MJHS Health System Announces Selection of Next CFO
David Koschitzki to succeed Jeffrey Davis effective January 1, 2022
MJHS Health System announced today that David Koschitzki, current Chief Financial Officer of MJHS Health Plans, will be promoted to CFO of MJHS Health System effective January 1, 2022. He has been part of the not-for-profit organization for 22 years and has extensive knowledge of provider and payor financial operations. Koschitzki will succeed Jeffrey Davis, who is retiring at the end of the year after more than 20 years with MJHS Health System.
“David is the ideal person to step into this pivotal role,” said Alexander S. Balko, MJHS President and CEO. “During his tenure with MJHS Health System, David’s contributions have been extensive. He has overseen the migration of our entire accounting and reporting system for all MJHS business lines. In addition, he has streamlined the Elderplan chart of accounts, resulting in a significantly more efficient process for Elderplan’s Medicare Bid preparation, budgeting, and financial reporting. He also created and developed a financial analytics department within the health plans that has provided an added level of reporting and analysis that has been invaluable to internal departments as well as our relationships with external business partners.”
Koschitzki joined MJHS in 1999 as an Accounting Manager, earning promotions to General Ledger Manager in 2005, Director of Financial Reporting in 2011, Assistant Vice President of Finance in 2014 and Vice President of Finance in 2015. Two years ago, Koschitzki was promoted to his current role as CFO of MJHS Health Plans. During this period, his responsibilities were also broadened to include oversight of Business Development and Sales for Elderplan’s two Institutional Special Needs Plans (I-SNP and IE-SNP). Before joining MJHS, the Brooklyn College graduate worked for Loeb and Troper as an auditor, while simultaneously earning his CPA.
Davis joined MJHS in September of 2000 as Vice President of Finance. In October 2012 he was promoted to Senior Vice President, the position he held until April 2014, when he was promoted to his current role of CFO. During his tenure with MJHS, Davis’s responsibilities expanded beyond finance to include oversight of the following departments: information services, purchasing and building services.
“Jeff has led our finance department with integrity and accuracy,” said Alexander S. Balko, MJHS President and CEO. “It has been my pleasure to work alongside him for more than 20 years. He has played an integral role in a number of MJHS milestones, including our affiliation with Isabella Center for Rehabilitation and Nursing Care and its integration into MJHS; the acquisition of Menorah Center for Rehabilitation and Nursing Care along with its expansion; the sale of Shorefront and MJG nursing homes; the restructuring of our working capital lines of credit, as well as being part of the Investment Committee.”
Following his retirement at the end of the year, Davis will work on special MJHS projects during a period of transition.