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.
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.
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