Sr. Vice President Finance And Managed Care, Cfo
Reporting to Chief Executive Officer. Accountable for providing leadership of financial and treasury operations. Directed Managed Care contracting and operations of system’s professional risk-bearing Physician Hospital Organization covering nearly 20,000 lives. Demonstrated ability to deliver consistently strong operating results even in challenging environments.• Budget Management –Skilled in identifying and implementing changes to make financial plan. Exceeded financial plan for seven of the last ten years.• Financing – Implemented bond issues. Negotiated swaps. Maintained banking relationships, investment portfolio, pension plan activities and other treasury functions. • Managed Care – Managed third party payer contracting. Managed PHO. Founding Board member of ACO designed for PPO and Government sponsored risk sharing contracts. • Real Estate – Responsible for assemblage, land planning and annexation of 200+ acre TOD. Procured portfolio of several hundred acres of raw land, as well as scores of residential properties for prior campus expansion. Negotiated ground leases for on-campus MOBs and maintained off-campus MOBs. • Construction of 289 bed Replacement Hospital – Co-Chair of Committee that issued Master Facilities Plan, RFP for architectural and construction management, design, value engineering, fit-out and move in and ramp-up. Hospital inpatient volumes increased 25% while operating results have been 15% above projected levels.• Cost Reduction – Co-led team which implemented $2M in annual cost reduction and process savings the last three years. Identified, designed and implemented multiple staffing reduction programs.• Acquisition and Divestiture – Managed divestiture of renal dialysis unit, and physician practices. • Investment Portfolio – Provided guidance to restructure investment portfolio. Portfolio has consistently outperformed its component and composite benchmarks.
