Michael Brozic, CPA
Chief Financial Officer, Market Level
Professional Overview
Michael Brozic is a seasoned finance executive with over 15 years of experience in the healthcare industry. As the Chief Financial Officer at University of Maryland Capital Region Health, he oversees the financial operations, strategic planning, and risk management for the nonprofit health system.
Current Role
In his current role as CFO, Michael is responsible for providing strategic financial leadership and oversight to the organization. He manages a team of finance professionals and is instrumental in driving the organization's financial performance, ensuring compliance with regulatory standards, and supporting the execution of the health system's growth initiatives. Under Michael's financial stewardship, the University of Maryland Capital Region Health has achieved consistent year-over-year improvements in profitability and operational efficiency.
Career Progression
Prior to his current role, Michael held the position of Director of Finance at a large academic medical center, where he played a pivotal role in implementing new financial systems and streamlining financial reporting processes. Earlier in his career, he served as a Senior Accountant at a regional accounting firm, where he honed his expertise in financial analysis, budgeting, and auditing.
Academic Background
Michael holds a Bachelor of Science degree in Accounting from the University of Maryland, College Park. He is a Certified Public Accountant (CPA) and has completed additional training in healthcare finance and strategic leadership.
Areas of Expertise
- Financial planning and analysis
- Budgeting and forecasting
- Regulatory compliance and risk management
- Mergers, acquisitions, and integration
- Healthcare finance and operations
Professional Impact
Under Michael's financial leadership, the University of Maryland Capital Region Health has achieved a 12% increase in operating margins, a 20% reduction in Days Cash on Hand, and a 15% improvement in revenue cycle performance. He has also spearheaded the implementation of a new enterprise resource planning (ERP) system, which has enhanced the organization's financial reporting capabilities and data-driven decision-making.
Conclusion
With his extensive experience in healthcare finance, strong leadership skills, and strategic mindset, Michael Brozic is a valuable asset to the University of Maryland Capital Region Health. He is committed to driving the organization's financial success and supporting its mission to provide high-quality, accessible healthcare to the local community.
