VICTORIA BERGMANS, MBA, CHFP
**** ****** ***** ? Austin, TX 78722
Cell: 512-***-**** ? *********@******.**.***
HEALTHCARE FINANCE EXECUTIVE
Thought Leader(Change Agent
Accomplished senior finance executive with a verifiable track record of
success in driving strategies, initiatives and processes that generate
dynamic gains in financial performance and operational efficiencies.
Implement root cause analysis to direct change initiatives that increase
profitability and reduce operational complexity. Teacher, coach and mentor
at heart, with a collaborative management style and a reputation as a
problem solver and change management expert.
Expertise
Corporate Finance Management Financial Forecasting & Planning
Strategic / Tactical Planning & Financial Modeling & Analysis
Execution
Budget Development and P&L Leader Decision Support & Risk Analysis
Operational & Financial Risk Management Operational Analysis, Evaluation and
Changes
Pricing and Asset Optimization Lean Management Concepts
Treasury & Cash Management Building Coalitions to Achieve Goals
PROFESSIONAL EXPERIENCE
Chief Operating Officer, Empowerment Options, INC., Austin, TX - 05/07-
07/09
Responsible for the integrity of financial information and systems for a
privately owned long-term healthcare corporation that provides targeted
case management and residential/in-home support to people in ICF/MR Nursing
Facilities and HCS/CLASS/CBA Medicaid 1915 (c) waiver settings.
Provided central business office leadership for financial, accounting and
revenue cycle operations including, cash management, capital planning,
billing, A/R, A/P, payroll, general ledger, external reporting and end of
period reporting. Delivered sustainable change and turnaround of financial
functions; pinpointed and corrected inefficiencies, re-engineered
operations, and devised strategies to increase revenue and profitability.
Served as a member of HB 2540 Work Group (80th Texas Legislature Session)
tasked with developing a pilot cost report to simplify, streamline, and
reduce costs associated with Medicaid cost reporting and auditing
processes.
Recruited to turnaround a significant operating loss(successfully implemented
process improvements that have brought the company to profitability for 2
consecutive years.
. Introduced initiatives encouraging staff ownership of functions: efforts
cut bottleneck occurrences; reduced waste in core processes; facilitated
collaboration between departments.
. Decreased billing turnaround 15%: resulted in improved cash flow; turned
red operating lines into black; which paved the way for the acquisition
of a $1.2 million commercial building.
. Set benchmarks and standardized payroll workflow; cut payroll errors
99+%.
. Boosted occupancy to 96% by implementing a bed hold agreement and daily
reporting of facility census--promoted a business mindset among team by
instilling the importance of occupancy rate and the direct correlation to
the bottom line.
Served as a strong, motivational leader who placed emphasis on teamwork, clear
organizational alignment and accountability to achieve strategic business
goals.
. Developed key performance indicators based on financial modeling of the
HHSC rate factors and analyzed utilization patterns/case mix/cost to
assist the executive team with interpretation of the financial/operating
results.
. Achieved balance sheet integrity, prepared weekly cash forecast and
stabilized the issuance of timely and accurate financial statements to
comply with loan covenants.
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VICTORIA BERGMANS - PAGE 2
Cell: 512-***-**** ? *********@******.**.***
PROFESSIONAL EXPERIENCE CONTINUED
Chief Financial Officer, People's Community Clinic, Austin, TX - 01/05-
05/07
Multi-site non-profit ambulatory care practice, which serves as a patient-
centered medical home for 11,000 uninsured/underinsured children and
adults, using a holistic-teamed based approach to care.
Full accountability for day-to-day accounting practices, operating and
capital budget development, audit and internal control functions and the
financial strategy of new business initiatives. Member of Finance
Committee and presented CFO Report to Board.
Recruited for a 2-year executive assignment to re-engineer the revenue cycle
and patient access functions -within 90 days completed process mapping and
developed a 2-year end-to-end revenue cycle plan.
. Introduced ground-breaking philosophies and methods that: automated
routine tasks; increased provider productivity; cut inefficiencies;
maximized patient/carrier revenues.
. Delivered $260K return of sustainable revenue within 1 year--outstripping
board expectations.
. Attained cash flow targets and achieved 25% increase in cash collections
with an 8% boost in patient visits, within the 1st year by restructuring
the revenue cycle and financial operations.
. Attained 45% reduction in A/R for Medicare, Medicaid, Medicaid managed
care and CHIP product lines.
. Reduced denied claims 52% and denied charges 36% through the creation of
a cross-functional denial management team and implementation of
electronic data interchange.
