Mitchell Clay Email & Phone Number

Baltimore, MD, US

Towson, MD

Multi-Specialty Network of over 200 physicians and advanced practice providers affiliated with the University of Maryland St. Joseph Medical Center, a member of the University of Maryland Medical System. The group includes primary care providers, specialists and surgeons in over 25 office locations in communities throughout the Greater Baltimore region.

Baltimore, Maryland Area

-Manage all aspects of preparing the annual and long range financial plans-Monthly budget variance reporting and forecasts for the Board of Directors and Senior Executives-Bi-weekly cash forecasting to measure available liquidity and performance against budgeted capital expenditures-Financial modeling for potential acquisitions and joint ventures

 Led the capital planning process for a $1 billion, 1,184 bed non-profit health system including creation of financial statements, balance sheets, and statement of cash flows to assess the potential impact of both executive strategy and environmental factors on operating performance, liquidity, and credit rating. Developed and implemented new methodology.

 Coordinated consolidation of annual budget submissions from MedStar hospitals and other business units, analyzing trends for presentation to MedStar CFO and President. Prepared final Annual Operating Plan presentation for approval by MedStar boards and committees. Analyzed monthly budget variances for corporate departments and prepared narrative for.

 Managed the annual operating plan for divisions of Infusion Therapy Services, Home Medical Equipment, and Retail Pharmacies. Redesigned general ledger entries for Retail Pharmacies to resolve accounts receivable discrepancies of approximately $40,000 per month. Developed system to report profitability by product line for Infusion and Home Medical.

 Audited rebates paid to Pharmacy Benefits Managers on behalf of pharmaceutical manufacturers, employer groups, and group purchasing organizations for compliance with agreed upon terms in manufacturer contracts. Performed audits of pharmaceutical sales forces to ensure compliance with federal anti-kickback statutes. Performed risk assessments for.

 Managed billing and collections of infusion pharmacy services provided to over 175 nursing homes from Delaware to Florida. Performed billing and collections for home infusion patients Maintained accurate accounts receivable by posting daily cash deposits to patient accounts and performing month-end reconciliations.

Mba, Finance

Bs, Kinesiology

Exercise Physiology