Mike Nelson

Mike Nelson Email and Phone Number

Retired at Chicago Behavioral Hospital @ Chicago Behavioral Hospital
des plaines, illinois, united states
Mike Nelson's Location
Sumter County, Florida, United States, United States
Mike Nelson's Contact Details
About Mike Nelson

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.

Mike Nelson's Current Company Details
Chicago Behavioral Hospital

Chicago Behavioral Hospital

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Retired at Chicago Behavioral Hospital
des plaines, illinois, united states
Employees:
34
Mike Nelson Work Experience Details
  • Chicago Behavioral Hospital
    Retired
    Chicago Behavioral Hospital Jun 2020 - Present
    Des Plaines, Illinois, United States
  • Chicago Behavioral Hospital
    Cfo
    Chicago Behavioral Hospital Nov 2017 - Jun 2020
    Des Plaines, Illinois
  • M Nelson Consulting
    President
    M Nelson Consulting Jan 2007 - Present
    Provided 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.
  • Magna Health Systems, Llc
    Controller
    Magna Health Systems, Llc Dec 2014 - Nov 2017
    Bedford Park, Il
    Financial Responsibilities for Ambulatory Surgery Centers along with a group of Anesthesiologists..
  • Riveredge Hospital
    Cfo
    Riveredge 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
  • Provena St. Mary'S Hospital
    Controller
    Provena St. Mary'S Hospital 2004 - 2007
    Responsible for financial functions, including Payroll, Accounts Payable, Reimbursement, Budgeting and General Accounting.
  • Kindred Healthcare (Chicago North And Chicago Northlake)
    Cfo
    Kindred 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.
  • Michael Reese Hospital
    Controller
    Michael Reese Hospital 1997 - 1998
  • Vha
    Division Manager
    Vha 1987 - 1992
    Provided 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.
  • Pwc
    Manager
    Pwc 1979 - 1984

Mike Nelson Skills

Revenue Cycle Revenue Cycle Management Healthcare Healthcare Management Hospitals Healthcare Consulting Managerial Finance Medicare Healthcare Industry Financial Reporting Financial Analysis Managed Care Healthcare Information Technology Budgets Cash Management Process Improvement Accounts Receivable Finance Accounting Physicians Auditing Payroll Accounts Payable Practice Management Medicaid Physician Relations Emr Leadership Insurance Training Management Internal Audit Executive Management Ehr Hipaa Strategic Planning Performance Improvement Medical Billing Budgeting

Mike Nelson Education Details

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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