Healthcare financial and operating executive with 30 years of experience. Broad based industry experience includes for-profit and non-for-profit health systems, hospitals, physician management. With the ability to take large amounts of data and produce financial analysis and solutions, he has led departments including Accounting and Finance, AP/PR, Supply Chain, Revenue Cycle, including Health Information Management and IT. 

Sub-Specialties

  • Broad Based CFO Experience including Academic Medical Centers, Community-Based Hospitals, Physician Practice Companies, Non-for-Profit, For-Profit, Private Equity and Privately Owned Organizations
  • Problem solver that is Highly Analytical that possesses “Roll-up-the-Sleeves” approach to answering questions with solutions
  • Ability to Work Up and Down the Organization to solving problems from Board of Directors to Operational Managers
  • Systems Conversions including General Ledger, Accounts Payable, Payroll, Supply Chain.  Revenue Cycle includes Electronic Medical Records and Billing Systems
  • Fair Market Value Analysis for Acquisitions and Physician Productivity and Compensation
  • Mergers and Acquisitions including Due Diligence, Regulatory Approvals, Asset Purchase Agreements and Mergers
  • Revenue Cycle experience including growing a private Medical Coding Company; also, management of outside vendors working as extensions of In-house Revenue Cycle team
  • Managed Company Restructuring to ultimate Asset Purchase Agreement and avoiding Bankruptcy
  • Traditional CFO experience with Monthly Board of Directors presentations, monthly closing process, annual budget, annual independent audits, etc

Professional Experience

Prior to joining Warbird, Steve lead Financial oversight for 125 employed physician network which included 2 Surgical Specialty Hospitals, 2 Ambulatory Surgery Centers and 20 Hospital Outpatient Clinics and Physician Practices specializing primarily in Orthopedics with other surgical sub-specialties. 

Steve specializes in: Mergers and acquisitions, restructuring, data analytics, revenue cycle redesign, budgeting and forecasting, banking relationships, audit and taxes, business development, compliance, managed care contracting, physician compensation, systems conversions, board relations, and cash flow management. 

Professional Accomplishments

  • Provided 18 Month Forecast with Goal of Achieving Improved EBITDA through various Growth Initiatives and Operational Improvements

  • Managed Chief Restructuring Group on Enterprise Cash Flows while working directly with Regulatory Agencies (FTC and PA Attorney General) to Approve Sale of system

  • Implemented Operational Improvements Annualized at Expense Reduction of $16.0M while improving Revenue Cycle Performance Indicators and Reporting

  • Established Financial Controls with Operations for Physician Practices while standardizing Physician Incentive Reconciliations

  • Developed FMV and pro-forma model which has reduced annual expensed paid to outside consultants in additional to establishing fair threshold metrics for physician incentives

  • Implemented and converted EHR and Physician Management Billing system across the practices while also converting Financials systems (GL/AP/PR) to Lawson

  • Worked to grow a start-up Health Information Management Services organization providing Health Systems, Hospitals, and Physician Practices remote medical record coding services, coding audits, post-discharge review, and Medicare DRG review

  • Served as Compliance Officer to ensure appropriate billing and coding processes while negotiating contracts with various commercial payors

  • Established Outpatient Scheduling and Registration Workgroup which produced year-over-year growth of 6.0% with a primary focus on owned-practice referrals

  • Developed enhanced reporting for service line profitability to identify trends and opportunities for improved financial performance while implementing Reprocessing Program producing annual savings

  • Advised senior management and Board of Directors on the financial implications of business activities. Played a key role in the organizations strategic planning and help initiate, advise and critique financial arrangements the organization might consider such as capital projects, investments, acquisitions and strategic alliances

  • Provided day-to-day leadership and management to finance that mirror the mission and values of the organization. Acted as the point person for all fiscal matters internally, providing advisory services and reporting to the CEO