Terrence Thomas Email & Phone Number

Pink Hill North Carolina

Achieve annual business plan through management of revenue reporting, P&L expense budget, contract negotiation and collection of accounts receivable. Prepare Yearly Business plan for company. Manage the Accounting, accounts payable, accounts receivable, billing, collections, adjudication and HR departments. Present quarterly review and forecasting..

New Bern North Carolina

BSH is highly regarded as a market leader for innovation in home appliance technology. BSH continually strives to engage their dedicated customers around the world through intelligent engineering, streamlined design and distinct ease of use.

Kinston NC

• Manages centralized purchasing of 215 affiliated dental centers and 215 dental laboratories in 45 states with annual expenditures of $16 million dollars
• Established online ordering system for all dental centers and laboratories
• Renegotiated equipment and supply contracts, resulting in a substantial drop in supply costs
• Reorganized centralized purchasing department to improve efficiencies for practices and laboratories
• Implemented standardization of equipment and supplies in the laboratories
• Coordinated equipment, supplies and furniture for all de novo dental centers and laboratories

Kinston NC

• Reduced Accounts Receivable Days from 72 to 60
• Managed accounts receivable in excess of $22 million dollars
• Achieved 90% clean claim first payer pass rate by implementing remittance and reimbursement software for Medicare, Medicaid and private insurance
• Negotiated managed care contracts for acute, skilled nursing, and rehabilitation units of 306 bed hospital
• Met corporate compliance guidelines for Medicare and Medicaid billings
• Managed and delegated responsibilities to a staff of 25 employees

Kinston NC

• Developed operating and capital flex budgets, created monthly management reports, and compiled month-end closings
• Decreased month-end closings from 15 working days to 8 days
• Developed flexible budget based on units or man hours per patient
• Negotiated contract for flexible budget software
• Acted as primary liaison for annual external audit functions

Kinston NC

• Developed third party contractual analysis on monthly basis
• Created cost report schedules
• Negotiated with Blue Cross/Blue Shield on new rates and supply charges
• Designed prepaid and lease schedules

Louisburg NC

• Supervised the accounting, payroll, collections, data processing and purchasing departments, as well as the business office
• Conducted feasibility studies for capital and operating projects.
• Utilized case mix index, contractual analysis, and reimbursement rates to create Medicare cost reports
• Developed monthly depreciation schedules