Michael Loftus Email and Phone Number
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Throughout a career defined by performance excellence as a CFO and Senior Vice President of Finance, I have contributed exceptional value to complex healthcare systems, including Jupiter Medical Center, Yale-New Haven Hospital/Health System, Smilow Cancer Hospital, and Northeast Medical Group. I’ve earned a reputation for architecting change and optimizing operations—and consistently delivering outstanding results system-wide. AREAS OF EXCELLENCE• Record of transforming organizational performance and cultivating/sustaining productive relationships• Talent for blending executive leadership with strong operational and financial management background • Background of advocating for transparency • Stellar history of leading teams, producing remarkable outcomes, and propelling growth• Demonstrated skill dealing with complexity and in chaos—promoting a culture that fosters top performance• Keen turnaround know-how and strong M&A and due diligence expertise• And, importantly, a sense of humorHIGHLIGHTSIn my capacity as CFO and SVP for Jupiter Medical Center, I lead best practice transformation that supports significant upleveling of all financial operations across the $600M state-of-the-art medical center. • Working closely with the Board of Trustees and fellow C-suite team, we are on an aggressive growth trajectory for JMC.• I’ve successfully spearheaded such successes as launching initiatives across all areas of fiscal and operational practices as well as transforming JMC with strategic organizational changes and implementation of a plan that has recovered $9M in Fiscal Year 1, $21M in FY 2, and projecting $24M in FY 3.As SVP of Operations, Neuroscience, Orthopedics & Surgical Services at Yale-New Haven Hospital, I led numerous business-optimization initiatives, bringing outstanding value across the organization for more than 2 decades. • I managed operations and finance as well as direct physician recruiting and financial relationships with Yale School of Medicine; oversaw $2.6B operating budget; 6+ direct, executive reports; and 200+ indirect reports. • I played a pivotal role in the launch and build-out of Yale’s Smilow Cancer Hospital, working as a select member of the executive management team and establishing a high-performing $550M operation.Bottom-line—and my focus is always on BOTH top-line and bottom-line results—I am a dedicated strategic partner to the CEO/President and to the Board and thrive in upleveling performance, driving exceptional results, and leading growth trajectory initiatives.Let’s connect on LinkedIn!
Emory Hospital Warner Robins, Emory Hospital Perry
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Emory Hospital Warner Robins, Emory Hospital Perry
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Chief Financial Officer / Senior Vice PresidentJupiter Medical Center Apr 2023 - PresentJupiter, Fl, UsAs CFO and SVP of Jupiter Medical Center, I was recruited to oversee all financial operations, treasury, debt structure, revenue cycle, supply chain, decision support, and IT financial applications. JMC has experienced exponential growth across physician practice, micro hospital development, and campus programs (expected to exceed $700M in 2026). JMC is a not-for-profit medical center renowned for exceptional patient care and independent service to the community. JMC employs ~2,500 (including 100 physicians/APRNs; 700 medical staff). My team comprises 13 directors and 400 indirect reports. Achievements in year one as CFO and SVP include the following performance highlights:• Tapping due diligence/SWOT, I identified opportunities to instill best practices. This resulted in driving a complete reorganization that transformed operations. 62% of directors and above were transitioned in the 1st 18 months. Top talent was preserved in retaining high-value leaders (I augmented the core team by recruiting new leadership).• I implemented an action plan that recovered $9M in the first fiscal year and now $21M in the 2nd FY. Budget for FY25–26 projects revenue improvements of $24M. 10% of top-line revenues—$40M—come from community support.• I was instrumental in co-leading the conversion to EPIC clinical/billing system, achieving full implementation on-time, on-budget.• Additional initiatives I launched entailed upgrading of fiscal and operational processes to enhance performance:- Recovering/resetting revenue cycle- Removing 14 nonperforming vendor relationships- Redesigning close process- Contracting with new audit partners- Establishing transparent reporting - Consolidating finance IT functions •A new surgical institute, opened in 2023, augments the regional medical center, urgent care, and primary care centers. Complex clinical care is provided through an interventional stroke program and leading programs in cancer/cardiac treatment along with obstetrics. -
