Superstar Interim CFO Executive

interim cfo

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Here are some highlights of ONE of the exceptional candidates we are representing:

  • MBA Degree
  • 10+ year in Financial and Accounting Services executive experience in hospital area.
  • Led 12-month $10,400,000 financial turnaround, transforming fiscal year 2016 $9,800,000 loss into fiscal year 2017 $1,100,000 gain and repeatable $1,100,000 gain in fiscal year 2018.
  • Grew net assets by 6.3% in two years.
  • Spearheaded two separate debt restructurings; lowered annual expenses by $850,000 (12% savings).
  • Improved system’s rating in 2012 from BBB to A- with stable outlook reaffirmed through 2015.
  • Increased days’ cash on hand from 190 in 2010 to 290 in 2015 (53% increase).
  • Grew total assets from $510,000,000 in 2010 to $600,000,000 in 2015 (15% increase).
  • Chaired Board of the System’s captive insurance company; achieved 18% reduction in annual premiums.
  • Provided executive oversight for installation of new revenue cycle IT system achieving $10,000,000 of annual benefits.
  • Providing three years’ savings of $9,000,000 and cost avoidance of $20,000,000.
  • Developed supply chain value analysis program, generating $10,800,000 savings over three years.
  • Established ambulatory pharmacy, reducing employee benefit prescription costs greater than $1,000,000 annually.
  • Increased days’ cash on hand from 115 in 2001 to 400 in 2010.
  • Grew total assets from $122,000,000 to $450,000,000, and $1,500,000,000 post-merger.
  • Increased annual operational revenues from $64,000,000 to $240,000,000, and $1,000,000,000 post-merger.
  • Pooled investments and updated investment policy resulting in cash growth from $25,000,000 to $180,000,000, and $920,000,000 post-merger.

For more information review American Hospital Association

For more information on Hospital Executives check out American College of Healthcare Executives

For additional information on Nurse Leadership Advocacy check out American Organization Nurse Executives


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