Michael Burke

 

 

Michael T. Burke, senior vice president and vice dean, corporate chief financial officer, oversees the hospital and medical school’s finance departments and played an instrumental role in the transformation of the financial performance and profitability of NYU Langone Medical Center. Since joining the Medical Center in 2008, he initiated an assessment and overhaul of the institution’s existing business processes, systems, and organization. As a result of his approach, funds for capital investment have increased and the institution’s investment grade was raised by all ratings agencies.

 

Mr. Burke brings over 25 years of healthcare financial management to NYU Langone. His professional career has included CFO positions at large academic medical centers, specialty clinics, community hospitals, and Health Maintenance Organizations (HMOs). In all positions, Mr. Burke worked closely with all levels of leadership and the medical staff in developing innovative strategies to improve financial performance. He also has a strong auditing background, having served as senior healthcare auditor for Price Waterhouse and senior auditor at the New York State Attorney General’s office for Medicaid fraud control.

 

His track record is impressive in every facet of financial management: budget preparation and oversight, revenue cycle improvements, cost control, managed care contracting, project financing, strategic planning, acquisitions, and negotiations with state and federal agencies for the reimbursement of both clinical services and graduate medical education. He is also fluent in the types of broad initiatives that are under way at NYU Langone—from care management, to structural realignment, to growth strategies for clinical areas—and is well versed in the dynamics of process redesign and continuous quality improvement. Additionally, Mr. Burke was recently named to Becker’s Hospital Review’s list of "Hospital Industry Leaders to Know."

 

A Certified Public Accountant in New York State, Mr. Burke is also a member of the New York State Society of CPAs. He is involved with a number of professional organizations including the Healthcare Financial Management Association and the Association of American Medical Colleges, and serves on the provider advisory board of UnitedHealth Group and is chairman of the finance committee of the Association of academic medical centers senior administrative finance officers (SAFO).