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Larry Erickson
Licensed Nursing Home Administrator at Valley Manor Rehabilitation and HealthCare Center
Professional Background
Larry Erickson is an accomplished and dedicated executive in the healthcare sector, leveraging over two decades of experience as an Executive Director, Licensed Nursing Home Administrator, and Chief Financial Officer. Known for his adaptive leadership style and unwavering commitment to quality care, Larry has successfully navigated the complexities of the ever-evolving healthcare and human services landscape. With a focus on compliance with health regulations, and operational excellence, he has a proven record of achieving exemplary patient outcomes, strengthening organizational performance, and maximizing operational efficiency across multiple healthcare facilities.
Throughout his career, Larry has demonstrated his ability to work collaboratively with diverse teams to improve service delivery and enhance the overall well-being of seniors. His proactive mindset and total commitment to person-centered care stem from his belief in the importance of integrity, inclusivity, and strategic thinking in improving organizational sustainability. He holds extensive experience supervising substantial budgets, overseeing facilities that house hundreds of residents and employ large teams, including unionized staff. Larry's leadership has resulted in the establishment of 5-Star CMS rated facilities, underlining his efficacy in setting and achieving high clinical and operational standards.
Education and Achievements
Larry is a well-educated professional, possessing multiple advanced degrees in business administration and healthcare management. He earned his Master of Business Administration (MBA) and a Master's degree in Health/Health Care Administration/Management from Wilkes University. Furthermore, he has a Bachelor of Business Administration from the University of Wisconsin-La Crosse. This solid academic foundation equips him with the necessary skills to understand and maneuver through complex business environments while providing inspired leadership and operational improvements.
His career milestones include serving as the Executive Director for several esteemed organizations, where he was recognized for his innovative approaches to strategic planning, management, and compliance. He held leadership roles with notable organizations such as Valley Manor Rehab & Care Center, The Weston Group Inc, and Luther Crest, where he worked diligently to enhance care services and ensure regulatory compliance. Larry's ability to mitigate risk while promoting cultural competence is further evidence of his dedication to organizational excellence.
Key Achievements
Larry’s trajectory in leadership roles has been characterized by significant achievements such as:
- Successful guidance of nursing facilities through various regulatory environments, emphasizing compliance with Department of Health standards and Life Safety Codes.
- Building a strong reputation for operational excellence, which has led multiple organizations he has worked with to achieve high performance metrics, improving quality of care and safeguarding residents' well-being.
- Steering interdisciplinary teams toward innovative care approaches that underscore superior resident experience.
- He has been instrumental in developing Accountable Care Organization (ACO) relationships that enrich the delivery of healthcare services while enhancing efficiencies from a fiscal perspective.
- Throughout his career, he has managed large financial portfolios, successfully overseeing budgets up to $120 million and exceeding key performance indicators across clinical and financial metrics such as Length of Stay (LOS), Case Mix Index (CMI), and Pay for Performance (PFP).
His empowering leadership style allows him to inspire confidence in his teams, fostering environments where individuals are encouraged to excel. His exceptional communication skills and ability to connect with various stakeholders at all levels of an organization underscore his reputation as a mentor and respected leader.
Larry's insights into navigating operational challenges and implementing agile solutions have made him a sought-after speaker and thought leader within the industry. His commitment to continued education and professional development has not only benefitted his own personal growth but has also inspired those around him to pursue excellence and embrace change. Individuals under his leadership have often voiced appreciation for his inclusive approach, perspective on collaborative problem-solving, and dedication to nurturing a robust organizational culture.
In summary, Larry Erickson stands out as a transformative leader in the healthcare industry, committed to serving the aging population and enhancing care quality. His impressive background in administration, finance, and health management positions him uniquely to tackle the challenges facing healthcare organizations today, making him an invaluable asset to any organization.
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