Tracy Stephens Email and Phone Number

Established in 2022, Ascend Vision Partners delivers custom business solutions for eye care professionals, allowing ophthalmologists and optometrists to focus entirely on patient care. Building on a clinical tradition spanning over 62 years, AVP’s partners leverage experience, best-in-class information technology and cutting-edge equipment to deliver industry leading ophthalmologic outcomes. Our team of 300 employees is dedicated to providing exceptional eye care to over 250,000 patients annually across the southeastern U.S. Learn more at www.AscendVision.com.

U.S. Urology Partners is a PE-backed healthcare company focusing primarily on men's health. Their expertise includes management of urological clinics, surgery centers, radiation therapy, medical oncology, lab, and in-house pharmacy. Their physician's treatments include some of the most cutting edge technology and medical advancements available to improve and prolong life.

Responsibilities include:All accounting and finance functions including monthly closing, Board and Management Reporting, Audit responsibilities, Tax filings, Banking relationships, and Budget Manage Revenue Cycle department improving both DSO and collection percentages and introducing cost synergiesServe as Corporate Compliance OfficerServe as Corporate Secretary

Responsibilities include:Operational management of 20 walk-in urgent/primary care centers in 3 southeastern states;Management of 75 physician and nurse practitioner providers in the delivery of exceptional care while observing the highest adherence to clinical protocols;Driving revenue to exceed budget by successfully capturing care via CPT codes and introducing ancillary revenue sources to enterprise; andthe marriage Corporate vision, budget, and initiatives to 250+ medical personnel.

Assisted in the Company formation by securing commitment of $50.0m of financing from three private equity firms to be primarily used for acquisitions or denovo growth;Secured $4.0m in Senior Debt and a Line of Credit facility for company working capital; Created entire financial accounting and reporting system that provides data to Executives and Board within 10 business days of month end;Established reimbursement program that captures charges across 20 clinics in three States and submits claims to a mix of governmental and private insurance payors. Business has grown from start-up to $25.0m in net revenue annually;

A full service electrical subcontractor focusing on general contractors in the new construction and remodeling fields of residential, commercial and service markets of southwest MO.Experienced revenue and profitability growth of 120% and 80% respectively and placed firm in top ten of electrical subcontractors of Springfield (Springfield Business Journal 2008 thru 2014); Converted customer base from 10% commercial accounts at acquisition to 60% today;Secured $1.2m in financing from local bank to fund Company’s growth;Streamlined company’s financial system to produce standard financial reports, cost reports, and initiated a system of internal controls.

A privately held corporation that operates 17 outpatient diagnostic imaging facilities. Authored five-year strategic business plan for corporation that highlighted current center growth strategy, acquisition targets, equipment needs, operation divestitures, cash flow needs/surpluses, and ROI;Streamlined company’s financial system to produce standard reports, initiated internal control procedures, and reporting 50% faster than previous process, and created budget system for $40m revenue annually;Decreased DSO while managing mixture of internal and external billing operations with $9.0m average accounts receivable balance with mix of governmental and commercial payors;Secured $10.0m in debt financing for addition of modalities and equipment upgrades with both banking and third party financing sources.

Builds, develops and operates both hospital-based and freestanding radiation and medical oncology cancer facilities. Created and managed company’s entire financial system (financial reporting, treasury management, accounts payable/receivable, general ledger, budget, Information System, personnel decisions, etc.); Direct financial strategy via acquisitions and internal growth. Increased net revenue from $1.2 million in 2001 to forecasted $19 million in 2005. Completed four center acquisitions in 2002;Created and developed financial model which secured $20 million in debt financing and $7.5 million of operating equipment upgrades for five radiation oncology centers;Directed establishment of electronic accounts receivable system that reduced DSO from 90 to 40 days;Responsible for understanding impact of both Medicare and Managed Care reimbursement changes to global, technical and professional CPT codes.