David Willie Email & Phone Number

Eden, Ut, Us

Us

A senior level financial executive with extensive experience in all aspects of health care finance including revenue cycle improvements, cost reductions, banking relationships, debt and investment management, and strategic and financial planning. Effective in analysis of proposed projects and review of existing projects and programs for financial improvement. Experienced in negotiations with managed care organizations, joint ventures and affiliations.

Increased annual collections by $12 million. Reduced operating loss in physician group by $8.6 million annually. Recapitalized medical office buildings generating $92 million in cash. Reduced accounts receivable days form 63 to 41 generating $31 million in cash. Issued $113 million Variable Rate Demand Bonds refunding auction rate bonds saving $4 million annually in interest costs. Negotiation team member that resulted in successful affiliation with PeaceHealth. Credit rating improved from "A Negative Outlook" to "A Stable Outlook".

Reduced Accounts Receivable by 59 days generating $20 million in cash. Decreased Bad Debt by $8 million per year. Increased total cash on hand by $261 million. Issued $120 million and $82 million in bonds to fund organization expansions. Increased annual investment returns form $900 thousand Reduced to $15.5 million. Reduced expenses by $8 million throughout organization. Created provider sponsored PPA covering 30,000 lives. Credit rating upgraded from A/A to A+/A1.

Reduced uncompensated care from 7.4% to 5.3% resulting in annual savings of $5.6 million. Reduced accounts receivable days by 31 generating $13 million in cash. Refunded outstanding bonds for a savings of $3.9 million. Credit rating upgraded from A to A1.

Master Of Business Administration (M.B.A.), Business Administration And Management, General

Bachelor Of Arts (B.A.), Accounting