2012 Founder & CEO
Oxford Surgical Specialties, LLC ~ Chicago, IL
" Consult with various healthcare companies and providers at senior levels.
" Assist senior management and shareholders with strategic plans, financing alternatives, operational initiatives and capitalization opportunities.
" Provide board level guidance to senior management and shareholders.
2010-2011 Executive Vice President and Chief Financial Officer
Surgical Care Affiliates, LLC ~ Chicago, IL
" Directed all financial operations, including revenue cycle, finance, purchasing, IT, accounting, tax, and mergers and acquisition due diligence.
" Implemented and directed the update of all surgery center and hospital chargemasters, which identified significant ($50M+) opportunities to recover lost charges.
" Co-managed investor relations, including $650M in senior and junior debt.
" Restructured revenue cycle, finance, accounting, and purchasing departments to a more cohesive model.
" Presented at several large healthcare and banking conferences.
" Approved the coordination and conversion of SCAs hospital IT platform to one consistent model.
" Advisor to the Board of Directors finance and compliance committees.
2002-2010 Co-Founder and Chief Financial Officer
National Surgical Care, Inc. ~ Chicago, IL
" Managed financial structure and position by planning, directing, and leading all financial operations, including banking relationships, M&A, managed care negotiations, reimbursement execution, risk management, budget, audit, tax, accounting, IT, human resources, and investor relations.
" Secured and amended a $125M credit facility to finance M&A activities.
" Developed and implemented tools to ensure the correct recording of revenue and recognition of appropriate reserves.
" Reduced companys revenue recognition risk, eliminated excess personnel costs, and responded to market trends and improved managed care negotiations with detailed reports.
" Coordinated financial aspects of all acquisition and development activities, including due diligence.
" Selected and implemented the IT platform conversion to one model among all centers, resulting in same store revenue growth of over 10% annually.
" Directed operational management of surgery centers, including daily financial operations and approval of partnership maintenance and recruitment.
" Developed and implemented mechanisms to achieve effective communication, effort coordination, and information flow between the finance department and other functional units of NSC.
" Collaborated with Board of Directors to identify, implement, and continually improve corporate performance measures, including balanced scorecard and dashboard reports.
1995-2002 Vice President Finance and Treasurer
United Medical Corporation ~ Windermere, FL
" Responsible for all of the financial operations of 12 hospitals located in the southeast and Puerto Rico.
" Grew revenue and cash flow over 25% per year.
" Developed and assisted the execution of a five-year strategic plan, including short and long-range budgeting templates, ROI, what-if analyses, and sensitivity analyses.
" Directed financial feasibility studies for modernization, renovation, and refinancing projects that resulted in significant cash flow improvements and operating performance to meet corporate strategic plan.
" Executed hospital turnaround, from multimillion net loss to profit, in just over 20 months. Developed new programs, secured over $1M in expansion financing, hired a new senior management team, and instituted an aggressive marketing campaign to attract new physicians.
" Completed several credit facilities of over $150M. Credit facilities included Section 144a senior subordinated debentures, HUD guaranteed debt, traditional syndicated term, revolving credit facilities, and off-balance sheet capital lease financing models.
" Directed centralization of pharmacy and medical supplies inventory, resulting in approximately a $5 million cost savings.
" Established an internal audit department, financial policies manual, and internal controls review.
1993-1995 Chief Financial Officer Western Surgery Centers
Medical Care America (and HCA Healthcare Corp.) ~ Dallas, TX
" Managed the financial operations and development strategy of over 35 surgery centers producing over $100 million in revenues and $35 million in EBITDA.
" Acquired many facilities and instrumental in developing the largest outpatient ASC joint venture in AZ.
" Coordinated the corporate financial reporting including internal and external financial statements, consolidations and filings of Forms 10-Q and 10-K.
" Developed and implemented accounting policies and procedures including a standard chart of accounts.
" Supervised over 20 team members including the recruitment and hiring of accounting and finance personnel.
1988-1993 Audit / MRD Group (Merchandising, Retail, and Distribution)
KPMG Peat Marwick ~ Dallas, TX
" Extensive experience directing and supervising the audits for several Fortune 100 companies including Columbia/HCA, J.C. Penney and PepsiCos snack food subsidiary (PFI).
" Implemented the appropriate financial accounting for several client acquisitions.
" Facilitated SEC Filings for clients including Forms S-1, S-3, S-8, 10Q, 10K and 11K.
EDUCATION & CERTIFICATIONS
1984-1988 University of Texas at Austin
Bachelor of Business Administration Accounting
1990-present Certified Public Accountant
BOARDS & AFFILIATIONS
2007-Present Board Member and Treasurer The Ambulatory Surgery Center Association
1999-2002 Board of Governors and Healthcare Financing Committee The Federation of American Hospitals
Finance and Accounting for ASCs, 2nd and 3rd Editions, 2007/2011. Foundation for Ambulatory Surgery in America