Mike Nelson Email and Phone Number
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As a financial executive for over 30 years, I have been involved with all financial aspects of hospitals, working in both the for-profit and the not-for-profit environment, and in various types of institutions, including acute, behavioral health, and long term acute care. My experience includes areas such as decision support, revenue cycle, budgeting and reimbursement and general accounting. I have been viewed as an educator and mentor who is able to train and develop his staff to their fullest potential. In addition, I have taught a class in the MBA program at a local university on the economic and financial aspects of the health care system.I retired from my previous position approximately three years ago. I am looking to find a position that utilizes my skills on either a part time or temporary basis.
Chicago Behavioral Hospital
View- Employees:
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RetiredChicago Behavioral Hospital Jun 2020 - PresentDes Plaines, Illinois, United States -
CfoChicago Behavioral Hospital Nov 2017 - Jun 2020Des Plaines, Illinois -
PresidentM Nelson Consulting Jan 2007 - PresentProvided consulting and interm management services for various health care organizations. Projects included controller for a health system, director of finance for hospital in bankruptcy, and assistance with year end audit work. Also have experience working with a clinically integrated organization during the initial year of operations. This included analysis of potential revenues and expenses under various assumptions.
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ControllerMagna Health Systems, Llc Dec 2014 - Nov 2017Bedford Park, IlFinancial Responsibilities for Ambulatory Surgery Centers along with a group of Anesthesiologists.. -
CfoRiveredge Hospital Dec 2008 - Jul 2012•Responsible for all financial aspect of two entities: Riveredge Hospital is a 210 bed psychiatric hospital. Chicago Children’s Center is a 40 bed unit located in a Chicago area hospital, but which is managed by UHS.•Developed numerous reporting tools to help manage staffing levels and expense control, resulting in staff and expense reductions to meet and exceed budget.•Identified opportunities to reduce the number and amounts of denials from managed care companies by almost 75%•Continuously showed improvement in the contribution margins at both entities for each of the past three years.•Reduced the supply costs for the facilities on a per patient day basis•Maintained collections at or above cash collection goals (100% of net revenue) on a regular basis•Transitioned the financial reporting to new software when PSI, Inc. was acquired by UHS.•Managed Finance, Accounts Payable/Payroll, Patient Accounting, Materials Management, Information Technology and Dietary
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ControllerProvena St. Mary'S Hospital 2004 - 2007Responsible for financial functions, including Payroll, Accounts Payable, Reimbursement, Budgeting and General Accounting.
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CfoKindred Healthcare (Chicago North And Chicago Northlake) 1999 - 2003•Responsible for all the financial aspect for these long term acute for-profit facilities, including general accounting, payroll, accounts payable, accounts receivable and material management.•Increased cash collections to over 100% of targeted amount.•Scored the highest available ranking by the corporate internal audit department.
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ControllerMichael Reese Hospital 1997 - 1998 -
Division ManagerVha 1987 - 1992Provided support for a productivity comparison tool to over 100 hospitals in the midwest. Provided training on the system, and facilited discussions amongst the users as to how best operate various departments.
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ManagerPwc 1979 - 1984
Mike Nelson Skills
Mike Nelson Education Details
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Finance, General -
Accounting
Frequently Asked Questions about Mike Nelson
What company does Mike Nelson work for?
Mike Nelson works for Chicago Behavioral Hospital
What is Mike Nelson's role at the current company?
Mike Nelson's current role is Retired at Chicago Behavioral Hospital.
What is Mike Nelson's email address?
Mike Nelson's email address is mi****@****aol.com
What is Mike Nelson's direct phone number?
Mike Nelson's direct phone number is +163024*****
What schools did Mike Nelson attend?
Mike Nelson attended Depaul University, Western Illinois University.
What skills is Mike Nelson known for?
Mike Nelson has skills like Revenue Cycle, Revenue Cycle Management, Healthcare, Healthcare Management, Hospitals, Healthcare Consulting, Managerial Finance, Medicare, Healthcare Industry, Financial Reporting, Financial Analysis, Managed Care.
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