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Impactful and visionary healthcare executive with over thirty-five years of progressive experience in highly regarded and nationally recognized organizations. Healthcare Executive with broad, deep and long tenured experience in large integrated delivery systems (Geisinger Health System & Wellstar Health System), a nationally recognized NCI designated Comprehensive Cancer Center (Roswell Park Cancer Institute), and large prestigious multispecialty group practices (George Washington University Medical Faculty Associates (GW MFA & Guthrie Clinic). Transformational leader in health care strategy, healthcare technology, population health and unique delivery system initiatives. Orchestrated extraordinary financial turnarounds at Guthrie Clinic, Catholic Health Initiatives (CHI) and GW MFA. Demonstrated ability to lead and make extraordinary contributions in a variety of complex settings. Motivational and Inspirational leader that is approachable and open to new ideas while navigating away from potential problems. Transformational leader in health care strategy, healthcare technology, operational design, physician compensation, physician engagement and population health. Orchestrated extraordinary financial turnarounds at Guthrie Clinic, Catholic Health Initiatives (CHI) and GW MFA. Demonstrated ability to lead and make extraordinary contributions in a variety of complex settings. Areas of expertise include Banking/Investment Management, Business Development, Change Management, EHR, PHR & HIE, Facilities Management & Planning, Governance, Managed Care Contracting, Marketing, Patient Access, Patient Satisfaction/Engagement, Physician Compensation, Physician Recruitment, Retention & Engagement, Regional Partnerships, Operational Design, Strategic Planning and Tele-health.
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Chief Administrative OfficerWellstar Health System Jan 2018 - Feb 2023Marietta, Georgia, UsA reorganization occurred resulting in me leading the development of a 5-year physician workforce plan, the inaugural WMG 5-year Facility Master Plan, development of physician alignment initiative that resulted in increased share of care within the system and greater focus on market share for each hospital within the system.Accomplishments: Developed inaugural Physicians Workforce plan for hospital based and ambulatory providers Implemented RES software to assist with analyzing new ambulatory locations, utilizing heat maps and gaining understanding of competitors access points, locations of every physician in our PSA, SSA and beyond. Developed inaugural Ambulatory Master Facility Plans to assist with ambulatory capital planning including:o Provider Growth – planned growth by market and Zip Codeo Renovations – Developed a refresh process. o Targeted Initiatives – developed smaller initiatives.o Central Plant –for owned locations (roofs, air handling, surface parking, etc.) Physician Referral Alignment: Led the initiation and developed plans to enhance referral alignment. Referrals in Epic volumes jumped significantly, and the percentage directed to WCP providers improved from 74% to 84% during the first 18months! Evaluated Health System acquisition opportunities for hospitals, land banking and ambulatory opportunities. Developed IP Market share data by zip code, service line and competitor trends for the past 6 ½ years. WMG Administrator on Call for first 8 weeks of COVID. This entailed a wind down of practices, solving PPE issues, accelerating virtual care, developing signage, leading daily calls. Initiated and led the "Restart Work", including creation and distribution of "office playbook" that led to a faster recovery than even the most optimistic projections. Co-Chair of WMG Executive Committee for 5 years providing oversite of the Value, Operations and Finance Committees. -
