Karen Everhart Email and Phone Number

Self-employed, specializing in health care and nonprofit finance and accounting

Maintained the books and records of the church and its preschool; helped maintain business relationships with banks, vendors and ministry leaders; reported financial results for the church and its ministries to staff and lay leadership; recommended and implemented improvements to internal controls and accounting processes; assisted in the selection and training of the permanent director.

Provided technical support for completion of $600 million 2008 bond issueOrganized 2-day seminar for 45 key financial staff membersProvided guidance on generally accepted accounting principles and audit issues

Actively participated in system-wide process improvement initiatives that ultimately led to SSM being the first MBNQA health care award winnerDesigned and implemented system-wide accounting and internal control policies and procedures to meet financial reporting; developed training to support implementation Participated in growth initiatives that led to service expansion, new facility development and provider acquisitions Through selection and coaching, upgraded the competencies of the Corporate Finance Department: implemented self-directed staff work teamsCo-led the process to select an ERP vendor and develop the implementation plan; participated in the steering team that approved the design and oversaw the implementation, on time and on budget; formulated new approaches to streamline business practices and take advantage of the power of these new technologiesAs a key leader of the system-wide treasury program:Assisted in the restructuring of the system's debt to reduce the overall cost of capital, create risk diversification and simplify the master trust agreementCoordinated with underwriters and bond counsel to complete four bond issues amounting to over $1 billion of debt that was utilized to pursue key strategic initiativesManaged the $2.5 billion centralized investment program that achieved returns in excess of the benchmarks without introducing unacceptable risk to the portfolio. Days cash on hand increased from 174 to 228 as of December 31, 2007In concert with a multidisciplinary team, developed an integrated strategic, financial and human resource long range planning process Redesigned of the system charity and patient-friendly billing practices Developed performance indicator reporting systems that provided a balance scorecard for hospital, regional and system leadersImplemented a leading-practice capital planning and allocation system

Eight years of public accounting experience with large, international accounting firmsProgressive health care finance responsibility in hospitals and a health care system in Northern California

TECHNOLOGY USER EXPERIENCEOffice systems including Word, Excel (including macros), PowerPoint, Access, Lotus Notes, VisioERP - SAPLegacy - McKesson, KronosBudget and financial planning - EPSI, ENUFF