Andy Pace Email & Phone Number

Milwaukee, Wisconsin, US

Milwaukee, Wisconsin, US

Responsible for financial performance of three Acute Care Hospitals within the Greater Milwaukee region of Advocate Health, with $3.0B in gross charges. Liaise with corporate finance, accounting, revenue cycle, net revenue management, and hospital operations teams to ensure cohesive, accurate, and efficient financial operations. Compile and present.

• Top level financial executive for four Milwaukee Area Hospitals within the south region of Ascension Wisconsin
• Prepare forecasts and analyze overall financial performance, including trends in volume, revenue, expense, labor utilization, general business conditions, revenue cycle and related areas
• Analyze and report on financial data; present data and make recommendations for change to management
• Direct the development and monitoring of annual operating budget consisting of 700+ cost centers in two hospital campuses and physician clinic division
• Direct the development of the long range financial plan in conjunction with CFO and other hospital leadership
• Collaborate with Business Development, Decision Support and Operational Leaders in the creation of volume projections used in the development of the operating budget and long range financial plan

Madison, WI, US

• Supervision of Budget department in major medical center; reports to VP of Finance/Controller
• Functional supervision of staff of two budget analysts
• Directed the effective development and monitoring of annual operating budget consisting of $1.6 billion in gross revenue, $845 million in expense and over 500 cost centers
• Directed the effective development and monitoring of annual capital budget consisting of over 100 requests totaling over $50 million in equipment and construction projects
• Counseled department managers on operating and capital budget preparation and analysis
• Trained management in the development of budgets, analysis techniques and use of budget software packages

• Author, script, implement and troubleshoot company-wide budget software for new company; train budget managers on use
• Develop methodology to allocate operational department expenses to product lines
• Produce weekly and monthly operational indicators and balance scorecard
• Act as financial liaison between product managers and senior management
• Develop forecasting and projection tools for product lines; produce monthly financial packages for senior management
• Established use of standardized ROI analysis template for use in evaluation of all capital and strategic projects

US

• Supervision of Financial Planning department of 350-bed community hospital in Southeastern Michigan; functional supervision of staff of financial analysts, reimbursement specialist, and clerks
• Assumed lead role in development of hospital operating and capital budgets
• Responsible for accuracy of hospital operating and statistical database; supervised its use
• Coordinated implementation of new general ledger system with department database
• Assumed lead role in hospital benchmark activities (MECON)
• Assisted in preparation of hospital cost report

Ann Arbor, MI, US

• Prepared monthly financial reports for on- and off-site programs
• Prepared monthly budget variance report and reviewed with Department Chair
• Prepared reports and gathered data for department benchmarking initiatives
• Assisted Manager of Finance in preparation of annual budget
• Managed accounting of program project grants
• Created and managed departmental grant funds database

Ann Arbor, MI, US

• Prepared monthly financial reports using Medical Service Plan Office, billing system and internal sources
• Prepared monthly faculty payroll expense reports
• Assisted in the preparation of the monthly department financial report
• Assisted Division Administrators in interpreting account activity and financial reports
• Reconciled faculty salaries on all General Fund, Teaching, and MSP accounts
• Prepared collection report by physician using IDX data

Ann Arbor, MI, US

• Prepared monthly financial reports and budgets in accordance with grant proposals
• Prepared account projections to determine spending trends and account status
• Interacted with other departments concerning account status
• Recommended corrective actions for accounts handled
• Reviewed and approved all expenditures on accounts handled
• Divisional contact for grant activity

Master Of Business Administration (Mba), Health/Health Care Administration/Management

Bachelor Of General Studies, Economics Concentration.