Edward Carl Douglas personal email
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With a reputation for "making things happen," I have a history of helping healthcare organizations add to their bottom lines. My dual focus on increasing profits and motivating employees has enabled me to stabilize the finances of struggling facilities.In medical finance throughout my career, I have worked in hospitals, clinics, HMO corporations, and a hospice center. I also served in the US Army after earning my MBA and BS in finance and management.Through involved in nearly every aspect of financial operations, my key strengths include:FINANCIAL ANALYSISFrequently called upon to conduct in-depth financial analysis, my efforts have measurably impacted my employers. As just one example, I obtained a six-figure credit from a pharmaceutical distributor after performing a comparative analysis.PROCESS IMPROVEMENTFinding new ways to streamline financial operations has always been one of my favorite responsibilities. By developing repeatable processes, I have reduced invoice discrepancies and doubled the rate of collections.COST CONTAINMENTBy consistently seeking opportunities to reduce expenses and maintain cash flow, I have cut millions of dollars from operating, staffing, compensation and inventory costs. these strategies have not only increased profits - in some cases they have allowed organizations to continue operating.Along with typical financial functions such as planning, budgeting, forecasting, billing, accounts payable (A/P), accounts receivable (A/R), pro forma development, and reporting, I have played a key role in initiatives specific to medicine and healthcare. These have included physician compensation strategies, and the introduction of new patient services (such as telemedicine).Known for being a positive presence in even the most difficult situations, I have also developed a reputation for being able to work well with people across all levels.
Ecd
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Independent ConsultantEcd Jan 2014 - PresentChicago, Il• Consult on financial, organizational and project control issues for small/medium-sized organizations and start-up operations• Identify issues for a multi-county social service agencies strategic planning• Develop basic accounting and cash-flow systems for LLC• Review operations and finance systems by guiding clients to establish financial goals• Monitor financial situations by tracking changes in wealth and circumstances• Evaluate operations and finance systems• Provide recommendations for changes in goals and plans
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Fiscal DirectorAcademy Of Scholastic Achievement Mar 2023 - Sep 2023Responsible for the financial revenue cycle, and personnel operations of the Scholastic Achievement. • Reviewed prior years financial and audit reports- FY21 audit resulting in the revision of the FY21 audit and revision of the FY22 audited balance sheet.• Recommended changes in the production of the monthly financials • Revised/updated the Financial Procedures Manual,• Produced the FY23 and FY24 organizational budgets.• FY24 budget for five programs, oversaw the development of the F23 midyear budgets.• Collaborated Developed the RFP for selection of a new audit team analyzed RFP question responses and provided senior management team a detailed report with recommendations.• Developed data for line of credit application, addressed reviewing team’s questions
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Cfo/Director Of FinanceEcker Center For Behavioral Health Jul 2021 - Oct 2022Responsible for the financial and revenue cycle operations of Ecker Center and its subsidiaries. • Collaborated with auditors on three audits; one for corporate consolidation, two annuals – FY20, FY21 providing financial data, addressing audit findings. Identified errors in the initial consolidated audit. Changes to balance sheet’s cash and notes payable resulted in a positive variance exceeding $500K.• Oversaw financial software conversion to Blackbaud’s Financial Edge, NXT • Revised Ecker’s annual operating budget. Each program cost center now identified with a separate statement of activity. • Addressed issues, provided annual budgets for Ecker’s funding sources.• Collaborated with CEO in the development of a strategic plan to secure new sources of revenue and senior staff in improving operational efficiencies.
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Financial Controller/Financial Support3D Global Solutions Sep 2015 - Oct 2016Chicago, IlContracted with American Hospital Association and Education Trust • Designed, documented, and implemented the expense control program for the $38,000,000 Hospital Engagement Network program • Managed the expense processing/control functions for 1000(+) invoices and expense statements • Reviewed month-end financials by documenting issues pertaining to the program and providing account reclasses • Assisted in the HRET financial forecasting process• Provided support to staff regarding financial questions and issues
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Senior Manager, Pharmacy FinanceCancer Treatment Centers Of America® Jan 2000 - Oct 2013Schaumburg, Illinois And Zion, IllinoisSince Joining this privately-held cancer treatment network as a consultant, I advanced to roles as Financial Analyst, Senior Manager/Strategic Planning and Analysis, and Senior Manager/Pharmacy Finance.In my most recent position, I provided financial consulting to leaders of seven units and led profit-enhancement projects for the clinical areas. As just one example of how I contributed to the bottom-line, I acquired a six figure clawback by identifying and proving discrepancies within a pharmaceutical distributor's invoices. -
Chief Financial OfficerLifepath Hospice, Inc. Jan 1998 - Oct 1999Tampa/St. Petersburg, Florida AreaBrought on to direct all financial functions of this organization, I also held overall P&L responsibility. Along with leading a team in two locations, I completely revamped the financial infrastructure. Key accomplishments encompassed obtaining accreditation from The Joint Commission for the Durable Medical Equipment (DME) and medical supply units, and reducing expenses related to compensation contracts.Earlier in my career, I was employed by Sinai Health System, Shenandoah Community Health Center (SCHC), HealthGuard, Inc. Cannonsburg General Hospital, Whitaker Health Services, Inc. and United Healthcare. The roles I held included several leadership positions (VP of Finance, Director of Finance, and Operations Manager).Prior to working in finance, I served in the United States Army as a Military police Investigator.
Edward Carl Douglas Skills
Edward Carl Douglas Education Details
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Business Administration And Management, General -
Business Administration And Management, General
Frequently Asked Questions about Edward Carl Douglas
What company does Edward Carl Douglas work for?
Edward Carl Douglas works for Ecd
What is Edward Carl Douglas's role at the current company?
Edward Carl Douglas's current role is Independent Consultant | ECD.
What is Edward Carl Douglas's email address?
Edward Carl Douglas's email address is do****@****hoo.com
What schools did Edward Carl Douglas attend?
Edward Carl Douglas attended Northern Illinois University, Northern Illinois University.
What skills is Edward Carl Douglas known for?
Edward Carl Douglas has skills like P&l Responsibility, Financial Analysis, Cost Control, Financial Process Improvement, Revenue Cycle Management, Financial Operations, Proformas, Cash Flow Forecasting, Cash Flow Reporting, Financial Reporting, Budget Forecasts, Scorecard Management.
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