Clifford G. Johnson Email & Phone Number

New Haven, Connecticut, US

Managed all financial operations of a substance abuse rehabilitation enterprise during a private equity purchase. Led both day-to-day operations and responses to specialized information needs related to the transaction. Streamlined processes involving data flows between clinical information systems and financial systems to improve timeliness and quality of.

• Hired to provide needed financial expertise during management transition.Accomplishments include:
• Created database of information from the Sage/Peachtree accounting system to give management and other stakeholders a better grasp on the financial results of the company during the previous two years and the current.
• Achieved a clearer cutoff of cash transaction information to create restated financials for the enterprise.
• Assisted management in securing files and documents in accordance with HIPAA and other security standards.
• Provided other services as needed to assist management in streamlining operations of the company.

• A $12 million not-for-profit Federally Qualified Health Center (FQHC) providing primary health, behavioral health and dental services to underprivileged residents of East Hartford, Manchester, and Vernon. Hired to lead.
• Implemented a new general ledger system (MIP) in a very short timeframe to provide better reporting and control over company business units and grant-funded activities.
• Established appropriate cutoffs for the clinical and billing system, enabling the conduct of the yearly closing process and the creation of company financial reports.
• Established productivity metrics to better identify the financial performance of the operating units of the company
• Automated the production of regulatory financial statements
• Automated allocations of various expenses to the grant programs in accordance with government cost standards.

New London, CT, US

• A $12 million not-for-profit company providing advocacy, support, and health services to shoreline residents with mental health and substance abuse issues with over 160 employees throughout Norwich and New London...
• Established appropriate cutoffs for the financial systems of the company for the fiscal year ended June 30, 2013, enabling the conduct of the yearly closing process and the creation of company financial reports.
• Created new methods of reporting for the financial systems of the company, creating better management information
• Clarified reserve requirements for the yearend close.
• Created allocations of various expenses to the grant programs in accordance with government cost standards.

New Haven, US

• A $ 60 million Federally Qualified Health Center (FQHC), Hill Health has over 440 employees providing primary care, mental health, and dental services in locations throughout New Haven. Specific responsibilities include:
• Establishment of reliable expense allocation and management reporting processes that foster transparency and encourage accountability across the management group
• Led efforts to better utilize production reports from the clinical information system to improve management controls over the revenue cycle
• Assist in filing of required regulatory reports

Hartford, Connecticut, US

• A $ 32 million mental health and substance abuse provider within the Hartford Healthcare System.
• Assist in implementing new financial systems, following the migration of ledger and budget functions to systems compatible to the parent company.
• Provided continuity of reporting and budgeting of company and grant program activities utilizing both the legacy and new systems.
• Provided key guidance in the establishment of new accounting and budgeting processes.

Establishing financial operations for iConecto.iConecto is the leading experiential media company focused on superior health and performance. We utilize modern media and technology to fundamentally engage patients in their own healthcare.

A $47 million social service agency that manages healthcare for the elderly and the disabled.

Middletown, CT, US

A $48 million provider of primary healthcare, mental health, and dental services across multiple communities in Connecticut.

US

• A $60 million provider of remote cardiac telemonitoring services, serving all 50 states.[Sold to Royal Philips Electronics of the Netherlands, November 30, 2007]Chief Financial Officer/Vice President.
• Led the company to grow income from continuing operations from under 0.7% to 6.8% of revenue, from $430 thousand to $4.1 million in one year, despite lack of sales growth
• Improved collections of receivables resulting in additional $1.2 million of collections/year. [Patient encounters = 700,000 per year, resulting in 2.5 million bills per year]
• Downsized and centralized financial support functions
• Improved economic analysis of revenue recognition, correcting major flaws in the process
• Negotiated adverse IRS audit findings to save approximately $0.5 million

Waltham, MA, US

Contract Chief Financial Officer (CFO) to not-for-profit clients.

Consulted with clients in various industries, including healthcare and manufacturing.

A $32 million provider of home healthcare services throughout Connecticut.

HealthOnline was a B2C Internet Portal company serving the needs of large healthcare systems.

A $55 million provider of home healthcare services in Connecticut, New York, and Pennsylvania. SEC financial reporting (10K, 10Q, 8K, S1).

• A healthcare consulting firm, specializing in engagements with physician-owned startup companies.
• Providing financial, operations, and managed care expertise to healthcare clients in various consulting engagements, including acquisition and mergers of physician practices, startups of Medical Service Organizations.
• Assisted founder in pursuing a consolidation strategy, including dealing with potential financing partners and merger candidates.

• A publicly traded $360 million managed healthcare (HMO) company.
• Restructured and reorganized various financial functions, including tax processing, risk fund management, and receivables.
• Automated statutory reporting function.
• SEC financial reporting (10K, 10Q, 8K, S1)..

Farmington, CT, US

• A $200 million not-for-profit managed healthcare (HMO) company.
• Established actuarial loss reserving processes that significantly improved the quality and reliability of loss estimation.
• Reengineered the risk fund management and reporting process, resulting in greatly improved relations with the physician associations that provided services to the Company’s members.
• Restructured and re-staffed accounting operations, resulting in reliable ongoing financial operations and the bench strength necessary to cope with ongoing events.

Hartford, Connecticut, US

Responsible for Statutory and GAAP financial results for 61 insurance companies including Life, Health, Property-Casualty, and HMO companies. SEC reporting (10Q, 10K).

Hartford, Connecticut, US

Managed audits of computerized processes within the commercial property-casualty operations of Aetna Life & Casualty.

GB

Audited clients in many different industries, as well as assisting in consulting and tax assignments.

2010 Mit Cfo Summit

M.B.A., Finance & Insurance

M.S., Professional Accounting

B.A., Economics