As a Healthcare Finance leader, I have cultivated a passion for collaborating with health systems to optimize their financial performance and developing equitable physician compensation models.My expertise lies in:• Forging strategic partnerships with key stakeholders to drive positive outcomes in physician
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Asst. Director Of Finance, Partners Physician GroupCleveland Clinic Akron General May 2016 - Dec 2023Cleveland/Akron, Ohio AreaOversaw the business and financial management of all areas under Partners Physician Group (PPG), consisting of 30+ multispecialty/multisite practices and 370+ provider FTEs. Focus on physician compensation modeling and payment. Maintained duties and responsibilities for the ASC from previous role.• Facilitated the recruitment / acquisition of 275+ new physicians including compensation structure, contract development, and negotiation.• Oversaw the preparation of bi-weekly physician… Show more Oversaw the business and financial management of all areas under Partners Physician Group (PPG), consisting of 30+ multispecialty/multisite practices and 370+ provider FTEs. Focus on physician compensation modeling and payment. Maintained duties and responsibilities for the ASC from previous role.• Facilitated the recruitment / acquisition of 275+ new physicians including compensation structure, contract development, and negotiation.• Oversaw the preparation of bi-weekly physician payroll changes, reconciliations, and bonus calculations for 240+ physicians.• Responsible for the hiring, training, and supervision of a team of 3 financial analysts.• Orchestrated, developed, and monitored annual operating budgets, investigating variances and providing recommendations for corrective action when necessary. • Led and directed the development of operating performance measures and presented monthly performance analyses to PPG and Hospital leadership, including volume, financials, provider productivity / growth.• Partnered with Revenue Cycle Management to assist with billing inquiries and issues. • Developed long-term forecasts through the use of financial analysis and comparative data.• Prepared pro formas for new programs and changes to operations. Show less -
Senior Financial AnalystCleveland Clinic Akron General Jan 2013 - May 2016Akron, Ohio, United StatesManaged the finance and business operations of the for-profit, joint venture Ambulatory Surgery Center (ASC) and Edwin Shaw Rehabilitation Institute (ESRI). Continued to perform all previous responsibilities listed below for both the ASC and ESRI.• Directed business activities, financial planning and analysis, budgeting, and reporting (5,500+ annual cases for ASC).• Served as the main point of contact for Directors, Managers, and Board Members regarding financial planning, reporting… Show more Managed the finance and business operations of the for-profit, joint venture Ambulatory Surgery Center (ASC) and Edwin Shaw Rehabilitation Institute (ESRI). Continued to perform all previous responsibilities listed below for both the ASC and ESRI.• Directed business activities, financial planning and analysis, budgeting, and reporting (5,500+ annual cases for ASC).• Served as the main point of contact for Directors, Managers, and Board Members regarding financial planning, reporting, and related matters.• Presented volume, financials, new procedure profitability, as well as potential operational efficiencies at quarterly Board Meetings and Annual Investor Meetings. • Calculated and requested distribution payments for physician and hospital investors. • Established financial projections and pro formas related to new procedures and monitored results. • Played a pivotal role as part of a ten-member team in developing and implementing strategic initiatives for the health system, which included the establishment of 5 new Urgent Care locations. Show less -
Financial AnalystCleveland Clinic Akron General Dec 2010 - Dec 2012Akron, Ohio, United StatesDirected daily business and financial management of the ASC.• Pioneered, implemented, and monitored annual operating and capital budgets.• Constructed financial projections and pro formas for new surgical procedures.• Investigated and implemented cost-saving strategies with various product and service vendors, etc. • Produced annual benchmarking goals against similar entities to ensure operating efficiencies.• Generated and presented materials for Board meetings.• Led… Show more Directed daily business and financial management of the ASC.• Pioneered, implemented, and monitored annual operating and capital budgets.• Constructed financial projections and pro formas for new surgical procedures.• Investigated and implemented cost-saving strategies with various product and service vendors, etc. • Produced annual benchmarking goals against similar entities to ensure operating efficiencies.• Generated and presented materials for Board meetings.• Led year-end audit and inventory in collaboration with an outside accounting audit firm.• Marketed the ASC and developed working relationships with collaborating physicians and office staff. Show less -
Treasury AnalystFirstenergy Nov 2006 - Aug 2009•Responsible for the formulation and execution of FirstEnergy’s finance plans including coordinating the issuance of securities in the capital markets•Developed interest expense budgets for five year financing plan•Managed and developed external relationships with individuals in the corporate banking, investment banking, securities law and fixed income investment communities • Managed day-to-day execution of Interest Rate Risk Management Program•Developed executive level… Show more •Responsible for the formulation and execution of FirstEnergy’s finance plans including coordinating the issuance of securities in the capital markets•Developed interest expense budgets for five year financing plan•Managed and developed external relationships with individuals in the corporate banking, investment banking, securities law and fixed income investment communities • Managed day-to-day execution of Interest Rate Risk Management Program•Developed executive level presentation materials for use in communications to board members, the banking community, and other stakeholders•Responded to institutional investor, credit bank, auditor, and rating agency requests Show less -
Assistant Financial AnalystFirstenergy Solutions Jan 2006 - Nov 2006•Performed investment analysis of various capital budgeting projects, including NPV and ROI analysis•Assisted in the creation of new FirstEnergy Solutions economic evaluation model•Created annual department budget and forecasts -
Supervision & Regulation InternThe Federal Reserve Bank Of Cleveland May 2005 - Dec 2005•Assisted in the composition and writing of internal and external publications•Performed trend Analysis•Researched various topics in the banking industry
Kimberly Stang, Mba Education Details
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Finance -
Corporate Finance
Frequently Asked Questions about Kimberly Stang, Mba
What is Kimberly Stang, Mba's role at the current company?
Kimberly Stang, Mba's current role is Finance Director, specializing in Healthcare and Physician Compensation. Proven leader who → Drives results → Improves financial performance → Develops, negotiates, and calculates provider compensation..
What schools did Kimberly Stang, Mba attend?
Kimberly Stang, Mba attended The University Of Akron, The University Of Akron.
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