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Extensive financial operations leadership in a continuously changing environment. Solid track record for identification of process improvements and cost savings opportunities. Strong team building, mentoring, and supervisory skills. Possess excellent communication skills and a high level of ethics and integrity. Demonstrated achievements and expertise in: Financial Reporting, Budgeting and Analysis, Financial Turnaround, Business Development, Mergers and Acquisitions, Team Leadership and Development and Capital Project Management.
Self-Employed
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RetiredSelf-Employed May 2022 - Present
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Chief Financial OfficerBeth Israel Deaconess Hospital-Needham May 2013 - Nov 2022Needham, Ma, Us -
Vp Finance, Corporate ControllerSteward Health Care Sep 2011 - Nov 2012Dallas, Texas, UsIntegrated the Accounting, Reimbursement, and Payroll activities of this recently created for-profit health care system, with net revenues in excess of $2B, into a shared services model. The system currently has eleven hospitals with 2,055 licensed beds and over six hundred employed physicians. -
Vp Finance And AdministrationSteward Carney Hospital Jul 2007 - Sep 2011Responsible for the financial and operational management and oversight of this 159 bed inner-city community teaching hospital in a dual COO/CFO role. The Hospital is a member of the Steward Health Care System. Departmental responsibilities included: Budget and Decision Support, Medical Records, Accounting, Payroll, Facilities (maintenance, power plant, security, housekeeping, and parking), Radiology, Laboratory, Community Benefits, Marketing, and Human Resources.
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CfoMerrimack Valley Hospital Sep 2001 - Feb 2007UsKey member of the local management team that returned the former Hale Hospital to a profitable full service community hospital. At time of acquisition, the hospital, which was the last municipally owned hospital in the state, was incurring monthly losses in excess of $500K per month compared to operating profits in excess of $400K per month within one year of acquisition. The Hospital’s reputation in the community significantly improved post-acquisition. Departmental responsibilities included: The Controllers Office, Patient Accounting, Medical Records, Case Management, Patient Registration, Communications, Information Systems, Materials Management, and Pharmacy. -
Corporate ControllerPartners Healthcare Jan 1996 - Mar 2001Directed the Corporate Controller’s Department for an expanding diversified health care service organization with annual net operating revenues in excess of $3B and investment pools in excess of $2B. Departmental responsibilities included: General Accounting and Financial Reporting, Investment Accounting, Tax Compliance, Capital Accounting, Non Patient Billing and Collections, Special Fund Accounting, Cashiers Offices, Finance Systems, Accounts Payable, and Payroll. Staff under direction included approximately 80 professional and 120 clerical employees.
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ControllerUniversity Of Massachusetts Medical Center - Teaching Hospital Jan 1994 - Dec 1995Directed the activities of: The Accounting, Budget, Reimbursement, Accounts Payable, and Central Cash departments for the Teaching Hospital, Group Practice Plan, Integrated Delivery System, and the Self Insurance Trust. System net operating revenues exceeded $300M. Responsibilities also included active participation on clinical cost reduction task forces and coordination and tracking of all cost reduction initiatives ($10M in FY 1995 and $13M in FY 1996).
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Senior ManagerDeloitte & Touche Sep 1980 - Dec 1993Managed the audits of teaching, community, and nonacute hospitals and their affiliated entities including; nursing homes, home health agencies, charitable foundations, physician groups, joint ventures, and partnerships. Coordinated all aspects of the audit process with senior client management. Supervised audit managers, seniors, and staff accountants; assessed the adequacy of internal controls; determined scope of audit work to be performed; reviewed all audit analysis, including estimated settlements with third party payers; and prepared financial statements, management letters, and presentations to Finance and Audit Committees and Boards of Trustees. Provided consulting services to health care clients in the areas of mergers and acquisitions, new program financial feasibility studies, debt capacity studies, and general accounting issues.
Nancy Hoffmann Skills
Nancy Hoffmann Education Details
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Northeastern UniversityAccounting -
St. Lawrence UniversityBiology And Economics
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Buffalo Seminary
Frequently Asked Questions about Nancy Hoffmann
What company does Nancy Hoffmann work for?
Nancy Hoffmann works for Self-Employed
What is Nancy Hoffmann's role at the current company?
Nancy Hoffmann's current role is Healthcare Finance Executive.
What is Nancy Hoffmann's email address?
Nancy Hoffmann's email address is nh****@****ham.org
What is Nancy Hoffmann's direct phone number?
Nancy Hoffmann's direct phone number is (781) 453*****
What schools did Nancy Hoffmann attend?
Nancy Hoffmann attended Northeastern University, St. Lawrence University, Buffalo Seminary.
What skills is Nancy Hoffmann known for?
Nancy Hoffmann has skills like Financial Reporting, Healthcare, Budgets, Healthcare Management, Process Improvement, Financial Analysis, Finance, Revenue Cycle, Internal Controls, Hospitals, Managerial Finance, Leadership.
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