Barbara Needham, Cpa, Mba

Barbara Needham, Cpa, Mba Email and Phone Number

Controller @
Barbara Needham, Cpa, Mba's Location
Mokena, Illinois, United States, United States
Barbara Needham, Cpa, Mba's Contact Details

Barbara Needham, Cpa, Mba personal email

n/a

Barbara Needham, Cpa, Mba phone numbers

About Barbara Needham, Cpa, Mba

► Resolving Barriers to Growth by Identifying Opportunities for Operational, Profitability & People Optimization ◄ As a SENIOR FINANCE LEADER, I’ve positioned multimillion-dollar healthcare organizations—DuPage Medical Group, Magna Health Systems, and Specialty Physicians of Illinois—to save $100s of thousands in wasted time and resources as well as propel efficiency, financial outcomes, and organizational growth. With a differentiating human resources background, I’ve built a career and reputation as a facilitative leader who develops more collaborative relationships than most and builds emotionally intelligent teams focused on adding deeper value to an organization over the long term. My philosophy has always been about making improvements that benefit both the company and employees.✔ Stepped in to lead the ADP go-live follow up issues, including coordination with senior leadership and communication with employees. (Morris Hospital)✔ Coordinated with CEO and investment broker regarding investments, including contributions and re-allocation of funds. (Morris Hospital)✔ Boosting finance department efficiency 25% with a 180-degree turnaround and streamlining the physicians compensation process for $60M medical practice—all while creating efficiencies in financial management, accounting, and reporting. (Specialty Physicians of Illinois)✔ Serving in a dual role as controller and HR director for a healthcare management system, I positively impacted my company, 3 surgery centers, an anesthesia group, and 110 employees after spearheading the introduction of a 401(k) match program—from new systems and vendors to contract negotiations. (Magna Health Systems)Connect with me to learn more about how I’ve engineered rapid operational transformations, process improvements, technology implementations, and culture changes.

