Experienced healthcare executive with a track record of success in providing strong leadership for hospitals and integrated delivery systems. She is a Chief Financial Officer and healthcare advisory consultant. Sandra’s current and past clients include both regional and community health systems. Her areas of expertise include financial management, operational leadership, physician relations/development, board interactions. She has demonstrated success in hospital turnarounds and the implementation of best practices. Sandra has excellent analytical, problem solving, and team building skills.
Executed a $25 million turnaround resulting in successive years of improved operating margins In conjunction with the CIO, lead a successful implementation of EPIC
Improved Revenue Cycle processes which led to increased collections of $50 million
Continued strengthening of the Balance Sheet; Assets increased from $730 million to $1.4 Billion, Cash and Investments increased from $129 million to $300 million
Days Cash on Hand improved from 110 Days to 300 Days
Increased Net Revenue from $525 million to $1 Billion though program development and acquisitions
Reversed a verbally received bond downgrade in 2008 to and outlook upgrade in 2010
Successfully refinanced Auction Rate Securities Bonds during the financial crisis of 2008, again refinanced bonds in late 2020 to take advantage of the lower interest rates
Negotiated joint venture with 49% ownership for the health system with local radiologists for an Independent Diagnostic Testing Facility
Negotiated the acquisition of critical access hospital and developed financial turnaround plan
Executed financial plan for the development of a 41-bed hospital and outpatient facility in a rural county which included USDA financing
Approved for participation in the Medicare Shared Savings Program with 8,000 attributed lives