Senior-level executive with comprehensive healthcare experience in large, multihospital healthcare systems, physician group practices, for-profit home health and biotech companies, mid-size community hospital systems, and Big 4 Accounting firms. A team-builder with proven track record of accomplishment. Broad finance and operations experience gained in publicly-held and private companies, including startup and turnaround situations.
Managed all financial aspects of Summa’s response to the Coronavirus pandemic including cost containment, federal financial
assistance, communications with rating agencies and banks, and securing $100M line of credit at an attractive rate
Restructured Summa’s debt portfolio including the completion of a $312M Series 2021 Financing. Achieved the tightest credit
spread by an insured non-profit hospital since 2019
Initiated a correct coding and 340b management engagement resulting in significant improvements to Summa’s overall revenue
cycle
Significantly improved Mount Carmel’s managed care contracted rates adding nearly $100M in net revenues over two years
Drove improved accountability for financial performance and significantly narrowed operating margin gaps over multiple years
Restructured Finance Division, developed existing leaders and, where necessary, appointed new leadership
Heavily involved in population health initiatives including Board Chair of MediGold, a provider-owned Medicare Advantage Health
Plan, ACO’s, MSSP, and bundled payments
Rebuilt Adena’s Finance Department to better serve the organization adding talent, functions (Treasury Management, Decision
Support, Reimbursement, and Financial Planning) and improved processes for Capital Expenditures, Productivity, and Manpower
management
Completed $143M refinancing of variable rate debt, and financed new Adena Cancer Center with $30M Bank Qualified Financing
Received rating upgrade from Moody’s, A2 Stable from A3 Positive, and outlook upgrade from Standard & Poor’s, A Stable from
A Negative
Created overall strategy for SOHCN deal structure for $16M FCC telecommunications grant