Sign In
Get Clay Free →

Suggestions

    Jacob Frumkin

    Lumina Financial LLC

    Professional Background

    Jacob Frumkin is an accomplished financial executive and the founder of Lumina Financial LLC, a distinguished boutique consulting firm that specializes in delivering tailored healthcare and corporate finance solutions. With a rich history in financial leadership and strategic management in the healthcare sector, Jacob has made a significant impact in organizations that have shaped the landscape of healthcare delivery across the United States.

    Before establishing Lumina Financial, Jacob served as the North Region Chief Financial Officer at Steward Health Care, the largest private for-profit health system in the United States. Steward Health Care operates an expansive network of 39 hospitals and over 600 practice locations across nine states, supported by a robust provider network that includes more than 5,500 healthcare professionals. Jacob's tenure at Steward was marked by his commitment to optimizing financial operations and enhancing the overall efficiency of healthcare service delivery.

    In his capacity as North Region CFO, Jacob was responsible for strategic financial planning, reporting, and oversight of various financial operations within Steward's Northern region. His deep knowledge and expertise in healthcare finance helped to ensure that Steward maintained its position as a leader in the healthcare industry while continually seeking innovative ways to improve healthcare outcomes and streamline financial performance.

    Prior to his role as North Region CFO, Jacob held the position of Senior Vice President of Finance and Treasury at the corporate office in Dallas, Texas. Here, he was instrumental in leading several critical functions, including treasury management, financial reporting, technical accounting, forecasting, and the operation of the finance data warehouse. Jacob's strategic vision and ability to drive change were evident when he joined Steward Health Care through its acquisition of IASIS Healthcare, where he played a key role in coordinating the managed care aspects of the transaction while also overseeing financial operations for IASIS's health plan and ACO networks.

    Earlier in his career, Jacob was associated with Deloitte Consulting as a Consultant in the Strategy and Operations Practice, where he had the opportunity to work with clients in both the healthcare and financial services sectors. His experience at Deloitte provided him with a solid foundation in financial management and strategic consulting, further enhancing his capabilities and insights into effective organizational leadership.

    Education and Achievements

    Jacob Frumkin received his Bachelor of Arts degree in Mathematics from the prestigious University of North Carolina at Chapel Hill. His academic background in mathematics has equipped him with strong analytical skills and a strategic mindset that he applies to his work in healthcare finance.

    Throughout his career, Jacob has positioned himself as a thought leader and an innovator, earning respect among peers and colleagues in the healthcare finance community. His expertise in financial analysis, strategic planning, and operational efficiency continues to influence healthcare organizations and shape industry best practices.

    Achievements

    Jacob has been a pivotal figure in financial management within the healthcare sector, demonstrating exceptional leadership through various influential roles. His time at Steward Health Care was marked by notable achievements in financial reporting and operational effectiveness, driving tangible results that contributed to the organization's growing success in a competitive landscape.

    As Director of Managed Care at IASIS Healthcare, Jacob was essential in overseeing the health plan's financial functions post-acquisition by Steward, putting his skills to practical use in a transformative environment. His prior experience as a Senior Residential Computing Consultant at the University of North Carolina at Chapel Hill further developed his ability to integrate technology with financial practices, proving beneficial in his future roles.

    In addition to his extensive professional achievements, Jacob continues to cultivate his expertise and thought leadership in the areas of healthcare finance and corporate consulting through Lumina Financial LLC, where he guides organizations toward improved financial health and operational excellence.

    Related Questions

    How did Jacob Frumkin develop his expertise in healthcare finance?
    What inspired Jacob Frumkin to start Lumina Financial LLC?
    What are some key challenges Jacob Frumkin faced as CFO of Steward Health Care?
    How has Jacob Frumkin’s education in mathematics influenced his career in finance?
    What innovative strategies has Jacob Frumkin implemented at Lumina Financial LLC?
    Jacob Frumkin
    Add to my network

    Location

    Greater Boston
    Location