Chief Administrative OfficerWellstar Health System Feb 2016 - Jan 2018Marietta, Georgia, UsChief Administrative Officer of WellStar Medical Group (WMG) a 1,200 provider multi-specialty group in support of WellStar Health System(WHS). WHS is a $3.2 billion organization that includes 11 hospitals and over 250 physician practice locations. WMG has total operating budget of over $700M in FY18 and budgeted visits of 2.5 million. Direct all practice management responsibilities including administration, business development, business office, finance, human resources, information systems, legal services, marketing, physician contracting, physician compensation, physician integration, physician recruitment, risk management and strategic planning. Oversee a compliment of over 3,400 providers and staff employees.WellStar Health System became the largest health system in Georgia with the acquisition in April 2016 of five Tenet hospitals and the merger of West Georgia Medical Center in LaGrange GA. The not-for-profit system has 2,598 licensed beds, more than 2,500 medical staff members, and over 20,000 employees dispersed throughout 11 hospitals and a variety of outpatient and specialty facilities, including medical offices, urgent care centers, diagnostic imaging centers, health parks, a pediatric center, hospice, and home care.Accomplishments:Governance: Implemented new WMG Governance structure with newly established Operations, Value and Finance Committees and the Executive Council. Established a New Organizational Structure to enhance the strategic and operational performance.Growth: Patient revenue grew 30% from combination of new practices and same store growth. Patient visits grew from 1.8M to a projected 2.5M.Operational Performance:Physician Compensation: Enhanced Physician compensation plan Physician Recruitment/Acquisitions: Recruited 139 physicians and 37 Advanced Practice Practitioners Strategic Planning: Participated and materially contributed to the development of the Wellstar Health System 5-year Capital and Operational plan -
CeoThe Gw Medical Faculty Associates Aug 1999 - Dec 2015Washington, District Of Columbia, UsGW MFA was independently incorporated in July 2000 as a non-profit, physician-led academic group practice that was responsible for teaching over 400 residents/fellows and over 700 medical students. Formerly part of The George Washington University, it grew to become the largest independent physician practice in the Washington DC metro region. GW MFA had a total operating budget of over $400 million in FY16. Responsible for all practice management responsibilities and over saw a staff compliment of over 1,250 staff employees.Accomplishments included engineering a financial turnaround of the MFA from a $9.6 million loss to profitability within two years. Revenue grew from $93M in FY01 to $367M in FY15. Revenue averaged a 10% cumulative increase during that time. Assets grew from $20M to $220M during that time with $51M of operating profit as an independent corporation. The percentage of revenue going to physician’s compensation grew from 35% in FY01 to 45% in FY15. GW MFA started acquiring community practices in FY06 and in FY15 they accounted for 25% of patient revenue. Served as Member Board of Governors for Mid-Atlantic Primary Care ACO a Medicare Shared Savings ACO that began in 2014 with over 13,133 beneficiaries. This was collaboration with Adventist Health Care. In 2014 these beneficiaries had a cost to Medicare of $123,262,028 or $9,653 per capita that was slightly above the benchmark of $9,562. The performance was better than the national benchmark of $9,915 and received an ACO Quality Score of 100%. Served on the United Healthcare Executive Advisory Committee that met twice a year and was intended to enhance communication and direction of United Healthcare offerings. Established Adventist Medical Faculty Associates, LLC (dba AMG) as a wholly owned subsidiary of GW MFA to be the physician integration arm for Adventist Health Care. AMG was budgeted to have $50M in revenue in FY16 after only 4 years. -
President & Executive DirectorFranciscan Family Care (Subsidiary Of Chi) Jan 1999 - Aug 1999President & Executive Director of a 90-physician multi-hospital system sponsored primary care group with physicians in three states and seven markets. Directed all practice management responsibilities including administration, business office, contract administration, finance, human resources, information systems, managed care contracting, physician integration and strategic planning. Oversaw a staff compliment of 310 staff employees and 90 physicians.
