Oceanside, NY, July 11, 2015 --(PR.com
)-- For the third consecutive year, Becker's Hospital Review has named Mark Bogen, chief financial officer and senior vice president of finance at South Nassau Communities Hospital, to its list of “150 Hospital and Health System CFOs to Know” in the United States.
According to the Becker's Hospital Review editorial team, the hospital senior finance executives named to the list help lead renowned tertiary centers, academic medical centers, community hospitals and health systems in all financial matters while balancing quality patient care and innovative healthcare reform strategies. Resources used to develop the list include input from industry experts, research by Becker’s editorial team, and supporting nomination documents. Becker's Hospital Review is a Chicago-based publication focusing on hospital and healthcare news and business advice. The primary audience for the publication is hospital executives and healthcare industry leaders.
“As a result of Mark’s financial acumen, South Nassau remains uniquely positioned to manage the ongoing financial and economic uncertainty in the healthcare industry,” said Richard J. Murphy, president and CEO at South Nassau. “In addition, he is a fine leader who understands that the challenges we face today are opportunities for growth tomorrow.”
Under Bogen’s guidance, South Nassau‘s Fitch bond rating was recently upgraded from BBB+ to A-. In addition, without investment income the operating profit for 2014 was approximately $4.1 million, $3.0 million above budget and $2.0 million better than in 2013. Furthermore, the projected total operating gain for 2014 was $8.0 million, $1.8 million above the 2014 operating budget. Total operating revenue in 2014 (Dec. 31 fiscal year end) was $431.1 million.
Mr. Bogen has more than 35 years of experience in healthcare financial operations. Prior to joining South Nassau, he was a Director at a nationally recognized healthcare financial consulting firm, Besler Consulting, where he managed the startup of the company’s New York operations. In 1997, Mr. Bogen founded The Bogen Consulting Group, Inc., and merged it with Besler in 2004. Before venturing into the consulting business, Mr. Bogen served as chief financial officer at Preferred Health Network, Inc., a $400 million, four-hospital, 1,200-bed hospital network. Mr. Bogen’s background also includes 10 years of CPA firm experience, eight with Pannell Kerr Forster and two as an executive at Deloitte & Touche, performing audit, tax and consulting services.
A graduate of the State University of New York at Buffalo with a Bachelor of Science in Management, Mr. Bogen is active in numerous public accounting and healthcare financial management associations. His professional memberships include the New York State Society of Certified Public Accountants; the American Institute of Certified Public Accountants; the Healthcare Financial Management Association and the Healthcare Compliance Association.