. Increased days of cash on hand from 62 days (2004) to 143 days (2006).
Implemented growth strategy to maximize ROI and optimize team productivity
and efficiency.
. Developed pricing based on RBRVS cost accounting for the RFP issued by
DSHS for Title V, Title X and Title XX family planning services--that
obtained $500K.
. Conducted provider compliance reviews, including; prospective billing
reviews, chargemaster and billing system reviews for CHIP Perinatal and
the Medicaid Women's Health Program.
Regional Finance Director, Centene (Cenpatico), Austin, TX - 10/03-01/05
Served as a liaison to Centene corporate finance department. Responsible
for implementing and enforcing financial accountabilities, controls,
processes and systems to ensure the integrity of all data items on
revenues, medical costs and enrollment.
Served on Board of Directors for TEJAS (Centene/ATMHMR) and NCBH
(Centene/Hill Physicians Medical Group). Directed finance team in
preparation for the initial URAC accreditation survey. CBH was awarded 3-
year health plan accreditation (2005). Matrix reporting relationship to
Plan CEO/CFO.
Applied business intelligence and forecasted business trends to consistently
deliver mission-critical results.
. Responsible for analysis and completion of the financial section of the
RFP issued by the Arizona Health Cost Containment System to manage
behavioral health services for Title XIX and XXI recipients in Yuma,
LaPaz, Gila and Pinal Counties-- $78 million contract was awarded (2005).
. Analyzed historical enrollment, utilization patterns and claims
experience to develop the behavioral carve-out full risk capitation rates
and ASO fees for Centene-owned health plans in TX, WI, IN, OH (700,000
lives).
. Provided leadership for annual operating plan development and rolling,
quarterly forecasting activities, for premium, medical, and gross margin--
including medical trend analysis.
. Using the inventory/received claim methodology, collaborated with Medical
Director, Plan CEO, corporate finance, contracting, and claims to set
monthly IBNR, but held full accountability for the estimate. Provided
requested information regarding the calculation to Milliman and/or KPMG
on a quarterly basis.
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VICTORIA BERGMANS - PAGE 3
Cell: 512-***-**** ? *********@******.**.***
PROFESSIONAL EXPERIENCE CONTINUED
Regional Director of Finance, III, Mosaic, INC., Omaha, NE/Austin, TX -
01/96 - 07/03
$170.0 (M) non-profit long-term care organization that provides advocacy,
home health and residential services to people with intellectual
disabilities in 14 states and Great Britain.
Presented testimony at state and legislative hearings as Chair of the
Reimbursement Committee for the Private Providers Association of Texas.
Responsible for health policy analysis and recommendations as it related to
Medicaid. Matrix reporting relationship to CEO/CFO.
Member of a 5-person transdisciplinary team responsible for strategic
planning, directing operations and financial management of regional business
units with total annual revenue of $28 million.
. Selected by CFO to conduct in-depth financial analysis of business units
operating in deficit positions and negotiated and executed multi-million
dollar state/federal revenue contracts in AL, HI, OK, PA, OR, TX and
Great Britain.
. Standardized the billing/collection process for the TX business units,
which reduced outstanding A/R to less than 30 days and reduced bad debt
to less than .005%.
. Conducted quarterly internal audits to ensure billing
integrity/regulatory compliance with the OIG Corporate Integrity
Agreement and OMB Circular A-133.
. Responsible for identifying and translating financial data into
meaningful use to assist business unit leadership in developing/executing
annual operational plans/budgets.
Driver of organizational overhaul(charged with organizing strategic goals to
eliminate underperforming corporate lines of business.
. Led the due diligence process and participated in the sale of 2
underperforming Alabama business units--transfer of ownership was
completed within 45 days.
Led the development of a business plan to expand services to include an
integrated childcare facility in the San Angelo, TX business unit.
. Obtained funding of $200K from the Interagency Council on Early Childhood
Intervention for a respite pilot project.
Early Career
Operations Supervisor - ADULT RESIDENTIAL SERVICES, Grand Rapids, MI -
08/94 - 09/95
Practice Administrator - WEST SHERMAN DENTAL, Muskegon, MI - 07/79 - 07/94
EDUCATION and CERTIFICATIONS
Master of Business Administration, Grand Valley State University,
Allendale, MI
B.S. in Allied Health Education, Ferris State University, Big Rapids, MI
Certified Healthcare Financial Professional (CHFP), Healthcare Financial
Management Association
Lean Management Certification, ExpertRating
PROFESSIONAL ASSOCIATIONS
Member, Healthcare Financial Management Association (HFMA)
Member, American College of Healthcare Executives (ACHE)
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