CHRISTOPHER GIORNO

**** ***** ********* *******

Chicago, Illinois 60646-6153

Residence: 773-***-****

Business: 773-***-****

Email: acuw15@r.postjobfree.com

Expertise

Versatile healthcare financial executive with significant accomplishments in hospitals, medical centers, healthcare systems, and physician practice segments of the industry, outstanding proven success developing strategic initiatives that contribute to organizational effectiveness, bottom-line profitability, and organizational financial performance.

Financial Planning, Analysis and Reporting

Financial Modeling

Cost Accounting

Cash Management

Strategic Planning

Acquisition and Strategic Partnership Analysis

Improve Collections

Increase cash flow and Decrease Bad Debt

Measure Productivity/Reduced Labor Expenses

Decision Support System for Analysis, Simulation,

Forecasting and Optimization

Data Warehousing & Business Intelligence Certification

Professional Experience

Cornucopia Computer Modeling System, Chicago, IL (Healthcare Financial Consulting Practice) 05/02 to present

Consultant/Principal for an organization, which provides contracted consultation services to healthcare organizations. Majority of projects have involved performing quantitative financial analysis in a health care provider environment. Projects have included:

Developed physician practice Activity Based Cost Accounting models using Relative Value Units associated with CPT charge codes. Models are able to predict direct cost, allocated departmental and practice wide expense at a physician / CPT level.

Utilized 6-Sigma / Continuous Quality Initiatives techniques to improve practices revenue cycle performance

Conducted numerous practice wide analysis concerning physician productivity and compensation programs.

Determined economic impact of a proposed managed care contract using practice ABC cost model.

Developed forecasting tools which enabled physicians to see relationship between expected weekly clinic sessions and forecasted yearly charges.

Integrated decision support systems with cost accounting and financial planning tools.

Logical Information Machines Inc., Chicago, IL (Financial Databases Financial Markets) 05/00 to 04/02

Chief Financial Officer

Chief Financial Officer for this software company developing time-series databases for the financial markets.

Managed financial turnaround and strategic repositioning of organization.

Optimized financial performance, stockholder relations, 401k plan administrator, develop and maintain five-year business plan, generate and distribute Board of Directors report books.

Maintaining monthly sales pipeline report, assess profitability concerns, generate all customer contracts and participated in negotiation with customers, and perform financial impact analysis of proposed mergers and strategic partnerships.

Managed all aspects of financial recovery and organizational turnaround and restructured the organization’s financial objectives.

Set up European subsidiary including its banking relationship.

Cash flow increased an A/R reduced from 100 days to 15 days by improving collections policies.

Instituted corporate wide expense reduction programs saving an estimated $100,000 annually.

Restructured organization's personnel function including the development and implementation of an employee manual and a corporate travel policy.

Resource and assistance to outside consultants in the development of a corporate business plan.

Northwestern Medical Faculty Foundation, Chicago, IL. (Clinical Operations of Northwestern Medical School) 09/94 to 04/00

Financial Coordinator

Managed financial reporting systems within the Department of Medicine.

Assembled, organized, distributed and consolidated financial reports to senior management.

Established, appropriate systems for the analysis of third party reimbursement.

Engineered physician clinical effort database, which documented and summarized individual physician financial contribution within the Department of Medicine.

Devised, annual budgets in cooperation with financial and administrative personnel within the department, university, hospital and practice plan

CHRISTOPHER GIORNO

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Lutheran General Hospital and Health System, Park Ridge, IL (600+ bed Teaching Hospital) 11/90 to 08/94

Manager Budget/Senior Budget Analyst

Development and implementation of the hospital operational budget.

Initiated innovative Merit and Market Salary planning models.

Devised and maintained DRG product-line forecasting system.

Coordinated and collaborated on the development and administration of the health system five year financial planning model.

Formulated, prepared and programmed distributable operational budget process.

Prepared and produced employee detail payroll pay type database, which accurately quantified numerous salary planning analysis.

Michael Reese Hospital and Medical Center, Chicago, IL (600+ bed Teaching Hospital) 1/86 to 10/90

Senior Budget Analyst/ MIS Coordinator

Coordinated implementation and maintained institution’s decision support system.

Participated in operational and capital budget process.

Oversaw organization Treasury functions, managing the hospital short-term cash position including debt repayment and covenant compliance.

Maintained hospital charge master, performed all analysis related to charges.

Conceived, developed and implemented spreadsheet based operational budget process.

Initiated models to support institutional price increases, developed marginal revenue rates, determined market sensitive recommendation for senior management and implemented pricing solutions to meet funding solution.

Developed short and long-term cash forecasting model to more accurately forecast future cash position of institution.

Bank of Ravenswood, Chicago, IL ($300M progressive community bank) 09/78 to 12/85

Senior Business/Systems Analyst

Implemented and upgraded cost accounting system.

Designed structured customer profitability analysis, which was integrated into various areas of the bank.

Initiated product line evaluation with proposals and promoted recommendations to senior management.

Conducted and reconciled numerous expense analyses.

Managed and directed telecommunications systems.

Education and Certifications

Loyola University Chicago, Graduate School of Business, Chicago, IL 2001

Data Warehousing & Business Intelligence Certificate Program

Illinois Institute of Technology, Stuart School of Management, Chicago, IL 1980

MBA, Dual concentration Finance and Economics

Southern Illinois University, Carbondale, IL 1975

BS, Administrative Science, Dual concentration Human Resource Management and Organizational Behavior

Chicago City College Wright Campus, Chicago, IL

College core requirements, no degree

References

Available Upon Request.

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