Sonny Kaplan
Email: *********@********.***
Address: **** ***** ******
City: BOYNTON BEACH
State: FL
Zip: 33472
Country: USA
Phone: 561-***-****
Skill Level: Senior
Salary Range: $200,000
Primary Skills/Experience:
See Resume
Educational Background:
See Resume
Job History / Details:
SALMON (SONNY) KAPLAN
9777 Equus Circle * Boynton Beach, Florida 33472-4333
561-***-**** * *********@********.***
CHIEF EXECUTIVE: FINANCE & OPERATIONS
Senior healthcare executive with a more than 20-year track record in multi-million-dollar, multi-facility healthcare organizations, including CFO and operations leadership roles. Consultative leader with a history of superior executive collaboration. Proven ability to manage multiple tasks, departments, and independent operations simultaneously, with attention to critical details. Reputation for success in motivating staff and improving performance. Demonstrated excellence creating profitability in new and established programs.
Multi-Site Operations * Staff Management * Motivational Leadership * Regulatory Compliance
Budgeting & Forecasting * Financial Reports & Presentations * Executive Summaries * Cost Savings
Strategic Planning * Corporate Restructuring * Group Management * Capital Projects * Negotiation
Profitability * Asset Management * Billing & Reimbursement * Management Information Systems (MIS)
PROFESSIONAL EXPERIENCE
Career Note: 2011-Present, Founder & CEO of Duracrete Industries, Inc. Purchase, renovate, and resell properties in the Fort Lauderdale / West Palm Beach metropolitan area.
HEALTHCARE FINANCIAL CONSULTING, New York* 2010-2011
Principal Consultant
Leveraged long-standing industry relationships to develop new business and position clients for sustainable growth in compliance with state regulations.
* Developed applications for clients pursuing Health Care Efficiency and Affordability Law of New York State (HEAL) grants and prepared award draw down.
* Prepared comprehensive Certificate of Need Applications for new residential healthcare facilities (RHCFs) as well as planned growth for existing RHCFs.
NORTHERN SERVICES GROUP (NSG), Monsey, New York * 2000-2010
$90M group comprising 3 RHCFs, 2 adult day health care programs, an assisted living facility, an upscale independent and assisted living community, a licensed home care services agency, and a home care agency.
Chief Financial Officer (CFO)
Directed the full range of financial and statistical accounting for the group and its 6 member companies including reporting and relations to regulatory bodies, internal and external audits, billing for inpatient and outpatient services, and payroll for all 7 companies. Played a key role in long-term strategic planning, including planning for growth and devising corporate policies to manage group-wide operations. Managed capital and development project budgets. Developed monthly financial reports and reviewed them with the Corporate CFO, the Executive Director and the Board. Negotiated insurance policies, third-party contracts, and technology services. Managed 30 staff in finance, MIS, and purchasing.
* Consolidated disparate financial functions into a central corporate finance department for the group, creating a formal structure that increased quality, strengthened control, and improved timely analysis and reporting while saving $180,000 in annual audit costs.
* Saved more than $400,000 on a salary and wage audit by the NYS Department of Labor for the period preceding my tenure. Resolved subsequent audits for less than $1,000.
* Introduced in-depth operating and capital budgets for each department, and increased accountability for department directors, generating 6-figure cost savings.
* Implemented new internal financial statements that improved cost control by showing real-time comparisons of budget against actual spending and previous year spending.
SALMON (SONNY) KAPLAN * Page 2 * *********@********.***
NORTHERN SERVICES GROUP (NSG), continued
* Created a formula and approach to direct care nursing staffing planning that generated millions in labor savings over 10 years while insuring full coverage for patient care.
* Oversaw the construction of a new ventilator unit and operated it at a profit, doubling its size while similar organizations closed their facilities due to low revenue and high costs.
* Negotiated more than $120,000 in cost savings in renewing the contract for enterprise-wide copy and fax services.
HEBREW HOSPITAL CORPORATE SERVICES (HHCS), Bronx/Valhalla, New York * 1995-1999
$100M corporation overseeing 5 companies including 2 RHCFs, long-term home health care, adult day health care, assisted living, and a continuing care retirement community (CCRC).
Chief Financial Officer (CFO)
Headed finance, accounting, reporting, billing, and payroll for the group and its 5 member companies. Advised the CEO, Audit and Compliance Committee Chair, Finance Committee Chair, and other Board members on strategic recommendations and compliance issues. Played a key role in strategic planning. Managed capital and operating budgets. Negotiated contracts and interfaced with third-party payers.
* Established HHCS as the parent corporation for the group and formalized central finance, purchasing, human resources, and MIS for all group companies. Generated substantial cost savings over independent operations and created a strong professional identity.
* Created a corporate MIS department in full compliance with NYS Department of Health and Medicare regulations. Upgraded existing systems, implemented new processes and workflows, and established independent books and records for each corporation in the group with central oversight.
* Set up the corporate structure for a new 160-bed RHCF. Secured final approval to begin construction, managed construction finances, and provided oversight for the initial, highly profitable base period.
* Launched a new licensed home care services agency that generated a surplus within 1.5 years.
* Helped launch a demonstration project, 1 of only 6 in the state, providing partially capitated long-term care for duly eligible Medicaid/Medicare participants in New York State.
* Partnered with the linen vendor to reduce laundry and linen costs $137,000/year for a single facility.
* Increased Medicare Part A billing rate by 75% in 4 years for Hebrew Hospital Home, Inc. (HHH), leading to $2.7M in additional revenue each year.
FOREST VIEW NURSING HOME, Forest Hills, New York * 1992-1995
160-bed residential healthcare facility.
Controller
Revamped the finance operation and implemented formal, scalable systems to ensure quality and accountability while facilitating company growth.
* Led transition from paper-based to primarily electronic finance operations. Chose and managed MIS consultants to implement and support the finance system.
* Ensured profitability and financial solvency during a change in corporate ownership.
Early Career: Senior Accountant, Loep & Troper CPA.
FORMAL EDUCATION
Bachelor of Economics - Financial Accounting & Transport Economics
Minor in Business Economics & Economics, High Honors in Statistical Methods
University of Stellenbosch - Stellenbosch, South Africa
AFFILIATIONS
Former Finance Subcommittee Member
New York Association of Homes & Services for the Aging (New Age New York)