Senior Vice President Operations, Neurosciences, Orthopedics & Surgical ServicesYale New Haven Hospital Jan 2021 - May 2023New Haven, Ct, UsYALE-NEW HAVEN HEALTH SYSTEM | Teaching hospital system: 2,000+ beds | Revenues $6B | 1995–PresentHospitals: Yale-New Haven, Bridgeport, Greenwich, Lawrence & Memorial, and Westerly; Northeast Medical GroupIn January of 2021, I was named SVP of Operations, Neuroscience, Orthopedics & Surgical Services with an organization comprising 2,000 employees that generates $1B in revenue. Primary initiatives and areas of focus include:• Management and programming of the Neuroscience Hospital Project (850M St. Raphael/2 towers).• Managerial oversight of all surgical services at YNHHS.• Innovative design and execution of system service lines for Yale Department of Surgery and Yale Department of Anesthesia; targeting expansion of influence throughout health system (including Bridgeport Hospital).• Development and operational leadership of new Executive Health program; creating infrastructure to support physicians transform from traditional concierge model to well-coordinated and profitable ambassador program.• Leading aggressive expansion of spinal surgical program (New Haven, Fairfield, L&M); projecting $10M per annum. -
Senior Vice President Of Operations (Feb 2020-Jan 2021) | Vp Of Operations (Aug 2018-Feb 2020)Yale New Haven Hospital Aug 2018 - Jan 2021New Haven, Ct, UsAdvancing to Vice President of Operations (2018–2020) and then Senior Vice President of Operations (2020–2021), my leadership scope spanned business strategy and driving/expanding delivery networks for Neurosurgery, Neurology, Orthopedics, and Musculoskeletal (MSC) services. With a team of 4–5 direct reports and 450 indirect reports, I oversaw a $450M net revenue budget.Notable achievements:• Provided essential leadership throughout the initial phases of the COVID pandemic—from guiding appropriate Q2 shut down of services to phased-in Q3 recovery. Despite the COVID impact, a 20% growth in the service line over 2 years was attained.• Led and executed co-management of 18 orthopedic surgeons in Fairfield market representing >$4M in incremental revenue.• Launched consolidated service line project to restructure both operations team and clinical leadership and turn around fragmented service lines: Designed and executed process; planned implementation phase. Continued unification of clinical leaders while progressing to system-wide service line; onboarded new chair of orthopedics. • Drove neurosurgery intervention initiative in Greenwich/Bridgeport hospitals; projected to deliver $7M to $10M.• Orchestrated reorientation of Musculoskeletal clinical focus on care management, direct-to-employer contracting, and physiatrist medical management (noninvasive) in support of statewide managed care and value network. • Provided strategic planning of state-of-the-art neuromodulation/intensive care/hybrid operating rooms within St. Raphael Campus Neuroscience Tower (implementation to include design, team transition, donor involvement). -
Vice President, Finance & Physician DevelopmentYale New Haven Hospital Mar 2016 - Aug 2018New Haven, Ct, UsI was hand-selected to step into this new role (CFO-equivalent), which uniquely combined both finance and operations management to fully support the entire YNHHS as well as manage physician recruiting and financial relationship with Yale School of Medicine. In this capacity, I played a strategic role as part of YNHHS’s senior leadership team. Overall, I managed a $2.6B operating budget; my team comprised 6+ executive-level staff and 200+ indirect reports.Some of my key contributions included the following:• Championed best practices and efficiencies in billing/operations department-wide (pediatrics, radiology). • Introduced new rigor to budget/financial planning process and strengthened relationships interdepartmentally.• Spearheaded process for developing new programs to enhance operations between university and hospital teams. Increased transparency, improved productivity, assured compliance, and optimized operations.• Instituted accountability process to support programming, provide financial leadership for all service lines, and deliver deep-dive review of 58 business plans. Focus: improve service/net revenues while mitigating budget deficit. -
Chief Financial Officer, YnhhsYale New Haven Health System, Northeast Medical Group 2013 - Mar 2016New Haven, Ct, UsI essentially wore two key management hats during this timeframe—serving as Northeast Medical Group’s CFO and managing finance and physician relations for YNHHS. At the same time, I also continued oversight/consulting to Smilow (particularly with regard to complex M&As).Performance highlights entailed the following:• Catalyzed organization with 2 reorganizations over 36 months while ensuring retention of staff (47 total reports).• Corrected broken revenue cycle/database (identifying/recognizing $4.6M in collectible revenues), integrated entire finance staff, established transparent reporting, and consolidated 2 billing structures handling $240M in annual billing into one high-performing, scalable organization. Improved bottom line, beating budget by $6M in 2016. • Navigated successful acquisition/assimilation of PriMed, 89-physician practice/33 sites. Cultivated/closed complex M&A with 5-physician urology group, putting in place replicable system for executing acquisitions. -
Director, Financial OperationsYale New Haven Children'S Hospital 2012 - 2015I was promoted to develop for the Children’s Hospital an effective operations model patterned after what I had done at Smilow; I continued to contribute in an overlapping role as financial partner to Smilow’s Senior VP. Highlights:• Developed team/4 direct reports to plan and execute strategic plan; maintained oversight for all business plans.• Successfully negotiated potential divestiture as well as complex asset acquisition from Yale School of Medicine.
