David Erps, Cpa Email & Phone Number

San Antonio, TX, US

San Antonio, Texas Metropolitan Area

Phoenix, Arizona, United States

San Antonio, Texas Area

• Key Financial Advisor to the CEO and Advisory Board for a Pediatric and Adult Durable Medical Equipment provider with $45M in gross annual revenue and 3 distinct operating entities. Also serve as the primary financial.
• Increased cash provided by operations from $250K in 2017 to $1.9M in 2018 (an 800% increase in just seven months).
• Spearheaded a game-changing new ERP system conversion from QuickBooks to Microsoft Dynamics Business Central with integration to Brightree to revamp the AR Collections/Revenue Cycle Management process, increasing.
• Eliminated a $1.5M line of credit by designing Financial Dashboards for the executive team and automating daily and weekly cash flow projections which completely transformed the cash flow status of the company.
• Assisted in finalizing the negotiations of a $721,500 lump sum payment on old outstanding accounts receivables from Medicaid Manage Care Organization.
• Reduced healthcare claim denial rate from 45% to 25% by implementing standard operating procedures from 2018 -2019.

Central Texas

• Spearheaded financial reporting for a Non-Profit residential community for adults with Intellectual disabilities and was the financial steward for $19M. Presented financials and related information to the board of.
• Generated $800K in cost savings related to labor costs by developing, implementing and monitor critical KPIs/labor metrics.
• Realized an additional $1,000,000 in past due receivables utilizing our in-house software, filling claims electronically.
• Implemented line-item budgeting resulting in a $250K reduction in overall expenses.
• Increased IT network reliability by 500% by installing a new virtual server, manageable switches and migrating to Office 365.MARBRIDGE FOUNDATION, Cont’d
• Reduced overtime $150K by converting the payroll system from SmartLinx to ExponentHR, utilizing Monarch software to obtain the necessary system conversion data. o Received the Research Information Optimization 2015.

San Antonio, Texas

• Leading Executive for a consulting firm providing specialized services to asset-based lenders.
• Saved over $10M by implementing a standard field exam report that eliminated the funding of borrowers that were out of covenant compliance, reported covenant compliance violations to loan portfolio managers, and.
• Reduced field exam costs by $600K system-wide (more than 60% per field exam) by automating much of the excel worksheet setup process and shifting the field exam worksheet preparation to the client (borrowers), reducing.
• Generated $50K in annual savings per borrower ($2.4M total) by implementing electronic online work papers for the field exams.
• Increased loans by developing trend reporting on the entire book of loans in a given portfolio.
• Assisted clients with merger and acquisition due diligence as need, both from the seller’s and buyer’s perspective.

Austin, Texas Area

• Provided executive-level or CFO services to 5 hospital-based physician groups primarily focused in anesthesiology and radiology.
• Recommended strategies and implementation plans for potential mergers and acquisitions and performed due diligence on all mergers and acquisitions, coordinating as needed with outside legal counsel and tax experts.
• Increased profits by $3M by implementing key performance metrics and benchmarks.
• Developed and implemented physician compensation plans for physician groups. Negotiated and evaluated hospital contracts ensuring their alignment with practice objectives regarding patient care and profitability.

Austin, Texas Area

• Launched a multi-million-dollar consulting firm specializing in revenue capture/accounts receivable recovery and successfully generated over $1.5M in new business in one year through strategic alliances.
• Sold MediSun Consulting to AmerOnc, Inc. for $4M in cash, assumed debt and led the merger and facilitated the acquisition due diligence process by liaising with outside counsel and editing 40+ acquisition documents.
• Directed all aspects of client engagements and operations and presented at national and state conferences promoting the company’s services: Collected millions in healthcare insurance receivables for over 100 physician.

Austin, Texas Area

Conceived, designed, and managed the development of our proprietary software that revolutionized claims recovery, reporting and invoicing.Sold MediSun Consulting to AmerOnc in 2006.

Austin

• Advised executives and boards and presented financials to inform profit-focused decisions at one of the largest health insurance institutions.
• Generated $5M in cash and profit by collecting on outstanding receivables that had been previously written off.
• Developed $2M in annual savings by monitoring medical cost and utilization trends, allowing Humana to target contracting efforts.Advised executives and boards and presented financials to inform profit-focused decisions.
• Developed $2M in annual savings by monitoring medical cost and utilization trends, allowing Humana to target contracting efforts.

• Led and empowered consulting teams at the 6th largest accounting and consulting firm in the United States and provided strategic consulting services to client executive leadership teams by identifying key initiatives.
• Led acquisition negotiations generating $9M in additional value for medical groups selling to hospitals.

Temple, Texas

Responsible for all aspects of a 56 providers multi-specialty physician practice with nine locations.Performed all relevant due diligence on proposed acquisitions from the corporate office.