The originally stated goal was to provide Finance area leadership as Controller on an interim basis to stabilize and manage all Accounting Department operations and reporting and return credibility to financial reporting for a three-hospital system. After the departure of the CEO and CFO within 60 days of Warbird’s arrival, Warbird provided Finance Division leadership as Interim Chief Financial Officer, Accounting, Accounts Payable, Payroll, Reimbursement, Revenue Cycle Materials Management, Managed Care contracting, Treasury functions and vendor management.
The hospital CFO contacted Warbird’s revenue cycle professionals to discuss the hospital’s poor financial performance, lack of revenue cycle functionality, and limited cash on hand. The hospital was interested in understanding options to improve financial viability, revenue cycle outcomes, and system accountability […]