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Director, Finance OperationsSmilow Cancer Hospital At Yale-New Haven Hospital 2009 - 2014I was instrumental in managing all financial operations to bring the state-of-the-art inpatient/centralized outpatient Smilow Cancer Hospital from groundbreaking to admission of first patients in 2011. I simultaneously executed YNHHS’s first service-line focus. Additionally, I served as a key member of Smilow’s strategic management team, collaborating with the Physician in Chief, VP of Operations, and Nursing Director. In addition to the key accomplishment of developing my successor, I achieved the following:• Transitioned YNHHS’s oncology businesses to Smilow and fully integrated accounting, billing, front and back office processes, and reporting to create cohesive $550M operation. Oversaw direct staff of 4/indirect staff of >20.• Spearheaded complex M&A activities, identifying complementary practices to expand network statewide. Established rapport with number of group practice principals and successfully negotiated asset acquisition: - Added Medical Oncology & Hematology of CT (7 sites/20+ physicians); generating incremental $105M rev.- Assimilated 4-physician/2-site oncology group from Torrington representing incremental $18M rev.- Incorporated Oncology Associates of Bridgeport (5-physician/2-site practice) contributing $52M rev.- Launched multidisciplinary practice within finance to support acquisitions.• Developed executive dashboard capturing volume, quality, and financial reporting data.
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System Director, Financial Planning & AnalysisYale New Haven Health / 3 System Hospitals 2005 - 2012I played a pivotal role in driving performance enhancements in operations, budgeting, and financial planning across network that comprised 3 system hospitals as well as the health system corporation itself. Additionally, my contributions included the following:• Managed up to 50 direct/indirect reports during period of high growth (with expansion from mid-30 to >50 staff across multiple sites). Mentored top talent—many of whom are leaders in YNHHS finance organization presently.• Provided direction for more effective revenue cycle management, development/review of business plans that facilitated key operational/capital investment decisions, and supported multiple Certificate of Need filings.
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Select RolesYale New Haven Health 1995 - 2005Earlier Career Trajectory includes the following:• Director of Reimbursement (3 yrs.) … Managed optimal negotiations and timely, accurate receipt of $1B in annual net revenue and recognition of $90M in revenue enhancements over 5 years. Produced significant, permanent revenue advantage leveraging multi-hospital appeal process resulting in wage index reclassification.• Manager, Revenue Systems & Network Initiatives (2 yrs.) … Converted dysfunctional department into high-performing team and optimized net revenue/budgets/calculations. Managed intensive audit process of state funding, resulting in no findings and $6M reimbursement to YNHHS. | Additional Finance Roles (5 yrs.)
Michael Loftus Skills
Michael Loftus Education Details
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University Of ConnecticutMajor Health Systems Management -
.Six Sigma Training -
University Of New HavenStudies In Finance
Frequently Asked Questions about Michael Loftus
What company does Michael Loftus work for?
Michael Loftus works for Emory Hospital Warner Robins, Emory Hospital Perry
What is Michael Loftus's role at the current company?
Michael Loftus's current role is Innovative and Strategic CEO / CFO / COO — Operations & Finance Management Executive / Board of Directors Member | Transformation Catalyst | Healthcare • Complex Hospital Systems • Academia • M&A • Turnaround.
What is Michael Loftus's email address?
Michael Loftus's email address is mi****@****nhh.org
What is Michael Loftus's direct phone number?
Michael Loftus's direct phone number is +120320*****
What schools did Michael Loftus attend?
Michael Loftus attended University Of Connecticut, ., University Of New Haven.
What skills is Michael Loftus known for?
Michael Loftus has skills like Business Process Improvement, Healthcare Management, Hospitals, Healthcare, Leadership, Chief Financial Officer, Building Partnerships, Business Optimization, Operations Management, P&l, Talent Management, Coaching And Mentoring.
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