Ray Scardapane

Director Financial Planning
New York, NY

Professional Overview

Ray Scardapane is an experienced financial planning executive with over 20 years of expertise in the healthcare industry. In his current role as Director of Financial Planning at New York Presbyterian Hospital, he is responsible for overseeing the organization's financial forecasting, budgeting, and resource allocation strategies to ensure long-term financial sustainability.

Experience Summary

Current Role

As Director of Financial Planning at New York Presbyterian Hospital since 2007, Ray is a key member of the finance leadership team, providing strategic guidance and operational oversight for the hospital's financial planning initiatives. He manages a team of financial analysts and collaborates cross-functionally with department heads to align budgets with organizational goals and objectives. Under Ray's leadership, the financial planning department has consistently delivered accurate forecasts and implemented cost-saving measures that have contributed to the hospital's strong financial performance.

Career Progression

Prior to his current role, Ray served as a Principal Consultant at Healthcare Consulting, where he advised hospital systems on financial optimization strategies and process improvements. Earlier in his career, he held the position of Director of Financial Planning at St. Vincent's Hospital and Medical Center in New York, where he played a pivotal role in enhancing the organization's financial reporting capabilities and implementing data-driven decision-making frameworks.

Academic Background

Ray holds a Bachelor's degree in Accounting from the University of Albany and a Master's degree in Finance from New York University. He is a Certified Public Accountant (CPA) and has completed additional professional development programs in healthcare finance and strategic leadership.

Areas of Expertise

• Financial forecasting and budgeting

• Resource allocation and cost optimization

• Financial reporting and analytical modeling

• Healthcare industry regulations and compliance

• Cross-functional collaboration and stakeholder management

• Strategic planning and organizational transformation

Professional Impact

Under Ray's leadership, New York Presbyterian Hospital has consistently achieved its financial targets and maintained a strong balance sheet, even during periods of economic uncertainty. He has spearheaded the implementation of advanced financial planning tools and data analytics capabilities, enabling the organization to make more informed, data-driven decisions. Ray is also actively involved in industry associations, where he shares his expertise and contributes to the development of best practices in healthcare financial management.

Conclusion

With his deep understanding of the healthcare industry, proven track record of financial leadership, and commitment to continuous improvement, Ray Scardapane is a valuable asset to New York Presbyterian Hospital. His strategic vision and collaborative approach have been instrumental in driving the organization's financial stability and positioning it for long-term growth and success.