Professional Overview
Meaghan Schachtel is an accomplished finance executive with extensive expertise in the healthcare industry. As the Senior Vice President and Deputy Chief Financial Officer at Northwell Health, she plays a critical role in overseeing the financial operations and strategic decision-making for one of the largest healthcare providers in the Northeastern United States.
Experience Summary
Current Role
In her current position at Northwell Health, Meaghan is responsible for managing the organization's financial planning, reporting, and analysis. She oversees a team of finance professionals and collaborates closely with senior leadership to ensure financial sustainability and drive organizational growth. Under her guidance, Northwell Health has achieved significant cost savings and improved financial performance, positioning the organization for continued success in the evolving healthcare landscape.
Career Progression
Prior to joining Northwell Health, Meaghan held the role of Partner at Ernst & Young LLP, where she specialized in providing financial advisory services to clients in the healthcare sector. During her tenure at Ernst & Young, she developed a deep understanding of the industry's regulatory environment, reimbursement models, and operational challenges, which she now leverages in her current role.
Academic Background
Meaghan holds a Bachelor of Science in Accounting from the University of Notre Dame, where she graduated cum laude. She is a Certified Public Accountant (CPA) and has completed advanced coursework in healthcare finance and strategy.
Areas of Expertise
- Financial planning and analysis
- Healthcare industry regulations and reimbursement models
- Operational efficiency and cost optimization
- Strategic decision-making and organizational transformation
- Team leadership and people management
Professional Impact
At Northwell Health, Meaghan has played a pivotal role in implementing innovative financial strategies that have resulted in significant cost savings and improved profitability. She has led the implementation of advanced data analytics tools and techniques to enhance financial reporting and support data-driven decision-making across the organization. Additionally, Meaghan has been instrumental in driving the integration of newly acquired healthcare facilities, ensuring a seamless transition and maintaining financial stability throughout the process.
Conclusion
With her impressive track record of success in the healthcare finance sector, Meaghan Schachtel is a seasoned and respected leader who continues to make a significant impact on the financial well-being and strategic direction of Northwell Health. Her deep industry expertise, financial acumen, and strategic vision make her a valuable asset to the organization as it navigates the ever-evolving healthcare landscape.