Barbara Needham, Cpa, Mba's Current Company Details
Innovative Ventures

Innovative Ventures

Controller
Barbara Needham, Cpa, Mba Work Experience Details
  • Innovative Ventures
    Controller
    Innovative Ventures Mar 2021 - Present
    Innovative Ventures is the MSO for Metro Infectious Disease and Heartland Home Infusion.
  • Pipeline Health - Chicago Market
    Controller
    Pipeline Health - Chicago Market Oct 2019 - Feb 2021
    Responsible for managing and directing the day-to-day operations of the general financial operations, accounting, financial reporting, and accounts payable. Shortly after starting was given the responsibility of the payroll department. Maintains the general ledger, financial statements, and other financial reporting duties, including audits and regulatory reporting. In addition to the daily responsibility, I become an integral part of the Lawson Infor Implementation. Used my knowledge of physician practices to create individual physician financials statements that rolled up to department, location, and entity; scorecards, trended reports, and MOR presentation.
  • Morris Hospital
    Accounting Manager
    Morris Hospital Apr 2019 - Oct 2019
    Morris, Il, Us
    Responsible for managing and directing the day-to-day operations of the general financial operations, accounting, financial reporting, budgets, accounts payable. Maintains the general ledger, financial statements and other financial reporting duties, including audits and regulatory reporting.
  • Morris Hospital
    Project Manager Practice Acquistion ✔Financial Analysis✔Contract Negotiations
    Morris Hospital Jul 2018 - Apr 2019
    Morris, Il, Us
    Provide support to Morris Hospital & Healthcare Centers in the expansion of practice acquisition. Coordination between departments including information technology, laboratory services, budgeting, marketing, payor credentialing and onboarding. Act as a point of contact and provide guidance and direction during the acquisition process. Develop financial analysis including Pro-Formas and budgets. Assist with Letter of Intent, employment agreement and contracts including real estate purchase and/or lease agreements.
  • Vanderloo Financial Services
    Interim Cfo ✔Finance Operations ✔Process Optimization ✔Non Profit
    Vanderloo Financial Services Apr 2018 - Jul 2018
    Provide consultative services to help strengthen and provide financial support and accountability. Charged with developing a transition plan for the finance department for a non-profit organization which service youth and families confronting homelessness.Developed a daily cash management monitoring to ensure needed funds were available. Created cash projection through year end for leadership. Obtained necessary knowledge of grants to prepare and submit FY18 amendments for City of Chicago; created and submitted FY19 budgets for IDHS. Worked with director of operations to ensure grant programs had sufficient budget to support additional staff.
  • Specialty Physicians Of Illinois
    Finance Director ✔Finance Operations ✔Change Management ✔Process Optimization ✔It Implementations
    Specialty Physicians Of Illinois Sep 2014 - Jan 2018
    Not one to shy away from a challenge, I took on the executive director’s mission to turn around a finance department that was understaffed and without leadership for 1.5 years. By adding 3 employees to finance and coding, restructuring staff functions, and improving processes, ►finance department efficiency quickly escalated 25%.After turning around department performance and morale, I went on to optimize financial reporting and transparency, finance budgeting, processes for 5-year projections and physicians compensation, and daily operations—all while steering finance functions on 5 company acquisitions.The first secret to change leadership for me has always been keeping an open mind and really listening to others’ ideas. I find that if you don’t listen—especially to your teams—you miss opportunities. The second is not allowing a fear of failure to drive decision-making. Change is a result of trial and error, therefore it’s always been important for me to accept that not all ideas are perfect or will work the first time. Just persevere. In due time, success will come.In order for change to stick, it means getting the entire culture—from the top down—behind the idea. Then when you run into a problem, everyone is invested in coming up with solutions to fix what went wrong to reach a successful conclusion.More Success Highlights----------------------------► Improved physician productivity, reimbursement, care delivery, and value-based care across 10 sites by overhauling physician compensation metrics and tracking.► Saved $10s of thousands in HR recruiting costs and commercial leases, the latter of which enabled senior leadership to channel the savings toward a suite remodel and build-out.====================About the Practice: $60M medical practice, wholly owned subsidiary of Franciscan Alliances • 350 employees and 80 physicians / advanced practitioner providers
  • Magna Health Systems, Llc
    Controller ✔Finance Operations ✔Process Optimization ✔Technology Upgrades ✔Hr Management
    Magna Health Systems, Llc Aug 2012 - Sep 2014
    Bedford Park, Illinois, Us
    Originally hired to lead strategic finance functions, my change management list included ►enhancing internal control systems and processes, ►advising the board of directors on streamlining opportunities for finance and operations, and ►improving quarterly financial statements for 7 independently managed corporations.Finance and accounting always made sense to me, because numbers are always black and white and two plus two always equals four. But when it comes to people, the greatest thing I’ve learned is leaders need to think in shades of gray.After the dismissal of the human resources director, I decided to expand my leadership scope and added HR to my repertoire, including payroll and benefits. Delving into the people side of business, it meant interpreting situations from other vantage points—taking into consideration what drives people and how they communicate and make decisions—to find the best solution for the project at hand.That type of leadership thinking was the key to success in ►maximizing service areas for finance, accounting, treasury, payroll, and HR—and positively impacting Magna Health Systems, 3 surgery centers, an anesthesia group, and 110 employees. More Success Highlights----------------------------► Introduced Magna’s 401(k) match program for 110 employees, negotiated deal with Merrill Lynch as the new benefits broker, and changed the payroll and 401(k) vendor—saving 3% in costs and hours of monthly payroll processing time.► Elevated employee satisfaction with a new health plan offering and multi-line insurer to manage life insurance and benefits. Sparked 15% greater enrollment efficiency and 3% less time spent on benefits selection during open enrollment by making benefits enrollment accessible online.
  • Dupage Medical Group
    Accounting Manager ✔Finance Operations ✔Process Optimization ✔Technology Upgrades ✔Team Training
    Dupage Medical Group Jan 2006 - Aug 2012
    Downers Grove, Il, Us
    With my second promotion at DuPage, I was charged by the CFO to take over an underperforming 7-member team that supported 40 locations with accounting operations, closing, reporting, and reconciliations. My philosophy for both work and life has always been to be a fair-minded leader and straightforward, genuine communicator. People always know where they stand with me. Applying that philosophy to unite the finance department and advocating employee training and development, it wasn’t long before ►team production levels and morale rose significantly. DuPage set up several new corporations at the time, during which I managed and ►simplified the application process for new business licenses, tax ID numbers, and state payroll IDs.More Success Highlights----------------------------► Accounts Payable (AP): Raised department efficiency 25% and saved $20K per month in duplication of efforts with a staff restructure, new automated AP system and vendors, and standardized invoicing.► Credit Card Processing: Triggered 3% cost savings in card processing efforts—along with reporting, tracking, and functionality improvements—via new online technology and vendor negotiations.► Electronic Check Deposit: Stopped check processing delays, time-consuming process, and tracking issues with new internal forms and automated technology. ►1099 Software: Improved payroll accounting and eliminated errors.====================About the Company: $500M privately held medical services group serving western and southern suburbs of Chicago • 250 physicians and 2,000 employees
  • Dupage Medical Group
    Senior Staff Accountant ✔Finance Standards ✔State Compliance ✔Service Improvement ✔Team Training
    Dupage Medical Group Jul 2004 - Jan 2006
    Downers Grove, Il, Us
    Growing up, I learned a lot from my father about work ethics—completing a task and doing a job well no matter what. After being promoted, I saw an opportunity to apply that learning to ►elevate accounting department’s reputation from inexact and slow moving to error-free quality and fast service. During this time, I also created process uniformity within daily accounting and budgeting to improve efficiency.More Success Highlights----------------------------► Implemented finance standards, processes, and staff training to ensure compliance with State of Illinois’ newly introduced regulations for unclaimed property.► Fast-tracked monthly bank reconciliations with Excel-based process that simplified transaction matching.
  • Dupage
    Staff Accountant ✔Journal Entries ✔Account Analysis ✔Audit & Budget Preparation ✔Compliance
    Dupage Nov 2001 - Jul 2004

