinity, and will be able work remotely from the Capital Region if they like.

SPHP said all will be eligible for outplacement services and benefits including a paid notice period, severance pay and health benefits during the severance period.

SPHP provided notice to the state Department of Labor on Monday and said the last day of work for the affected employees would be Nov 9.

Sixty-one of the 76 employees work on the Albany Memorial Hospital campus in Albany, 11 work in a Colonie office and four work on the St. Mary’s Hospital campus in Troy.

Their titles include data analyst, collection representative and accounts receivable representative.



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