Mark Bogen, chief financial officer of South Nassau Communities Hospital, has been named for the third year in a row to the prestigious list of "150 Hospital and Health System CFOs to Know" in the US. Under Bogen's leadership, South Nassau has received strong financial ratings, met operating profit goals, and invested in expanding services including restoring healthcare to Long Beach after Hurricane Sandy through a new medical arts pavilion. South Nassau has also received numerous quality awards and remains a major acute care hospital on Long Island.

1. News From:
For Immediate Release July 8, 2015
Contact: Damian Becker, Manager of Media Relations
(516) 377-5370
SNCH Finance Officer Again Named to Prestigious List
of Hospital CFOs to Know
Oceanside, NY — 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.
The financial stability South Nassau maintains under Mr. Bogen’s leadership, has positioned it to
capitalize on opportunities to expand regionally to begin the process of restoring needed healthcare services in
Long Beach, NY, and continue to renovate and add new services to its main campus in Oceanside.
On Thursday, October 16th
, 2014, South Nassau Communities Hospital closed on an asset purchase
agreement (APA) to acquire substantially all of the assets of Long Beach Medical Center (LBMC), which had

2. been severely damaged by the effects of Superstorm Sandy and had remained shuttered since October 2012.
Under the Asset Purchase Agreement (“APA”) approved by the US Bankruptcy Court in May, 2014, South
Nassau agreed to a purchase price of approximately $11.8 million for the LBMC assets, including 5.5 acres of
property, buildings and equipment. The closing signified major progress in South Nassau’s effort to fulfill its
mission to meet the need for patient-centered healthcare services in Long Beach and surrounding South Shore
communities.
In March, South Nassau announced plans to build a two-story, 30,000 square-foot Medical Arts Pavilion
on the site of the former Long Beach Medical Center that would include an off-campus, hospital-based
Emergency Department and restore other needed medical services to residents of the barrier island, including
suites for family medicine, behavioral health, dialysis and other medical services. South Nassau has
commissioned a study – based on discharge and other data – to determine which services are most needed on
the barrier island.
The new Medical Arts Pavilion would cost an estimated $20 million and represents a major investment
by South Nassau in Long Beach. It also would help restore jobs to the barrier island. South Nassau opened a
temporary Urgent Care Center on the site in July of 2014 and is now in the midst of upgrading the Center to
Long Island’s first off-campus, hospital-based Emergency Department, which is expected to be fully
operational by July 1. The new Medical Arts Pavilion, which could be expanded to add a third floor if needed,
would become the permanent home of the Emergency Department once it is constructed.
As a continuation of its ongoing expansion and renovation program to modernize its main campus,
South Nassau is on the verge of completing a major rebuilding and renovation project of its F-1 and F-2 Units.
The $18.6 million project will result in a new state-of-the-art, 23-bed Medical/Surgical Unit and a 20-bed
Transitional Care Unit.
As senior vice president and CFO, Mr. Bogen is responsible for the overall financial management of
South Nassau and manages the Hospital’s financial reporting and related internal controls. He also directs the
organization’s financial planning related to growth, financing and associated issues and coordinates all
relationships with auditors, third-party reimbursement agents, managed care companies, investment bankers and
the Dormitory Authority of the State of New York (DASNY).
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.

3. 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.
South Nassau is the only hospital on Long Island to win four major awards for quality in recent months,
including for women’s services, nursing excellence, and top rankings from U.S. News & World Report and
from the Joint Commission. In addition, it is one of just 559 hospitals in the country to be awarded the
American Heart Association/American Stroke Association’s Get With The Guidelines®–Target: Stroke Honor
Roll-Elite Quality Achievement Award, and it is also a recipient of the American Heart Association/American
College of Cardiology Foundation Get With The Guidelines®–Heart Failure Silver-Plus Quality Achievement
Award.
Designated a Magnet® hospital by the American Nurses Credentialing Center (ANCC), South Nassau®
Communities Hospital is one of the region’s largest hospitals, with 455 beds, more than 900 physicians and
3,000 employees. Located in Oceanside, NY, the hospital is an acute-care, not-for-profit teaching hospital that
provides state-of-the-art care in cardiac, oncologic, orthopedic, bariatric, pain management, mental health and
emergency services. In addition to its extensive outpatient specialty centers, South Nassau provides emergency
and elective angioplasty, and is the only hospital on Long Island with the Novalis Tx™ and Gamma Knife®
radiosurgery technologies. South Nassau is a designated Stroke Center by the New York State Department of
Health and Comprehensive Community Cancer Center by the American College of Surgeons and is an
accredited center of the Metabolic and Bariatric Surgery Association and Quality Improvement Program. In
addition, the hospital has been awarded the Joint Commission’s gold seal of approval as a Top Performer on
Key Quality Measures, including heart attack, heart failure, pneumonia and surgical care; and disease-specific
care for hip and joint replacement, wound care and end-stage renal disease. For more information, visit
www.southnassau.org.
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