Wendy Avera

Wendy Avera Email and Phone Number

CHIEF FINANCIAL OFFICER: 20+ years of experience and demonstrated success in driving and optimizing all finance and accounting operations @ Therapy Tree
Wendy Avera's Location
Gainesville, Georgia, United States, United States
Wendy Avera's Contact Details
About Wendy Avera

🌟 Driving Financial Excellence: Transformative Leadership in Action 🌟Welcome to the world of financial innovation and strategic prowess, where I serve as a beacon of excellence in orchestrating and optimizing financial strategies to propel organizations towards unprecedented success. With over two decades of experience as a Vice President of Finance, I've honed my skills in financial strategy, planning, and management, becoming a trusted partner in steering companies towards financial stability and growth.📊 Charting a Course for Financial Success: A Journey of Innovation 📊In my current role as Vice President of Finance at Therapy Tree, PLLC, I lead a dynamic team in managing the financial intricacies of a network of pediatric clinics and pioneering school contract programs. From securing substantial funding for visionary expansions to implementing innovative financial reporting strategies, I've navigated complex landscapes with finesse, ensuring regulatory compliance and fostering a culture of financial acumen across the organization.💡 Illuminate, Innovate, Inspire: The Heartbeat of Leadership 💡At the core of my journey lies a passion for leadership, collaboration, and continuous improvement. Whether it's streamlining operations, fostering cross-functional collaboration, or driving process improvement initiatives, I embody the spirit of innovation and excellence in every endeavor. As a transformational leader, I empower teams to reach new heights of performance, driving organizational success and fostering a culture of excellence.🚀 Empowering Financial Transformation: Let's Connect! 🚀Join me on a journey of financial transformation, where we'll harness the power of innovation to reshape the financial landscape and drive sustainable growth. Let's connect to explore new horizons, forge meaningful partnerships, and pave the way for a brighter, more prosperous future.Ready to embark on this transformative journey together? Let's connect and chart a course towards financial excellence, one strategic step at a time.

