ALBERT (Skip) J. McRAE

*** ****** ***** *****, **********, SC 29118

H 803-***-**** . C 803-***-****; abk95i@r.postjobfree.com

An experienced healthcare financial management executive with a proven and

recognized record of accomplishments. Skill set includes a unique

combination of financial management, administration, internal audit, sales

and marketing, and an ability to resolve problems and achieve

organizational goals.

PROFESSIONAL EXPERIENCE

5/2004 to Present THE REGIONAL MEDICAL CENTER, Orangeburg, SC

285 Bed Community Hospital

Corporate Compliance Auditor

Responsible for all internal audit functions.

. Designed an audit program for IV administration and coding. Discovered

that nursing was not documenting IV start and stop times. Added $500K

to $600K to the bottom line.

. Implemented audit techniques for monitoring employees access to

medical records. Weakness was discovered before becoming a significant

problem.

. Developed an audit program for auditing the Wound Center. Coding

errors were discovered. Once corrected, cash was increased by $110K.

. Developed audit program for Pharmacy when converting to a new computer

system. Discovered many issues which would have resulted in much lost

revenue.

. Coordinated the audit of employee health claims, saving the hospital

approximately $20,000 per year

2006 Director of Mabry Cancer Center Regional Medical Center of Orangeburg

Served as manager for all operations of this free standing Cancer Center

. Re-designed the pharmacy charge system and increased cash by $145,000.

This required understanding the pharmacy J codes and how they should

be charged to comply with Medicare regulations.

. Managed the daily activities of our full service stand alone

diagnostic and therapeutic Cancer Care Center. Analyze current needs

and future needs in order to better take care of our patients.

2003 ST. JOSEPH'S HOSPITAL, Tampa, FL

880 Bed Community Hospital

Providing consulting services to CFO assisting with: hospital annual

department budgets; capital budgets; and net revenue budget

11/1998 to 6/2002 UNIVERSITY OF MISSISSIPPI MEDICAL CENTER, Jackson, MS

750 Bed Teaching Hospital

Director of Finance

Responsible for financial reporting of all non hospital businesses

. Implemented accounting and management reporting systems for the

department of correctional medicine capitated payment program, emergency

physicians staffing department, physicians practice plan diagnostic

departments,

. Directed the financial analysis, controller functions, accounts

receivable, and other fiscal related activities. Developed a set of

management indicator reports that facilitated a 10% expense reduction.

. Directed activities of contracted billing vendor for Emergency

Physician and Rural Health Clinic services. Renegotiated the billing

contract. This reduced the billing fee while collecting $20,000 more

cash for the physicians.

. Developed an operating and accounting system for University's

Emergency Physicians Staffing Department. With more timely and

accurate information, management was able to control revenues and

reduce expenses.

. Developed an Incurred But Not Reported system. This resulted in more

accurate reporting of insurance expense.

. Established accounts receivable polices and procedures that increased

cash collections by $1,100.000.

. Re-negotiated contract for the radiology billing services. After

negotiation, the billing service provided a superior level service at

a lower cost to the Radiologist.

1997 - 1998 CONTRACTUAL ENGAGEMENTS

Georgia Baptist Hospital, Atlanta, GA 400 Bed Community Hospital

. Prepared budget and cash flow projections.

HouseCall, Atlanta, GA Large Home Health Company with 2,000,000 visits per

year

. Prepared a plan for converting six different charts of accounts to a

standardized version.

Mountainside Medical Center, Jasper, GA 65 Bed small rural hospital

. Prepared departmental budgets and capital budget. Also performed CFO

duties while the CFO was out on medical leave.

1994 - 1997 QUALITY EQUIPMENT SALES AND SERVICE/COTTAGECARE, Richmond, VA.

President - Entrepreneur

. Developed and implemented a business plan that guided me through the

start up of a fledging company with a minimum of unexpected events.

1992 - 1994 BIRMAN AND ASSOCIATES, INC. Cookeville, TN

Vice President Sales

Responsible for sales and marketing plan for the company and growing the

business

. Marketed the company's services throughout the United States.

. Presentations to hospital CEOs and CFOs.

. Sold 15 contracts in 18 months. This added an additional $5,000,000

in revenue.

1991-1992 CHARTER MEDICAL, Richmond, VA

150 Bed Psychiatric Hospital

Chief Financial Officer

Responsible for all financial reports, budgeting, and plans

1980 - 1991 HCA MANAGEMENT COMPANY, Nashville, TN

Large Hospital Management Company

CFO Bascom Palmer Eye Hospital

District AVP, HCA Management Company Florida Division - hospitals ranged

from very rural to sophisticated urban teaching hospital

. Oversaw financial operations of 9 hospitals throughout Florida

. Advised and consulted with Administration

. Gave Board Presentations

Vice President of Hospital Finance, Memorial Medical Center, Savannah, GA

1977 - 1980 HOSPITAL AFFILIATES, INC.

Assistant Controller Coral Reef Hospital 150 bed community hospital

CFO Rappahannock General Hospital 75 bed community hospital

CFO, Coral Gables Hospital, Miami, FL 210 bed community hospital

EDUCATION & CERTIFICATION

. BS Business Administration, Major in Accounting Auburn University,

Auburn, AL

. BS, Aviation Management, Auburn University, Auburn, AL

. Deming Quality Improvement Process

. Certified Internal Auditor (CIA) - Currently preparing for exam (Gleim

Course)

PROFESSIONAL AFFILIATIONS

. Healthcare Financial Management Association

. Association of Healthcare Internal Auditors

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