Daphne Semet

Vice Chairman of Administration and Finance, Mount Sinai Health System

Professional Overview
Daphne Semet is an experienced finance and administration executive with over 30 years of leadership in the healthcare industry. As the Vice Chairman of Administration and Finance at Mount Sinai Health System, she oversees the organization's financial operations, strategic planning, and administrative functions, driving operational excellence and ensuring the organization's long-term sustainability.

Experience Summary

Current Role
As the Vice Chairman of Administration and Finance at Mount Sinai Health System, Daphne has been instrumental in guiding the organization's financial strategy and day-to-day operations since 1988. In this role, she is responsible for overseeing the health system's $6 billion annual budget, managing its investment portfolio, and implementing effective cost-containment measures. Under Daphne's leadership, Mount Sinai has consistently maintained a strong financial position, enabling the organization to invest in cutting-edge technologies, expand its facilities, and enhance patient care services.

Career Progression
Daphne's career in healthcare finance and administration spans over three decades. Prior to her current role, she held various leadership positions within the Mount Sinai Health System, including serving as the Chief Financial Officer and Vice President of Finance. Daphne's proven track record of successful financial management, strategic planning, and operational optimization has contributed to the organization's growth and recognition as a leading healthcare provider in the New York metropolitan area.

Academic Background
Daphne holds a Master's degree in Business Administration from Columbia University, where she specialized in finance and healthcare management. She also earned a Bachelor's degree in Accounting from Baruch College, graduating with honors.

Areas of Expertise
Daphne's areas of expertise include healthcare finance, strategic planning, risk management, and organizational transformation. She is adept at developing and implementing financial strategies that align with the organization's mission and long-term objectives. Daphne is also recognized for her strong leadership skills, her ability to foster collaborative work environments, and her commitment to continuous improvement.

Professional Impact
Under Daphne's leadership, Mount Sinai Health System has consistently maintained a strong financial position, enabling the organization to invest in cutting-edge technologies, expand its facilities, and enhance patient care services. She has overseen the successful implementation of numerous cost-saving initiatives, including the integration of advanced financial management systems and the optimization of supply chain operations. Daphne's contributions have been instrumental in ensuring the health system's financial stability and enabling it to fulfill its mission of providing exceptional healthcare to the communities it serves.

Conclusion
Daphne Semet is a seasoned finance and administration executive with a proven track record of success in the healthcare industry. As the Vice Chairman of Administration and Finance at Mount Sinai Health System, she has demonstrated her ability to drive financial and operational excellence, while also positioning the organization for long-term growth and sustainability. Daphne's deep industry knowledge, strategic vision, and strong leadership skills make her a valuable asset to the Mount Sinai Health System and the broader healthcare community.