Wendy Avera's Current Company Details
Therapy Tree

Therapy Tree

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CHIEF FINANCIAL OFFICER: 20+ years of experience and demonstrated success in driving and optimizing all finance and accounting operations
Wendy Avera Work Experience Details
  • Therapy Tree
    Chief Financial Officer
    Therapy Tree 2022 - Present
    Glendale, Az, Us
    Embarking on a journey with Therapy Tree, PLLC, I assumed the role of Vice President, Finance, overseeing the financial, accounting, and revenue cycle functions for a vibrant network of seven pediatric clinics and a groundbreaking school contract program. In this dynamic role, I ensure regulatory compliance within HR for finance, accounting, rev cycle, and payroll operations, fostering financial acumen across the organization. Key Achievements:🌐 I navigated intricate treasury responsibilities, securing PPP loan forgiveness, qualifying for a substantial $2.6 million in ERTC funding, and strategically accessing SBA funding for visionary clinic expansions into the Texan landscape.📊 I initiated a financial transformation by resurrecting financial reporting, introducing an innovative bottom-up budgeting strategy, and aligning financial goals with the organization's vision.💡 I created standalone income statements for each clinic, providing a detailed view of financial performance and fostering a culture of accountability.🌍 I championed a global perspective by assembling and mentoring an international revenue cycle team.💰 I developed a dynamic cash forecasting model, providing real-time insights for strategic decision-making and presenting findings weekly to the organizational owner.🔄 I revamped the general ledger structure, integrated payroll and HR into a cohesive HRIS platform, and initiated a financial optimization initiative, reducing Accounts Receivable days and injecting vitality into the organization's cash flow.🚀 I revamped the payer billing process, resulting in a 22% increase in weekly billings through strategic optimizations.💳 Designed and developed a patient-centric financial estimator process, resulting in an 82% surge in upfront collections year over year. Also innovated a comprehensive self-pay package with medical financing options for families facing benefit exhaustion, ensuring uninterrupted patient care.
  • Nexus
    Vice President, Finance And Accounting
    Nexus 2019 - 2022
    Schertz, Tx, Us
    Embarking on a transformative journey with Nexus Enterprises, LLC, I served as Vice President, Finance and Accounting, playing a pivotal role in managing financial operations, steering financial reporting across three distinct business entities, and implementing an innovative shared services organizational structure. As a key member of the Executive Team, I collaborated closely with the CEO on strategic planning and organizational direction. Key Contributions:📊 I oversaw accounts receivable, ensured strategic client follow-up, and streamlined billing processes, leading to a substantial reduction in days in AR from 61 to 38.💡 I successfully crafted and implemented the organization's inaugural budget, introducing department-level expenses to enhance financial visibility.🔄 I evaluated and initiated the conversion of financial systems to a more robust platform, overseeing the entire implementation process for increased efficiency.🌐 I engineered a comprehensive organizational overhaul by consolidating support departments into a shared services structure. I positioned the organization to offer services externally, creating a holding company for potential revenue capture.💼 I implemented and optimized a revenue cycle function to address client billing challenges, streamline processes through template introductions, reduce days in AR, enhance cash flow, and improve client satisfaction through timely invoicing.📈 I strengthened financial awareness company-wide through tightened accounting processes, bottom-up budgeting, and thorough financial reporting reviews.🔄 I achieved a remarkable turnaround in the organization's operating margin, increasing it from 1.9% to 6.4%.
  • Cumberland Surgical Hospital
    Director Of Finance
    Cumberland Surgical Hospital 2017 - 2018
    In a dynamic role as the Director of Finance at Cumberland Surgical Hospital, I orchestrated and directed all facets of Revenue Cycle services, including Patient Access/Registration, Billing & Collections, Cash Reporting, Denials Management, and Revenue/Service Line Reporting. Additionally, I managed multiple departments, ensuring seamless daily operations and consistent achievement of performance metrics.Key Achievements:🌐 I fostered a strategic partnership with a third-party vendor to maintain days in accounts receivable below industry standards. I implemented an advanced patient estimation process, consistently collecting over 90% of point-of-service patient responsibilities monthly.🔄 I pioneered interdepartmental inventory and supply processes, reducing waste and enhancing accuracy in charge entry.📈 I developed daily metrics and reporting mechanisms to streamline outstanding signed medical records, ultimately increasing revenue turn time.💡 I introduced a patient cost estimator in collaboration with the third-party billing vendor, increasing upfront cash collection from $18k per month to $115k per month by providing patients with advance information on their financial responsibility.🌟 I recognized the need for self-pay funding options for cosmetic procedures and introduced Care Credit. This initiative captured more patients, resulting in a 25-30% monthly increase in cosmetic elective volume.
  • Financial Consultant / Contractor
    Interim Finance Officer And Controller
    Financial Consultant / Contractor 2015 - 2017
    I served as a Financial Consultant and Contractor, offering remote Interim Controller services. Key Contributions:🔄 I led client engagements involving interim management and financial consulting services, specializing in merger/acquisition integration planning. Ensured seamless transitions and optimized post-merger outcomes for clients.📈 I crafted effective governance structures tailored to organizational needs, providing strategic recommendations to enhance decision-making processes.📊 I guided clients in developing robust strategies and forecasts, fostering sustainable growth and informed decision-making.💡 I formulated compelling business cases supporting critical decisions, contributing to sound financial practices.💰 I devised revenue and pricing strategies maximizing profitability for both start-ups and established entities.Medical Group Engagement:✨ I conceptualized a financial review process and defined budgeting procedures, enhancing financial control.🔄 I addressed payroll challenges by implementing time clocking policies, reducing overtime expenses from 10-11% to <1% bi-weekly without eliminating headcount.Signage Company Engagement:📑 I developed SLAs for departments in a shared service/allocation setting.🚀 I implemented incentive plans and revised commission structures for improved motivation and efficiency.📊 I revamped financial reporting content and delivery for executives, enhancing transparency and business management capabilities.
  • Huron
    Senior Director / Engagement Delivery Leader (Remote)
    Huron 2010 - 2015
    Chicago, Il, Us
    I assumed the role of Senior Director and Engagement Delivery Leader, operating remotely to lead dynamic project teams. Key Responsibilities:🔍 I efficiently managed project teams ranging from 12 to 110 people in a dynamic consulting role. 👥 I functioned as the Solutions Team Lead for labor and productivity, providing valuable insights and direction.🤝 I acted as the Engagement Delivery Leader, serving as the primary liaison between the organization and the client.🌐 I orchestrated project traffic to ensure effective communication between internal teams and the client.📊 I served as the Point of Contact (POC) for clients, delivering presentations, and reporting on $1 million engagements up to the board of directors.💰 I engaged in sales responsibilities within existing client relationships, conducted prospecting, developed RFP proposals, and delivered compelling presentations during the client sales cycle.Achievements and Engagements:🏥 I led a complex multi-phased improvement project for a multi-hospital system and over 400 physician clinics, achieving total annual recurring benefits exceeding $70 million.🤝 I led a transformational engagement during the merger of two hospital systems in Illinois, resulting in $26 million in recurring annual benefits.💡 I achieved annual recurring improvements exceeding $200 million by contracting and initiating a large-scale engagement with a major academic medical system.📈 I co-led the development of a Project Management Office (PMO) structure, supporting internal engagement delivery and creating a marketable service offering for clients.🏥 I contributed to the development team for a new community hospital service offering.🚀 I served as the engagement delivery leader for the pilot implementation, delivering over $17 million in annual recurring benefits and $4.5 million in one-time cash savings.
  • Christus Health
    System Director, Strategic Growth And Analytics
    Christus Health 2005 - 2010
    Irving, Tx, Us
    • Responsible for identifying, assessing and analyzing strategic and financially feasible business strategies • Provided support in developing and transacting business opportunities that advanced organizational mission while increasing revenues and market share, including financial model and business case for change as well as presentation to Board of Directors• Developed capital allocation process for health system in conjunction with operating budget software implementation • Assisted in development of interdisciplinary team responsible for identifying and diagnosing financial and operational

