E DWARD M . Q UINN
East Norriton, PA 19403-3858
610-***-**** 215-***-**** Mobile
ablvj9@r.postjobfree.com
PROFICIENCY SUMMARY
A problem-solving, results-oriented leader with senior financial, administrative, and managerial experience in the private
and not-for-profit sectors ... Successfully integrated purchased physician practices and businesses into the parent company
and built top performing teams ... Turned around financial, clinical, and administrative operations, exercised P&L
responsibilities, established cost effectiveness programs saving millions of dollars, and built effective internal and
external working partnerships ... Restructured operations and resolved critical financial issues.
SELECTED CAREER ACCOMPLISHMENTS
Senior Principal Senior Principal April 2000 to the Present
An Association of Independent Consultants
• Established the financial reporting system at a publicly owned multi-site Behavioral Health Provider. This system was
designed to allow the external auditing firm to accomplish its work with a significant decrease in time and resources
and included the installation and implementation of new software, re-engineering of workloads and the recruitment of
new staff. (The previous two audits cost the client approximately $550,000 each; the ongoing cost should be
approximately $80,000 per year.)
• Served as the interim Chief Financial Officer for a large behavioral health provider while it was undergoing
restructuring through bankruptcy protection.
• Financial advisor to an international educational program designed to assist expatriates in forging closer ties with
Bosnian business and educational centers.
• Development of various healthcare related financial appeals (Medicare per-case TEFRA limitations, Medicaid Hospital
Disproportionate Share Payments etc.) for two proprietary hospital chains and the completion of the federal and state
cost reports (hospital and home office).
• Assisted the internal audit department of a national health insurer in developing work plans necessary to assess
financial risk and operational inefficiencies. Responsible to determine the level of compliance with federal and state
regulations and identify processing errors.
• Developed the plan of action and information required to drastically reduce Medicare and state Medical Assistance
penalties and overpayments for a large, multi-site health provider that failed to maintain the necessary statistical or
departmental financials as required by the applicable regulations,.
• Developed and secured approval for a client’s $2.2 million repayment plan to the Medicare Program; the fiscal
intermediary originally opposed the plan due to the provider’s poor financial condition and record for failure to meet
outstanding payment plans, worked successfully with the regional HCFA/CMS staff and the local congressional office
to develop a plan to meet all of the parties’ needs.
• Performed a workflow re-engineering of all non-academic areas (risk management, finance, admissions, registrar,
student services, human resources, athletics, library services and security functions) for a private University. This
process led to a refocusing of position responsibilities, significant increases in efficiency in these areas, a significantly
greater level of accountability and the establishment of effective methods to conduct internal audits of the systems and
information produced.
Administrator Liberty Surgical Center, LLC April 2006 to January 2010
• As Administrator for an Ambulatory Surgery Center I was responsible for the overall daily operations of the ASC as
well as physician recruitment and long-term planning. The Center was co-owned by a group of local physicians and a
national investor owned corporation. Successfully passed the Pennsylvania State Department of Health and AAAHC
accrediting body inspections with minimal to no recommendations. Recruited additional physicians to the center which
substantially improved operations as well as financial returns, re-vamped staffing, benefits and operations to obtain
greater benefit for the same cost. In addition to the administrative duties was also the Financial Officer responsible for
Edward M. Quinn Page 2
the preparation of the financial statements, budgets, projects, purchasing, payroll, and employee benefits; efficiently
managed the repairs and reopening of the center after a fire closed the facility.
The F r iends Life Care at Home™
Chief Financial Janua ry, 1998 - April, 2000
System
Officer & and
An insurance product providing
T reasurer Ma rch, 1996 - April, 1997
i n-home services to seniors
• As the first incumbent for this newly created post for a Senior Life Care Organization headquartered in
Pennsylvania with revenues of $12 million, defined the role and responsibilities of this key position.
• Participated in the development of the Friends Life Care at Home ™ System and the creation of the non-
profit operating companies and for-profit consulting company. This entailed active participation in the
development of board structure and responsibilities.
• Restructured the manner by which the organization controlled care expenses through the development
of an internal capitation system that was coupled with a process through which staff conducted internal
reviews and audits of the care provided.
• Designed and executed the financial feasibility study and composed the contracts and member
agreements necessary to obtain from the State of New Jersey regulatory approval for the development
of the first Home Health Care Plan in that State.
