An experienced Healthcare CFO with a record of improving organizational performance for for-profit, not-for-profit, and government hospitals from 20-1,300 beds, physician practice administration, and eight years as a national consultant to hospitals with Ernst and Young LLP.
Specialties include Revenue Cycle, Physician Relations, Turnaround, Negotiations, Cost Containment, Financial Analysis, and Operations Management. With health system, hospital, and physician practice experience, Dennis provides leadership and hands-on financial improvement across operations.
Key Healthcare CFO Accomplishments:
Reduced A/R days by 15%. A/R days were under 50, with over 400 days of cash.
Identified and implemented cost reductions and operational changes in a financial turnaround of a +200-bed hospital, within a health system.
Initiated and led collaboration and consolidation discussions with a nearby hospital to ensure continuing service to the community.
Improved lender relationships and negotiated favorable forbearance terms with bondholders.
Negotiated a multi-million-dollar sale of an underperforming outpatient center.
Improved cash by $10 million while reducing long-term debt by $20 million
Directed a $5.5 million system conversion with all segments installed on time and under budget. A/R was reduced by 5% within 60 days after conversion.
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