Wendy Avera Skills

Healthcare Consulting Healthcare Healthcare Industry Healthcare Management Business Process Improvement Process Improvement Performance Improvement Leadership Strategy Healthcare Information Technology Revenue Cycle Strategic Planning Mergers And Acquisitions Hospitals Accounting Finance Budgeting And Forecasting Financial Reporting Managed Care Physicians Business Development Account Management Consulting Hipaa Financial Analysis Analysis Business Analysis Healthcare Information Technology Ehr Project Management Management Working With Physicians Medicare Medicaid Management Consulting Change Management Team Building Emr Business Intelligence Physician Relations Financial Modeling

Wendy Avera Education Details

  • University Of Georgia - J.M. Tull School Of Accounting
    University Of Georgia - J.M. Tull School Of Accounting
    Business Administration/Accounting

Frequently Asked Questions about Wendy Avera

What company does Wendy Avera work for?

Wendy Avera works for Therapy Tree

What is Wendy Avera's role at the current company?

Wendy Avera's current role is CHIEF FINANCIAL OFFICER: 20+ years of experience and demonstrated success in driving and optimizing all finance and accounting operations.

What is Wendy Avera's email address?

Wendy Avera's email address is ga****@****oup.com

What is Wendy Avera's direct phone number?

Wendy Avera's direct phone number is (409)-985*****

What schools did Wendy Avera attend?

Wendy Avera attended University Of Georgia - J.m. Tull School Of Accounting.

What skills is Wendy Avera known for?

Wendy Avera has skills like Healthcare Consulting, Healthcare, Healthcare Industry, Healthcare Management, Business Process Improvement, Process Improvement, Performance Improvement, Leadership, Strategy, Healthcare Information Technology, Revenue Cycle, Strategic Planning.

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