Ralph Farkas

Co-Founder, President and CEO at PSCH
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Contact Information
us****@****om
(386) 825-5501
Location
Wellington, Florida, United States, US

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Experience

    • Non-profit Organizations
    • 100 - 200 Employee
    • Co-Founder, President and CEO
      • Jan 1979 - Present

      Responsible for the function and the day to day operation of this $100MM healthcare agency. Managing a staff of over 1,000 full-time employees and additional 600 contractual professionals, including physicians, nurses and allied professionals. Career Highlights and Achievements IncludeGrew the organization from start-up to serving over 6,000 persons per day, this was accomplished via organic growth. Created and implemented a strategic plan and developed an effective and collaborative relationship with the Board of Trustees. Manage an overall annual budget of $100MM, with an operating expense budget of $75MM, with a net revenue over expense of $2-3MM per year.Approved for a $10MM unsecured Line of Credit from a major US commercial bank.Function as Chief Investment Officer for 2 separate pension funds which covers over 800 employees. The two funds has routinely met or exceeded the S&P returns, meeting the organization's investment goals. Ralph D. Farkas/ page 2 of 2Participated in union negotiations and labor relations in 2 states, developed strategies and committee points during the negotiations, all without work stoppage or conflict. Established an annual planned giving program, which yields approximately 1MM a year. Introduced a proprietary automated system which produced needed checks and balances, transparencies and compliance, and lowered operating expenses by $500K a year.Secured a 16MM Tax Exempt Municipal Bond, and went public.Created a for profit subsidiary which provided vocational training and job opportunities for the patients and generated over $5MM in revenue. Show less

    • president/ceo
      • Feb 1979 - Jan 2008

      Senior Managment executive.

    • president/ceo/founder
      • 1979 - 2008

    • GOVERNMENT RELATIONS
      • Feb 1979 - Jan 2008

      2002-2005 * Served on Assemblyman Peter Rivera's Task Force for the NYS Assembly Committee on Mental Health, Mental Retardation and Developmental Disabilities. The committee analyzed the state wide Mental Hygiene practices to help chart a new direction for the NYS Mental Health System. 2002 * Gave testimony before the Speaker of the Assembly and the Assembly Committee on Insurance, speaking on the issues of escalating insurance costs, the difficulty of obtaining coverage at any cost, and its implications for PSCH and social policy. 2002 * Presented a white paper "Recommendations for Reform in the Adult Home Industry." Addressing the need that many individuals living in Adult Homes require OMH Community Residences.; Gave testimony to the Assembly Ways and Means Committee and the Senate Finance Committee on Governor Pataki's proposed budget. Which directly impacted on services to people with developmental disabilities and those with psychiatric disabilities. Show less

    • United States
    • Individual and Family Services
    • President/CEO
      • Jan 1979 - Jan 2008

      Professional Service Centers for the Handicapped Inc; is a not-for-profit, nonsectarian agency which provides long term care and treatment services. Specializing in residential, health, habilitative, vocational and family support programs for individuals with developmental disabilities, and consumers with mental illness and their families. Professional Service Centers for the Handicapped Inc; is a not-for-profit, nonsectarian agency which provides long term care and treatment services. Specializing in residential, health, habilitative, vocational and family support programs for individuals with developmental disabilities, and consumers with mental illness and their families.

Education

  • Long Island University, C.W. Post Campus
    1977 - 1978
  • CW POST CENTER
    MA, Healthcare Administration
  • cwpost
    BA, Sociology

Community

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