MA

Marty Appelhof

Marty Appelhof, CPA


Chief Financial Officer



Professional Overview
Marty Appelhof is a seasoned financial executive with over 15 years of experience in accounting, auditing, and financial management. As the Chief Financial Officer of Sioux Falls Specialty Hospital, he is responsible for overseeing all financial operations, strategy, and compliance for the organization.

Experience Summary

Current Role
As the Chief Financial Officer of Sioux Falls Specialty Hospital since 2011, Marty is instrumental in driving the organization's financial performance and growth. He leads a team of finance professionals in managing budgeting, forecasting, reporting, and risk management, ensuring the hospital maintains financial stability and profitability. Under his leadership, Sioux Falls Specialty Hospital has achieved consistent year-over-year improvements in key financial metrics, including a 20% increase in operating margins over the past 5 years.

Career Progression
Prior to his current role, Marty gained valuable experience as an Audit Manager at KPMG LLP, where he conducted audits and provided advisory services to clients in the healthcare industry. Earlier in his career, he served as an Auditor at the Department of Legislative Audit, where he developed a strong foundation in financial reporting and compliance.

Academic Background
Marty holds a Bachelor of Science in Accounting from the University of South Dakota and is a Certified Public Accountant (CPA). He is committed to ongoing professional development and has completed executive leadership programs at Harvard Business School and the American College of Healthcare Executives.

Areas of Expertise
  • Financial planning and analysis

  • Budgeting and forecasting

  • Financial reporting and compliance

  • Risk management and internal controls

  • Healthcare industry knowledge

  • Strategic decision-making

  • Team leadership and collaboration


Professional Impact
Under Marty's financial stewardship, Sioux Falls Specialty Hospital has achieved significant milestones, including the successful implementation of a new enterprise resource planning (ERP) system, which has improved operational efficiency and data-driven decision-making. He has also spearheaded the hospital's expansion into new service lines, securing over $10 million in capital investments to drive growth and diversification.

Marty is an active contributor to the local healthcare community, serving on the board of the South Dakota Healthcare Financial Management Association and regularly speaking at industry events. He is known for his strategic vision, financial acumen, and collaborative leadership style, which have earned him the respect of his peers and colleagues.

Conclusion
With his deep expertise in healthcare finance and proven track record of driving organizational performance, Marty Appelhof is a highly valued asset to Sioux Falls Specialty Hospital. In his role as Chief Financial Officer, he continues to play a pivotal role in shaping the financial strategy and long-term sustainability of the organization.