Barbara Needham, Cpa, Mba Skills

Healthcare Management Leadership Financial Reporting Financial Statements Financial Analysis Process Improvement Monthly Close Process Year End Close External Audit Management Corporate Tax Preparation Forecasting Budgets Policy And Procedure Internal Controls System Assessment/integration Mentoring Staff Development Conflict Resolution Contract Negotiation Team Leadership Physician Relations Physician Compensation P&l Ownership Cost Accounting Us Gaap Consolidated Financial Statements Cost Control Analysis Accounting Balance Sheet Review Accounting Applications Asset Managment Accounts Payable Benefits Administration Employee Relations Account Reconciliation 401k Administator Human Resources Hipaa Fixed Assets Risk Management Insurance Treasury Management Microsoft Excel Data Analysis Information Technology Finance Coding And Reimbursement Budgeting Management Analytical Skills

Barbara Needham, Cpa, Mba Education Details

  • Concordia University Chicago
    Concordia University Chicago
    Master Of Business Administration - Mba
  • North Central College
    North Central College
    Accounting

Frequently Asked Questions about Barbara Needham, Cpa, Mba

What company does Barbara Needham, Cpa, Mba work for?

Barbara Needham, Cpa, Mba works for Innovative Ventures

What is Barbara Needham, Cpa, Mba's role at the current company?

Barbara Needham, Cpa, Mba's current role is Controller.

What is Barbara Needham, Cpa, Mba's email address?

Barbara Needham, Cpa, Mba's email address is bn****@****ast.net

What is Barbara Needham, Cpa, Mba's direct phone number?

Barbara Needham, Cpa, Mba's direct phone number is +163094*****

What schools did Barbara Needham, Cpa, Mba attend?

Barbara Needham, Cpa, Mba attended Concordia University Chicago, North Central College.

What skills is Barbara Needham, Cpa, Mba known for?

Barbara Needham, Cpa, Mba has skills like Healthcare Management, Leadership, Financial Reporting, Financial Statements, Financial Analysis, Process Improvement, Monthly Close Process, Year End Close, External Audit Management, Corporate Tax Preparation, Forecasting, Budgets.

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