Katherine B. Email & Phone Number

United States

United States

Ohio, United States

Supporting the Chief Financial Officer and Chief Integration Officer • Coordination of all Finance integration activities for newly acquired practices, including both pre and post-closing items.• Liaison with M&A team on pre-close activities, including quality of earnings (QoE) review, funds flow, and purchase price allocations• Prepare all purchase price and opening balance sheets entries, including cash to accrual adjustments, for the Corporate Accounting team.• Manage the creation, set up of new entities and loading of historical trended financials into ARC’s accounting platform (Sage).• Manage post-closing integration for month-end close, treasury and payroll through the remainder of the integration period.

United States

Finance Project Lead for Epic Implementation

Cleveland, Ohio, United States

Alteon Health is one of the largest physician-owned and physician-led acute care medical groups in the United States. Comprised of 800 physicians and 500 APPs across 200 practice locations in 17 states, Alteon Health serves nearly 2 million patients annually. In 2022, Alteon Health entered into an agreement to join US Acute Care Solutions (USACS), the national physician-owned and led leader in integrated acute care.Guided a team of 14 responsible for financial reporting, general accounting, treasury and accounts payable. Drove process improvements to allow for accurate and timely financial reporting. Created communication channels across the administrative team to improve the support of key stakeholders. • Key team member for the due diligence process and bond offering on an accelerated timeline.• Condensed the month-end close process from 30+ days to a consistent 8-day schedule.• Driving force behind improvements in the patient revenue recognition to allow for reliable estimation of unposted visits and consistent cash per visit metrics.• Implementation of accrual policy for physician performance-based compensation.• Transformed the relationship with the Financial Planning and Analysis team by creating an inclusive and collaborative environment between the teams resulting in significant improvements in the budgeting process.• Managed the financial statement audit to ensure compliance with financial obligations. Completed 2020 audit with zero adjustments and 3 months earlier than the prior year.

Cleveland/Akron, Ohio Area

As Assistant Controller, I oversee a team of 26 individuals who are responsible for payroll, accounts payable, grant compliance, financial reporting, and general accounting. I drive alliances and improvements across my own group, internal departments, and the entire organization. ✓ Financial & Strategic Planning✓ Cross-Functional Leadership✓ Operational Efficiency➤ Transform fractured team into streamlined, forward-thinking unit. Restructured department and resolved pre-existing backlog of 8,000+ unprocessed expense reports. Decreased payment turn-around of employee expense reports from 2 months to 2 weeks. ➤ Work with external auditors and internal departments to conduct financial statement audits and ensure compliance with financial obligations. Completed 2017 audit with zero adjustments. ➤ Build and motivate teams through performance appraisals, career development, orientation, and employee training. ➤ Enhance accounts payable practices by standardizing AP department forms, overhauling inefficient department processes, including AP representative keying and batch release process.➤ Development of the OnBase workflows and reporting to allow electronic receipt of non-purchase order items, electronic approval of service invoices, and statistical reporting. ➤ Ensure accuracy and timeliness of internal and external financial statements and compliance with GAAP, GASB, and FASB. Present findings and recommendations to senior leadership.

Cleveland/Akron, Ohio Area

As a result of my promotion to Director of Accounting and Financial Reporting, I took on increased responsibility for the Financial Reporting and Grants team and served as the point person for the month-end close process. I directed Accounting to achieve their financial, operational, and strategic goals and recommended enhancements to policies, ensuring optimal controls and efficiencies. ✓ Bottom-Line Improvements✓ Process Optimization✓ Systems Implementation✓ People Management➤ Integral team member for $950M bond financing. Accelerated 1st quarter close to 3 days from typical 5-days to allow stub period review by auditors for May bond offering.➤ Integrated income statement reporting for $14M Healthspan site initiative. ➤ Oversaw grant reporting responsibilities after an increase in grants from $7.7M to $10M.➤ Led education and change management initiatives around OPERS pension liability. ➤ Condensed audit time by 30 days, allowing for more efficient year-end reporting to stakeholders. ➤ Implemented cloud modules to automate cash/close processes previously done in Excel and on paper. Enabled team to close cash on Day 1 vs Day 2 of month-end close.

Cleveland/Akron, Ohio Area

As the Senior Manager of Accounting—Financial Reporting, I supervised 4 staff accountants and managed the monthly close process and issuance of annual audited financial statements. I ensured quality financial statements through attention to detail, use of analytical tools, and compliance with technical guidance. I also served as the primary contact for external auditors.✓ Financial Statements✓ Revenue Cycle✓ Month-End Close✓ System-Wide Programs➤ Oversaw financial statement preparation process with direct responsibility for reconciliations of patient accounts receivable, property, investments, debt, and self-insured liabilities.➤ Coordinated with the hospital’s revenue cycle and reimbursement departments on a monthly basis to ensure proper reporting of contractual obligations and allowance for doubtful accounts. Led the finance team in the transition from the SMS to EPIC platform. ➤ Enhanced processes involving contractual reserve model, self-insurance evaluation, and contractual rate/volume variance.➤ Developed educational programs on accounting policies, including general ledger and cash accrual.

Cleveland/Akron, Ohio Area

As an Audit Manager, Senior Auditor, and Bookkeeper for various firms, I was responsible for organizing and overseeing internal audits in accordance with annual audit plans, which often involved managing a team of auditors. After overseeing the review process, I executed the necessary recommendations to change policies, implement new systems, and address employee roles and team structures. Audit Manager | Plante & Moran | 2008–2011Senior Auditor | CBIZ Inc. | 2003–2008Staff Auditor |CBIZ Inc. | 1999–2003Bookkeeper | Aktabase Technology Company | 1998–1999Logistics Support | VanStar Corporation | 1996–1997Bookkeeper | Suburban Maintenance & Construction, Inc. | 1994–1995