Bill Cusick Email & Phone Number

Neptune, New Jersey

https://premieradvisoryservicesllc.com A healthcare financial and operational management firm offering a variety of professional services enabling clients to operate in an efficient and cost-effective manner. PREMIERs' professional staff has actual operational experience in healthcare administrative (CFO, COO) operations, financial, regulatory and audit.

Neptune, NJ 07753

• The Spinnaker Group is pleased to announce the consolidation of two quality healthcare consulting companies that specialize in providing c-suite executives with innovative advice. The Spinnaker Group and Premier.
• Bond Compliance & Loan Agreement Compliance
• 340b Compliance Reviews & Program Development
• Board Self-assessment Reviews
• Community Health Needs Assessments
• Cost Reduction Program Reviews

Greater New York City Area

Contract Healthcare CFO with a proven track record leading healthcare organizations in day to day operational financial and transition experience. Project leader managing healthcare institutions special projects defining and completing tasks for successful outcomes. Specialties included the overseeing the upgrading of IT clinical systems, medical records.

Greater New York City Area

Corporate restructuring and recovery professional who provides a wide range of financial advisory consulting services (Bankruptcies) needed to assist healthcare companies to effectively make informed decisions involving complex corporate restructuring issues as debtor's financial advisor, operations, patient care ombudsman and interim chief financial.

Greater New York City Area

Tatum is a leading management and advisory services firm offering hands-on strategic, financial and technology solutions that measurably improve business performance. Teams of Tatum executive leaders and consultants help companies navigate critical points in the business lifecycle and execute their strategic initiatives. We serve the offices of the CFO.

Passaic NJ

• Successfully guided the Hospital (in medically underserved area) out of the Bankruptcy in seven (7) months and emerged as the only standalone New Jersey Hospital to achieve that status, stabilized hospital operations.
• Increased net revenue $13 million in eighteen months through the restructuring and upgrading the entire revenue cycle process reduced the denial rate 15% and reduced the DNFB from 25 days to less than 10 days. In.
• Develop a physician portal for the Medical Staff, physicians can now access their patients records remotely & electronically sign their records. This contributed to the reduction of the DNFB and increased cash flow.
• Reduced operating expenses $3.5 million over a two year period through a new GPO contract, new supplier contracts and the standardization of supply purchasing.
• Created & chaired the Hospital’s wide Value Analysis Committee to standardize supplies.
• Successfully developed and implemented strategic and operational plans for the finance department that addressed the mission, medical staff development issues (Physician Portal), HIPPA, charity care and patient access.

Wall, NJ & New Orleans LA

• Contract CFO for six bankrupt Behavior Health hospitals and assisted in liquidating the operations, mandated by the US Bankruptcy Court.
• Provided financial strategic consulting to hospitals/health systems, governmental agencies, managed care organizations, law firms and physician groups on alternative models of care and new lines of business.
• Prepared physician practice valuations for acquisitions’ (primary care, orthopedics, cardiology etc,) to establish a MSO for a large health system and physician practices for merger or acquisition for market share.
• Multiple interim financial contract management of multi-specialty physician group (HIV Aides) included operations, finance, and grants management of $3 million of grant funding, streamline and improve operations.
• Prepare Feasibility studies and grant applications that converted clinics, physician practices to Federally Qualified Health Centers (FQHCs) for Hospitals, Physicians, local governments & free standing clinics..

Philadelphia, PA

• Merged two financially distressed hospitals in the US Bankruptcy Court both located in medically underserved areas. Responsibilities included daily court proceedings, development of the Plan of Reorganization, included.
• Converted one hospital’s original taxable bond issue from taxable to a new tax exempt issue.
• The merger included consolidating all operations, inpatient surgery, emergency departments and contract negotiations for all financial operations of the new system. The result was a single multi hospital system.
• Increased net revenue $3 million through Revenue cycle improvements and new provider contracts.
• Reduced operating expenses of the two institutions $2.5 million in three years through standardization, new vendor contracts & implemented cost containment programs system including outsourcing the IT Systems.
• Responsible for the Prison Health Care Contract (lock inpatient unit) with the City of Philadelphia including the oversight of the inpatient unit in the Hospital and offsite clinic sites at the prisons.

Randolph, NJ

• Served in multiple interim CFO positions in NJ (6 -12 month time periods).
• Technical assistance on the implementation of the DRG & then the NJ all payor DRG reimbursement system (conversion of per diems to DRGs from all payors).
• Prepared Feasibility Studies and Bond Documents for Hospital refinancing for capital expansion.
• Preparation & review the firms’ clients Medicare/Medicaid Cost Reports and reimbursement appeals.
• Prepared Certificate of Need applications.
• Installed the Company’s cost accounting systems in five hospitals.

Philadelphia, PA

• Instituted cost savings and standardization of service lines reduced operating costs 8%.
• Negotiated the new reimbursement rates with third party payors result increase revenue $5 million annually.
• Upgraded IT Systems software to enhance the revenue cycle process & increase patient revenues $3 million.
• The original Hospital Building was an underperforming asset and converted to a Medical Arts Building for Allied Health Programs & physician offices accessing funded depreciation reserve for construction costs.

Newark, NJ

• .
• Prepared & managed three operating budgets in a year’s time period, the hospital moved to a new location which included the old hospital, transition (move budget), & new hospital budgets for a University Health.
• Revised prior years Medicare cost reports & recovered $10 million in reimbursement for the Hospital

Middleton NJ

• Prepared SEC 10Q & 10Ks for 400 bed Nursing Home System, $100 million in annual revenue
• Financially managed $350 million of construction projects over the three years

Newark NJ

• Prepared Hospital Medicare, Medicaid & NJ Blue Cross Cost Reports for clients
• Audit Cost Reports for Two Intermediaries
• Audited & Prepared Hospital Certified Year-end Financial Statements

Bs Accounting, Accounting

BS in Accounting, minor Economics

No Degree Only Courses, Hospital Administration

College Prep In Business, Accounting And Finance