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St. Anthony Regional Hospital Appoints New CFO, CEO Announces Retirement

Analysis  |  By Amanda Schiavo  
   June 08, 2022

Eric Salmonson has stepped into the role of chief financial officer, as Allen Anderson prepares to become CEO.

Eric Salmonson is now officially the chief financial officer for St. Anthony Regional Hospital, an Iowa-based healthcare organization with over $186 million in net patient revenue.

Salmonson has been with St. Anthony Regional Hospital since June 2021, when he served as assistant controller, he became interim CFO in March of this year before taking on the role permanently in May.

"I am excited to take on my new role as Vice President and CFO of St. Anthony Regional Hospital," Salmonson said in a release announcing his appointment. "I truly care about Carroll and the surrounding communities that St. Anthony serves. It’s a privilege providing quality care alongside all of the staff at St. Anthony."

Salmonson’s appointment comes as CEO Ed Smith prepares to retire following 34-years with St. Anthony Regional Hospital.

"With Eric’s analytical skills and attention to detail, he will excel in his new role as Vice President and CFO," Smith said in the release. "As my career is concluding, I am confident in the leadership team of St. Anthony, and Eric will be a great asset to the organization."

Under Smith’s leadership, St. Anthony Regional Hospital says it saw significant growth in community healthcare services, employees, physicians, and financial stability. Staff at the hospital has grown to 750 full and part-time employees which has doubled since 1988 when Smith became CFO. He has served as CEO for the last 10 years.

"It’s been a rewarding 34-year career at St. Anthony working alongside a great staff providing quality healthcare to our patients," Smith said in a release. "I am looking forward to spending time with my wife, Vicki, our children, and three grandchildren."

Smith’s retirement was announced earlier this year, he will be succeeded by Allen Anderson, former CEO of Avera Tyler Hospital in Tyler, Minnesota. Anderson will step into the role of CEO on July 1, 2022.

"I am honored to accept the position as the President and CEO of St. Anthony Regional Hospital and am looking forward to working closely with employees, providers, and leaders to continue upholding the mission of providing quality care for our patients and communities,” Anderson said. "St. Anthony Regional Hospital is a healthcare leader, and it’s an honor to join such an outstanding organization."

Amanda Schiavo is the Finance Editor for HealthLeaders.

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