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Regional Vp Of OperationsMedpartners 1995 - 1998Tampa, Fl, UsDirect all aspects of practice administration, financial reporting, human resources, managed care contracting, regional business office activities, practice development and strategic planning activities within the region. -
Chief Financial OfficerGuthrie Clinic/Robert Packer Hospital Aug 1994 - Nov 1995Chief Financial Officer for a 210-Physician group practice. Guthrie Clinic had a total annual operating budget of $101 million including 1,000 FTE’s and 900,000 encounters annually. Reporting to the Executive Vice President for Administrative Affairs, directed the business office, central appointments, cost accounting, financial planning, general accounting, information systems, physician referral office, reimbursements, and telecommunications departments. Coordinated all audit and contract administration requirements. Oversaw a staff complement of 140 employees.Accomplishments: Provided leadership in reversing the Clinic's five-year history of multi-million-dollar losses through expenditure control, productivity improvements and other revenue enhancements. Assisted in the identification and selection of a capital and management partner (PhyCor, Inc.) to facilitate significant future growth with equity participation for Guthrie Clinic physicians. Implemented a new productivity-based physician compensation system. Revamped physician-scheduling templates that facilitated access and resulted in increased patient volumes. Successfully renegotiated an extension and increase in Guthrie Clinic's Line of Credit despite negative equity. Standardized business office routines that resulted in a 30-day decrease in days in A/R. Implemented medical record audits to ensure appropriate documentation and enhance physician revenue. Automated numerous financial routines that reduced the month-end closing process by over ten workdays. -
CfoRoswell Park Cancer Institute Jul 1991 - Aug 1994Buffalo, Ny, UsVice President for Finance in a 218-bed comprehensive cancer center, including a 100 physician closed staff practice and 150 scientists in support of research activities. RPCI is an academic medical center. RPCI had a total annual operating budget of $140 million including 2,200 FTEs, 6,000 discharges and 100,000 clinic visits annually. Reporting to the CEO, directed the admissions department, budgeting, business office, cost accounting, general accounting, information systems, materials management, medical records, physician practice plan, reimbursement and telecommunications departments. Member of the Executive Committee, Board of Visitors Committee, Information Systems Advisory Committee, and a member of various other committees and task forces. Coordinate all audit and contract administration requirements. Oversaw a staff complement of 180 employees. -
Administrative Director Of FinanceGeisinger Health System Oct 1985 - Jul 1991Danville, Pa., UsGeisinger Medical Center(GMC): Administrative Director of Finance in a 577-bed regional tertiary care teaching medical center with a 275 physician closed staff practice. GMC had a $197 million operating budget with 3,500 FTEs, 20,000 discharges and 500,000 outpatient visits annually. Reporting to the Vice President of Finance, directed and supervised the cost accounting, financial planning, general accounting, reimbursement and student financial aid departments. Provided direction and support of all new and existing program service reviews. Member of the Budget Committee, staff support to the Finance Committee and a member on various other committees and task forces. Coordinated all internal and external audit requirements. Oversaw a staff complement of 50 employees. Director of Finance in the corporate office of a major regional health care system, with net revenues in excess of $400 million. Geisinger System Services: Reporting to the Vice President of Finance, supervised all mainframe financial systems, general accounting, financial planning, fund accounting, and system-wide accounting for benefit related areas. Directed all consolidation activity, directed the financial reporting for three corporations, provided financial support to Geisinger Foundation (which included $48 million in board designated and $27 million in restricted funds), and coordinated payroll processing for six corporations in seven states. Supervised construction accounting for the system-wide $100 million facilities master plan. Provided direction and support for all financial system evaluations and implementations. Coordinated all tax reporting, unrelated business activity reviews, and communications with taxing authorities (seven not-for-profit and three for-profit corporations). Monitored impact to the organization of all new accounting pronouncements. Coordinated all internal and external system-wide audit requirements. Oversaw a staff complement of 30 employees.
Stephen Badger Skills
Stephen Badger Education Details
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General Electric CoAccounting And Finance -
Siena CollegeAccounting
Frequently Asked Questions about Stephen Badger
What is Stephen Badger's role at the current company?
Stephen Badger's current role is Badger Consulting.
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What schools did Stephen Badger attend?
Stephen Badger attended General Electric Co, Siena College.
What skills is Stephen Badger known for?
Stephen Badger has skills like Healthcare Management, Healthcare, Hospitals, Leadership, Healthcare Information Technology, Strategic Planning, Program Development, Public Speaking, Research, Nonprofits, Policy, Healthcare Information Technology.
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