• Created the infrastructure for the New Jersey office and temporarily oversaw the New Jersey
operations.
• Formulated the administrative and financial plans for establishing operations in New Jersey, Maryland,
V irginia and Washington, D.C.
• Restructured plan protocols to address changes in the federal Medicare Program that reduced federal
coverage and/or imposed more-stringent eligibility requirements for home health and skilled nursing
care services.
• Participated in state-run committees and task forces that culminated in the adoption of the
i mplementing regulations for Life Care at Home programs to be offered in the State of Maryland.
Executive Vice President & Trident Medical Concepts, Inc.
Chief Operating Officer A Physician Group Management 1997 – 1998
Company
• Founding shareholder and officer of this start-up Physician Practice Management Company, created and managed
Trident’s due diligence standards prior to the acquisition of physician practices.
• Incorporated the practices of a national publicly traded chiropractic management company into Trident, increasing
the EBITDA of these clinics from a deficit of $603,000 to a profit of $278,000.
• Performed the due diligence review of various medical practices that were under consideration for acquisition.
• Successfully integrated into Trident’s operational structure the practices acquired, resulting in annual first year
revenues of $15.6 million and EBITDA of $4.2 million.
• Developed the corporate infrastructure for practice management, purchasing, information technology systems,
billing and collections and human resources.
Chief Financial Officer & Chief
1990 – 1996
Administrative Officer Valley Forge Medical Center &
Administrative Consultant Hospital 1996 – 1997
Edward M. Quinn Page 3
• Exercised P&L and administrative responsibilities for a for-profit acute-care Pennsylvania hospital
and the multi-disciplinary 67 member physician practice.
• Successfully turned around financial and administrative operations, policies and procedures and
i mproved employee morale as a result of the:
- Development and implementation of cost effectiveness/efficiency programs that saved more than $1.3 million/year.
- Institution of a proactive cash management program that reduced accounts receivable from 180 to 48 days,
generating $2.6 million.
- Creation of working partnerships with vendors and specialty purchasing groups that fostered trust and saved 16%
in expenses per year.
- Reduction of accounts payable outstanding days from 122 to 43 within a six-month period.
• Resolved crucial external financial issues including the:
- Negotiation and timely repayment to Medicare of a $1.4 million obligation.
- Reduction from $1.12 million to $750,000 of a settlement of Pennsylvania corporate income and stock taxes
covering an eight-year period, and the elimination of $400.000 of interest and penalties.
- Negotiation of a settlement with the IRS that covered taxes due for 1988 through 1997 that saved approximately $2
million.
• Reorganized/restructured financial and administrative operations and built strong esprit de corps and
solid teamwork; empowered employees, built interactive teams and spearheaded collaborative problem-
solving and strategic planning.
• Instituted a comprehensive Process Quality Improvement Program that successfully met standards
established by the Joint Commission on Accreditation of Healthcare Organizations.
• Analyzed, evaluated, and restructured the employee benefits program in a manner that reduced costs
by 35% while enhancing the quality and scope of services and dramatically improving employee
satisfaction.
• Empowered employees, built interactive teams and spearheaded collaborative problem-solving and
strategic planning.
OTHER APPOINTMENTS & EMPLOYMENT
Delaware Valley Medical Center Assistant Administrator & CFO
Warminster General Hospital Assistant Executive Director, CFO &
Nursing Home Administrator
Area Financial Manager Universal Health Services
Graduate Faculty The Wharton School
Global Consulting Practicum
Board of Directors, Docent The Friends of Laurel Hill Cemetery
Board of Directors Sharon Savings Bank
Graduate Faculty Penn State University
Health Policy & Administration
Undergraduate Faculty Ithaca College
Undergraduate Faculty Tompkins-Cortland Community College
EDUCATION
Masters of Theology LaSalle University
Philadelphia, Pennsylvania
MBA Rutgers University
Edward M. Quinn Page 4
Newark, New Jersey
BS in Business Administration University of Scranton
Major: Accounting Scranton, Pennsylvania
Participant:
"Negotiation for Senior Executives" Harvard University's Center for
Management Research
Various Professional Conferences Harvard University's School of
Public Health, the Healthcare
Financial Management Association
as well as through various legal and
accounting firms.