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Click here or scroll down to respond to this candidateCandidate's Name , MBAStreet Address Treasure CayWest Palm Beach, FL Street Address
PHONE NUMBER AVAILABLEEMAIL AVAILABLESenior Executive with 20+ years of hospital and healthcare experience leading all facets of financial, strategic, and business initiatives in the public and private healthcare sector. Skilled in healthcare operations, revenue cycle maximization, Capital Raising, treasury management, corporate compliance, and developing and building strong teams. Highly motivated, dedicated, and goal-oriented professional who is focused on achieving objectives. Skilled with defining and aligning strategies, mergers and acquisitions, joint ventures, and private equity goals.Experienced in Start Ups & Turnarounds, and Growth Strategies. Skilled in Revenue Cycle, Contract Negotiation, Treasury & Cash Flow Management, Regulatory Compliance, and Grant & Funds Procurement. Highly effective Team Builder with a solid background in realigning and transforming organization through a variety of proven turnaround and growth strategies. Experienced in the public and private sectors in Accounting, Finance, Human Resources, Payroll, Supply Chain Management, Business Office Operations, Business Intelligence, Compliance, and Information Technology.Core Leadership CompetenciesFinancial & Operations Management Revenue Cycle ManagementCash Flow / Profit & Loss Management Mergers & AcquisitionsStrategic Planning Business Restructuring & ReorganizationsJoint Ventures / Private Equity Partnerships Budget Planning & PreparationAudit Management Capital Raises & Fund ProcurementFinancial Administration & Reporting Efficiency ExpertStart Up, Growth, & Turnaround Expert Board & Partner Relationship ManagementProfessional ExperienceVestige Healthcare, Inc. Southeast Region Oct 2020 CurrentCEO/CFO (Private Equity Backed)Provide financial and operational leadership to 2 acute-care hospitals, 4 physician practices, 5 womens health centers, and 1 critical access hospital. Provide guidance and change management for turnaround and growth strategies to ensure financial and operational health. Oversee the general accounting system, applying standard principles of accounting, cost determinations, and statistical analysis. Direct hands-on management of accounts payable, payroll, treasury, revenue cycle, information technology, and materials management.In charge of all Start Ups, Merger & Acquisitions initiativesPrepare financial and operating package to executive leadership, the Board, and partners.Key Contributor for turnaround and growth maneuvers for healthcare projects.Successful negotiations of top 5 commercial payor contracts to increase revenue by $9MSuccessful Capital Raise of $30MExecutive Financial Liaison for physiciansLead physician development turnkey onboardingDeveloped and implemented the hospital revenue initiatives, including management, revision, and on-going monitoring of revenue cycle metrics and financial closing process.Complete revenue cycle overhauloSuccessful contract negotiationsoImprove Days in AR by 26% from 54 days to 39 daysoImprove bottom-line cashProvide leadership and vision to develop the financial long-range strategic plan in support of the overall strategic plan, supporting the hospital and CEO in the development and implementation of the goals and plans.Implemented new service line - Telehealth Services, Detox Center, Pain Management CenterCollaborate with the Executive and Senior Leadership teams and partners to develop financial, strategic, and capital plans.Responsible for the preparation of annual organization budget to include all operational department and capex budgets.Develop new policies and procedures to improve efficiency in Accounting, Payroll, Purchasing and Information Technology.Implemented new E H R and Server Platform for full integrationPrepare, analyze, and present monthly financial statements and modeling to the Chief Executive Officer and the Board.Supervised 6 director level employees.Candidate's Name , MBA Page 2 of 4Medytox Solutions Rennova West Palm Beach, FL Apr 2018 Oct 2020Corporate Chief Financial Officer to EVP Finance & Operations (Private Equity-Public)In charge of the financial and strategic guidance of operations multiple healthcare units-$400M+ in revenues. Hands of leadership for 3 hospitals (2 Acute Care and 1Critical Access Hospitals-CAH), 2 multi-affiliated specialty physician offices, 6 Home Health Cares, 1 Rural Health -FQHC clinic, multi-site behavioral health units, and oversight of 14 other entities-laboratory, healthcare, and other.Provide financial and operational leadership and guidance to hospital CEOs and