Jeffrey Kostalos
Hospital Finance and Reimbursement Professional
Professional Overview
Jeffrey Kostalos is an experienced Hospital Finance and Reimbursement professional with over 30 years of industry expertise. He specializes in financial management, reimbursement strategy, and regulatory compliance within the healthcare sector.
Experience Summary
Current Role
Since 1991, Mr. Kostalos has served as a Hospital Finance and Reimbursement expert at SUNY Downstate Medical Center. In this role, he is responsible for overseeing the medical center's financial operations, including revenue cycle management, cost analysis, and reimbursement optimization. He has played a crucial part in ensuring the organization's financial sustainability and compliance with evolving industry regulations.
Career Progression
Prior to his current position, Mr. Kostalos worked as a Medicare Auditor at Empire Blue Cross Blue Shield from 1986 to 1991. In this role, he gained extensive knowledge of healthcare payment systems, regulatory frameworks, and financial auditing processes, which have proven invaluable in his subsequent responsibilities.
Academic Background
Mr. Kostalos holds a Bachelor's degree in Accounting from Rutgers University, where he graduated with distinction. He has also completed specialized training in healthcare finance and reimbursement, ensuring his expertise remains current and aligned with industry best practices.
Areas of Expertise
- Hospital finance and accounting
- Reimbursement strategy and optimization
- Revenue cycle management
- Cost analysis and financial reporting
- Regulatory compliance and auditing
- Healthcare industry trends and market dynamics
Professional Impact
Throughout his career, Mr. Kostalos has made significant contributions to the financial stability and operational efficiency of SUNY Downstate Medical Center. He has implemented data-driven strategies to enhance revenue capture, reduce costs, and improve the organization's overall financial performance. His expertise has been instrumental in navigating the complex reimbursement landscape and ensuring the medical center's compliance with regulatory requirements.
Conclusion
With his extensive experience, strong technical skills, and deep understanding of the healthcare industry, Jeffrey Kostalos is a valuable asset to SUNY Downstate Medical Center. He is committed to driving financial excellence and supporting the organization's mission to provide high-quality patient care.
