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Areas of Expertise
Kara Borodkin is a Paraprofessional at ToneyKorf Partners and is based in New York. Kara has over 13 years of experience focusing on interim management roles in the finance department of distressed organizations, as well as bankruptcy administration and out-of-court restructurings.
Currently, Kara is serving as Strategy Manager for US Family Health Plan, a managed care plan providing TRICARE benefits on behalf of the Department of Defense, implementing various initiatives across the organization, including IT enhancements, clinical reorganization, and quality improvement projects. Formerly, Kara served as Finance Manager of Milford Hospital, monitoring cash flows and preparing the organization for integration into the Yale New Haven Health system.
Previously, Kara was involved with the turnaround at the Brookdale University Hospital and Medical Center, a distressed hospital in Brooklyn, NY. She served as Finance Manager, working closely with the interim Chief Financial Officer to stabilize finances, develop trusted relationships with lenders, and manage a State grant-funded cash flow for seven years. She also acted as finance liaison for the State’s Value Based Purchasing programs, as well as the federally funded programs under the Medicaid Redesign Team Waiver Amendment.
Prior to joining ToneyKorf, Kara was at Grant Thornton LLP and CRG Partners (now part of Deloitte). While at Grant Thornton, Kara worked on the team responsible for the bankruptcy and claims administration of Saint Vincents Catholic Medical Centers of New York.
Kara is a Certified Healthcare Financial Professional and a Certified Specialist of Accounting and Finance through the Healthcare Financial Management Association. She is a member of the International Women’s Insolvency & Restructuring Confederation.
Get to Know Kara
Giving back: Every week I get the opportunity to volunteer with the USO (United Service Organizations) to provide a home away from home for active duty and retired military along with their families. I’m grateful for the chance to say “thank you” directly to these service members for their dedication and sacrifice.
Travel: New York may be one of the greatest cities, but I’m always looking for chances to travel. Whether it’s up to Maine, a trip to Israel, or over to France, my personal favorite, there’s always something new to be seen.
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