Professional Summary
Professional Overview
Michele Frankel is an accomplished finance executive with over 15 years of experience in the healthcare industry. As the Regional CFO at Northwell Health, she oversees the financial operations and strategic planning for multiple healthcare facilities within the organization. Frankel is known for her expertise in financial management, budgeting, and implementing cost-saving initiatives that drive organizational efficiency and profitability.
Experience Summary
Current Role
Frankel currently serves as the Regional CFO at Northwell Health, a leading healthcare provider in the New York metropolitan area. In this role, she is responsible for managing the financial operations of several Northwell Health facilities, including budget planning, financial reporting, and strategic decision-making. Under her leadership, Frankel has implemented cost-saving initiatives that have resulted in a 12% reduction in operating expenses across the region.
Career Progression
Prior to her current role, Frankel held several finance-related positions within the Northwell Health system. She served as the Associate Executive Director and Assistant Executive Director of Finance, where she played a key role in improving financial processes and enhancing the organization's overall financial performance. Additionally, Frankel served as the CFO for Northwell Health Huntington Hospital, overseeing the financial operations of this 521-bed facility.
Before joining Northwell Health, Frankel was a Financial Project Manager at North Shore Health System, where she successfully led the implementation of a new enterprise resource planning (ERP) system, streamlining financial reporting and improving operational efficiency.
Academic Background
Frankel holds a Master's degree in Business Administration from the Stern School of Business at New York University, where she specialized in Finance and Accounting. She also earned a Bachelor of Science degree in Accounting from the University of Pennsylvania.
Areas of Expertise
- Financial management and reporting
- Budgeting and cost control
- Strategic planning and decision-making
- Healthcare industry knowledge
- Project management and process improvement
- Leadership and team building
Professional Impact
Frankel's contributions to Northwell Health have been instrumental in driving the organization's financial performance. She has played a critical role in implementing cost-saving initiatives that have resulted in significant operational efficiencies and improved profitability. Frankel's strategic leadership and expertise in financial management have earned her a reputation as a trusted advisor within the Northwell Health system.
Conclusion
With her extensive experience in the healthcare finance sector and a proven track record of driving organizational success, Frankel is well-positioned to continue making a significant impact on the Northwell Health system. Her commitment to financial excellence and her ability to navigate the complexities of the healthcare industry make her a valuable asset to the organization.
