Philip Alfasi

Director of Financial Planning

Professional Overview
Philip Alfasi is an experienced financial planning and analysis professional with a strong track record of driving strategic financial initiatives in the healthcare industry. As the Director of Financial Planning at New York-Presbyterian Hospital, he leverages his extensive expertise to oversee the hospital's financial planning and forecasting processes, ensuring alignment with organizational objectives and maximizing financial performance.

Experience Summary

Current Role
As the Director of Financial Planning at New York-Presbyterian Hospital, Philip is responsible for leading the development and implementation of comprehensive financial plans and strategies. He spearheads the hospital's budgeting and forecasting efforts, providing critical insights to senior leadership to support informed decision-making. Philip plays a pivotal role in identifying and mitigating financial risks, while also exploring opportunities for cost savings and revenue optimization.

Career Progression
Prior to his current role, Philip held progressive financial management positions at New York-Presbyterian Hospital, serving as the Manager of Financial Planning and Analysis from 2011 to 2018. In this capacity, he successfully implemented advanced forecasting models and streamlined financial reporting processes, leading to enhanced decision support for hospital operations. Earlier in his career, Philip held various financial roles at Catholic Health Services, where he honed his expertise in budget management, reimbursement analysis, and financial reporting.

Academic Background
Philip holds a Bachelor of Science in Accounting from Stony Brook University, where he graduated with honors. He is a certified public accountant (CPA) and a member of the Healthcare Financial Management Association (HFMA), actively contributing to industry best practices and staying at the forefront of evolving financial regulations and standards.

Areas of Expertise

• Healthcare financial planning and analysis

• Budgeting, forecasting, and financial modeling

• Financial reporting and performance management

• Revenue cycle management and reimbursement optimization

• Strategic financial decision support

• Financial risk assessment and mitigation

Professional Impact
During his tenure at New York-Presbyterian Hospital, Philip has played a pivotal role in enhancing the organization's financial planning and analysis capabilities. He spearheaded the implementation of a comprehensive financial planning system, which enabled more accurate forecasting, streamlined budgeting processes, and provided real-time visibility into the hospital's financial performance. Additionally, Philip's analytical insights have been instrumental in identifying cost-saving opportunities and optimizing revenue streams, contributing to the hospital's improved financial sustainability.

Conclusion
With his exceptional financial acumen, strategic mindset, and proven track record of driving impactful initiatives, Philip Alfasi is a valuable asset to New York-Presbyterian Hospital. As the Director of Financial Planning, he continues to shape the organization's financial strategies, contributing to its overall growth and success in the healthcare industry.