CFOs.Coordinate with CEO, Private Equity Partners, Board of Directors on strategic, financial, and operational initiativesIn charge of all Start Ups, Merger & Acquisitions activities for healthcare entities.Manage and direct short-term and long-range planning and budgets to ensure corporate goals and growth objectives.Review all information for SEC filing 10Q/10K/8Q/8K and supporting schedules.Formed & Lead Business Analytics Committee to provide KPIs operational clarity and financial benchmarking.Developed New Reporting Structure for Leadership with Statistical and Graphical presentationsTimely Production & Interpretation of all Month End Closing and Financial Information.Preparation of Budgets-Operational, Capital, and Minor Equipment.Reviews and analyze P&L activities to maximize Cash Flow.Maintain and develop relationships with banking institutions, audit firms, legal counsel, public and government entities.Ensure corporate compliance with regulatory boards, Joint Commission, Medicare (CMS), and Medicaid (AHCA).Establish directives and benchmarks to measure, assess and improve the performance of processes.Direct oversight of Contract Management for hospital, facility, and physician contracts.Realigned Leadership - Employee focused grow from within organizationSuccessful Renegotiation of Managed Care and VA Contracts net effect $3mil.Successful Capital Raise of $10 milImplemented a new financial reporting platform for executives and board.Revamp and Improved Data Analytics and ReportingImplemented new services lines to improve annualized revenue from $10M to $50M within 1 yearReduced operating expenses/cost by $2.1MImproved closing period to reporting from 14 days to 10 daysImproved Revenue Cycle Days in AR by 36% from 61 days to 39 days.Implemented program that transition self-pay to insured lives (13% improvement)Successful System and Software Implementation for Bilateral Integration.Improved Employee Days On-boarding by 50%.Improved Employee Turnover by 35%.Direct supervision of 6 executives and 2 administrative employees. Oversee 450+ employees.MedBridge Healthcare - Greenville. SC Feb 2017 May 2018Chief Financial Officer (Private Equity-Joint Venture)(Johns Hopkins & Vicente Capital)In charge of strategic guidance, safe guarding, and improving assets for a national healthcare organization in the Sleep Laboratory Management and the Durable Medical Equipment arena with hospital partners and physician practices in 22 states and 140+ multi locations sites.Managed Multiple Portfolio (Turnaround & Growth)Implement productivity measures.Complete revenue cycle overhaul.Review managed care contracts.Renegotiate sleep med contracts.Complete installation of MedHost EMR, Billing, GL and Materials modules.Multiple operational changes including scheduling improvements, increased cash collections and through put efficiencies.Revamped entire accounting department producing clean audit and business intelligence report.Reduced expenses by $1.8M in 6 monthsImproved Average Daily Cash Collections by 27%Improved Days in AR from 50+ days to 28 daysSupervised 5 director level employeesCandidate's Name , MBA Page 3 of 4Barnes Healthcare Services - Georgia/Florida Feb 2015 Mar 2017Chief Financial Officer (Reposition & Partial Sale)Monitor and direct the implementation of strategic and financial business plans for $100M+ established healthcare organization with a national presence in the specialty pharmacy, retail pharmacy, and durable medical equipment arena.Turnaround Healthcare Division (Pharmacy and Durable Medical Division).Implement productivity measures through Key Performance Indexes.Complete revenue cycle overhaul.Review and Renegotiated managed care contracts.Implementation of cost savings programs reducing annual expensesRevamped entire accounting department producing clean audit and cost report. \Executed daily charge review to reduced DNFB to 5 days,Reduced days in AR from 87 to 46 days.Develop financial and tax strategies and manage the capital request and budgeting processes.Develop performance measures that support the company's strategic direction.Implement financial and operational best practices to improve days in AR and days closing.Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package and consumerism.Directly supervise 6 directors and oversee 300+.Monroe County Hospital - Forsyth, Georgia Jan 2012 Feb 2015Chief Financial OfficerFinancial and strategic leadership of Critical Access Hospital-CAH and 3 free standing Medical/Physician Offices.Financial, Reporting, Month End Closing, Monthly Operational Review.Grant Procurement and ManagementImproved Hospital Revenue by $2M+ within 1 yearImproved Overall Revenue Cycle by: Cash Collections 31%, Days in AR, Days to Drop Claims, AR Closing DaysReduce Operational CostImprove Gross and Net MarginsMaintain Positive Bottom LineAchieve Meaningful Stage II Attestation (EHR)Supervise 8 Directors and oversight for 37 employees.Pacer Health Corporate - Knox County Hospital - Miami Lakes, Florida Jun 2008 Mar 2011Chief Financial Officer-CFO (Private Equity)Financial Leadership Critical Care Facility with Long Term Care and Home Healthcare Units, and 6 Affiliated Physician Practices in Kentucky, Georgia, and South Cameron Memorial Hospital Behavioral Health and Physician Services in Louisiana, and Acute In- Patient Facility with Skilled Nursing Facility.Direct leadership of all medical related Strategic planning, mergers and acquisitions, and long-term forecasting.Oversee Patient Financial Services, Health Information Management, Administration, Information Technology, and the Business Office for staff and department development, implementation and updates of Insurance Payor Contracts, State and Government programs, compliance, policies and procedures.Directorship of the financial and operations to include the planning, organizing, and directing the daily operations.Responsible for the management and preparation of all financial data, management of the general ledger for integrity, preparing monthly financial reports for 6 facilities, preparation of interim and Cost Reports, Corporate.Tax Preparation, and other managerial reports to executives and the board of director.Increased revenues by 58% to a $142M facility.Successfully executed a 26% reduction in workforce and implement new system conversions.Streamline efficiency and operations in the finance, accounting, and business office areas increasing efficiency and productivity.Renegotiated managed care contracts resulting in increase in gross and net revenue.Supervise 5 employees directly and Oversaw 38.Candidate's Name , MBA Page 4 of 4INTERIM CONSULTATIONSVisiting Nurse Association of Florida (Home Health) - CFO Consultant Audit, Revenue Cycle, &Systems IntegrationCascadia Behavioral Health (Behavioral Health) CFO Consultant Growth and DevelopmentSt. Marys Healthcare Center Catholic Health Initiative CHI - Interim CFO / COO - ReorganizationAmerican Health & Wellness Institute AHWI - Interim COO - Business Growth & DevelopmentOBGYN Specialist - Interim Executive Director of Fin & Ops. (7 Offices / 23 Physicians) - Strategic GuidanceBroward Multi-Specialty Group - Interim CFO (25 Offices / 55+ Physicians) ReorganizationPrevious Work HistoryGemstarr Financial Services (Banking & Finance) COO/CFO 2005 2008KRU Medical Ventures, LLC (Dialysis) - Director of Managed Care/Div. Controller 2001 2005Medics Ambulance Service, Inc. - Controller 1999 2000Columbia HCA- Cedars Medical Center/Aventura Hospital - Assistant Controller 1998 1999Revenue: $2B+ Beds: 560 BedsFlorida Hospital - Accounting Manager (Robert Half Int'l) 1996 1998Revenue: $2.5B+ Beds: 1000+The Presbyterian Ministry Accounting Office Manager (Robert Half Int'l) 1994 - 1996Shands Hospital - Patient Account Supervisor - Financial Analyst 1989 1994Revenue: $4B+ Beds: 900+SkillsMEDICAL Related: Medical Terminology, Healthcare Compliance (Medicare, Joint Commission, HIPAA), Contract Negotiation, Billing (Electronic/Manual, Third Party Administration, Managed Care, Commercial, Medicare, Medicaid Billing (UB-92, UB-04, HCFA1500), Collections, Accounts Receivable, Insurance Guidelines & Regulations, ICD-10/CPT/HCPCS/DRG, Charge Master, Health Information Management/Medical Records.Medical-Hospital related systems: MedHost, NexGen, Home Care Home Base-HCHB, Brightree, Athena Health, HMS-Health Management Systems, Greenway Prime Suite, CPR+, AllScripts, FMC Billing Athena, CPSI (Rycan/Evident) System, McKesson, Z Term, Medical Manager, Meditech, On Net TN- General Ledger, Financial, Patient Accounting, Accounts Payable, Info Pac/View Direct, Funds Management, QMIRS, HBOC, NPR/MPR, SMART, PYXIS, and CLEAR ACCESS Report Writer.COMPUTER: MS Office - Word, Excel, PowerPoint, Sage/MAS 100, JD Edwards, Solomon, Hyperion, Lawson, Macola, Creative Solutions, AccPac, Peachtree Accounting, Timberline, QuickBooks, Tax Packages, MS Internet Explorer/Chrome.BOARD POSITIONSAndros Isle Campbell Property Management Finance Committee 2024Harper Home Health New York Board Member 2020 - 2022Big South Fork Medical Center - Oneida, TN Board Executive 2018 2020Jamestown Regional Medical Center - Jamestown, TN Board Executive 2018 2020Jellico Medical Center - Jellico, TN Board Member 2019 2020EDUCATIONUniversity of Miami - Coral Gables, FL Master of Business Administration (MBA) 1995 - 1997University of Florida - Gainesville, FL Bachelor of Science (BS) - Finance 1992 - 1994References available upon request |
