Tom Severance Email & Phone Number

Hyannis Ma

Chief Financial OfficerAs Chief Financial Officer for the VNA of Cape Cod, a nonprofit 501-c3 $60 million provider of Certified Home Health, Hospice, Adult Day Health, Community Service, Childcare and Private Service and a wholly owned subsidiary of Cape Cod Healthcare, serve as:.TREASURER BOARD OF DIRECTORS OF THE HOSPICE AND PALLIATIVE CARE FEDERATION OF MASSACHUSETTS 2011-present MEMBER OF THE FINANCE COMMITTEE FOR HOMECARE ALLIANCE OF MASSACHUSETTS• MEMBER OF THE SENIOR FINANCE TEAM OF CAPE COD HEALTHCARE• MEMBER OF THE COLLECTIVE BARGAINING TEAM 1999,2003,2006,2009,2011,2013,2017• CORPORATE COMPLIANCE OFFICER FOR THE VNA• MEMBER OF THE 403-B INVESTMENT COMMITTEE FOR CAPE COD HEALTHCARE• MANAGER OF ACCOUNT RECEIVABLE, BILLING, ACCOUNTING, PAYROLL, AND FACILITIES• TREASURER OF CRANBERRY SQUARE CONDOMINIUM BOARD OF TRUSTEES• MEMBER OF GROUP OF PROFESSIONAL OVERSIGHT COMMITTEE OF THE VNA• SENIOR MEMBER OF THE STRATEGIC PLANNING GROUP OF THE VNA• REGULATORY OVERSIGHT OF MEDICARE , MEDICAID, HMO, AND GAAP,FASB,SABHIGHLIGHTS: Developed Financial and budgetary reporting analysis for presentation to CCHC leadership Brought the VNA of Cape Cod from a $ 1.7 Million loss in 1999 through 17 years of profitability Established business plan and implemented Hospice Services at the VNA Established a VNA thrift shop adding net revenues annually of $100K Designed Specific Purpose Funds that help enhance philanthropic giving at the VNA from $400K to over $1 million dollars of giving annually. Enhanced cash availability from an outstanding $2.7 million line of credit to a cash position of $17 million (124 days) Co-developed with CCO an effective Tele-monitoring program  Relocated the VNA headquarters to a central cape location centralizing administrative functions

As Chief Financial Officer managed the accounting, payroll, billing, accounts receivable, facilities and human resource departments of this $7 million non-profit 501c-3 Certified Homecare and Hospice. Prepare all capital and operating budgets and associated variance analysis Negotiate all insurances, leases and lines of credit prepare Medicare cost report convert all manual accounting systems to Automation coordinate annual financial Audit

Managed the accounting, human resource, billing and accounts receivable departments for this$8 million retail and commercial tire dealer. Prepare all capital and operating budgets and associated variance analysis Converted point of sale system to a more complete accounting system including retread production costing. Bank liaison for asset based line of credit

Started as a Financial Analyst for this $100 million provider of health, life and related membershipProduct Service Company and was promoted Controller. Managed the Accounting, Auditing andFinance departments. Prepare and built models for all capital and operating budgets and associated variance analysis Negotiate administrative and audit issues with over 80 HMO and Commercial insurers Developed a cash flow model to maximize investments of $20 million short term portfolio

 Set all cost standards for time clock division product line Create detailed mgmt reporting for sales, inventory and production levels

Started as a branch administrative manager and was twice promoted first to district accounting analyst and then to district financial analyst.

Mba, Finance, 3.81

Bsba, Finance&Economics, Magna Cum Laude

Activities and Societies: National Financial Honor Society