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Project Manager Customer Service

Location:
Springboro, OH, 45066
Posted:
March 16, 2010

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Resume:

DAVID G. STURGEON

** *. **** *** **. Springboro, Ohio 43230

abm2ui@r.postjobfree.com 937-***-****

Profile: Healthcare executive experienced in financial, operational and

strategic leadership

. Develops strategies focused on attaining specific results

. Leads executive team to accomplish stretch goals and innovate

. Clearly communicates the need for patient safety, quality and

efficiency

. Creative, energetic, hands-on leader with Fortune 500 and NFP

experience

PROFESSIONAL EXPERIENCE

6/08 - Current Cincinnati Children's Hospital Medical Center

500 bed Magnet certified, academic facility ranked 3rd best general

pediatric hospital by US News and World Reports.

EXECUTIVE BUSINESS DIRECTOR FOR PATIENT SERVICES

. Senior business leader in the patient care organization -

generating $1+ billion revenue at multiple sites and employing

3600 FTE

. Spearheaded operational and financial performance by

implementing productivity measurement; Tool allows each

department to measure / adjust daily staffing per unit of

service

. Oversaw effort to identify incremental revenue and margin

opportunities across entire division of over $2M; resulting in

FY09 margin favorable to budget by $65M or 10%

. Manage 18 business directors for Nursing, Surgery, Pharmacy, ER,

Therapies and Clinics who focus entirely on critical business

and improvement issues

. Challenging executive leaders to increase operating efficiency /

improve existing practices

4/05 - 5/08 Premier Health Partners (Dayton, Ohio)

Integrated health delivery system comprised of Miami Valley, Good

Samaritan and Middletown Regional Hospitals and Premier

HealthNet

VICE PRESIDENT AND CHIEF FINANCIAL OFFICER - PREMIER HEALTHNET

Dayton's largest physician group with 150 employed primary care,

specialist and hospitalist physicians

. Strengthened financial, HR and IT functions during period of 40%

growth in physicians and practices. Designed implementation of

Epic EMR.

. Negotiated significant managed care contract increases (up to

30%) and maximized payment for quality incentives

. Took actions to financially protect employed physicians and

maintain loyalty when out of contract with largest commercial

payer

. Established strategic specialist practices despite limitations

created by Stark II legislation

. Created and led start-up of retail clinics, (similar to Minute

Clinic) staffed by nurse practitioners in local Kroger stores to

increase physician network visibility and referrals

. Advised individual physicians, physician governance group and

network board of directors

. Replaced 3rd party retirement plan administrator, improved

service to participants and eliminated 100% / or $150k of

administration expense

4/02 - 3/05 ASSISTANT CHIEF FINANCIAL OFFICER - MIDDLETOWN REGIONAL

HOSPITAL

Innovative, community hospital with 130 average daily census and

$150 million of net patient revenue

. Increased focus on operating department's financial performance

via contribution margin analysis

. Implemented 'action oriented' monthly analytic results review

for executive team

. Developed physician profiles to identify ALOS and resource

utilization outliers by DRG

. Strengthened financial position prior to construction of

replacement hospital with $6M of off balance sheet lease

financing for critically needed replacement beds and radiology

equipment

DAVID G. STURGEON - Page 2

. Crafted innovative expense reduction options during annual

budgeting process

. Directed long term planning related to $200M replacement

hospital

. Substantially improved administrative compliance and funding of

health system's cash balance retirement plan

2/01 - 3/02 INDEPENDENT FINANCIAL CONSULTANT TO BATELLE INSTITUTE, TEAM

AMERICA and RESOURCE INTERACTIVE

. Evaluated accounting software packages for start-up, technology

business

. Participated in improvement projects and supplemented accounting

staff

3/00 to 1/01 SubmitOrder.com, (Columbus)

Start-up e-fulfillment distributor and customer service provider for

brand name national retailers including Estee Lauder, Kmart,

American Eagle and Dick's Sports

CONTROLLER - INFORMATION TECHNOLOGY GROUP

Managed $75 million software development and infrastructure

budget to build the core warehouse distribution systems.

. Negotiated the purchase of hardware, software and consulting

services

. Raised $8 million of external cash through creative asset

financing

12/95 - 2/00 Cardinal Health Inc., (Columbus)

Fortune 50 pharmaceutical and medical supply provider

CONTROLLER - INFORMATION SYSTEMS GROUP

Provided financial management to strategic IT function with $100

million budget and 500 employees. Responsible for financial

reporting, budgeting analysis, financial policies and capital

asset justification

. Assisted with consolidation of four regional data centers into

one

. Eliminated one phone carrier; savings equaled $2 million

annually

. Introduced streamlined corporate-wide PC procurement process

. Oversaw accounting capitalization of $20 million annual

internal software development

12/89 - 12/95 Ohio Health; large integrated health delivery system

including Riverside and Grant Hospitals, (Columbus)

FINANCIAL AND OPERATIONS MANAGER

Provided internal consulting to affiliate hospitals resulting

in:

. Recommended win/win option for outpatient dialysis services

requested by grassroots community group

. Reduced number of collection agency vendors; annual savings

equaled $6 million

. Analyzed price and market share of competing hospital's

service lines

. Led valuation of proposed $60 million hospital acquisition

. Prepared competitive analysis presentations for board of

directors

11/87 - 11/89 Cardinal Industries Inc., (Columbus)

Apartment and motel developer.

FINANCIAL PROJECT MANAGER

Developed innovative real estate financing options.

. Structured a $70 million apartment real estate investment trust

IPO; including selection of properties, due diligence,

prospectus preparation, road show presentation, investment

banker

and law firm coordination.

. Negotiated creative mortgage financing and construction

loans.

DAVID G. STURGEON - Page 3

12/85 - 10/87 Bank One (Columbus)

MANAGER, FINANCIAL PLANNING AND ANALYSIS - CREDIT CARD DIVISION

. Managed financial reporting, budgeting and analysis for 500

employee division servicing $900 million credit card portfolio.

. Evaluated effectiveness and profitability of intensive direct

mail solicitations.

. Assisted in first ever credit card receivables securitization;

$50 million through Salamon Brothers

11/81 - 11/85 Mead Corporation, (Dayton)

Paper and forest products

OPERATIONS ANALYST / SENIOR FINANCIAL ANALYST

. Conducted analyses for manufacturing divisions.

. Investigated business investment options in China.

. Assisted with financing and divestitures which allowed for

successful recovery from risky, high debt position.

. Prepared presentation for board of directors, bankers and

credit rating agencies using multi-year,

corporate profitability modeling.

8/79 - 11/81 Dayton Power and Light Co., (Dayton)

FINANCIAL ANALYST

. Assisted with new debt and equity offerings.

. SEC reporting

EDUCATION

Wright State University Dayton,

Ohio

M.B.A. Finance - 1984

B.S. Accounting - 1978

Intermediate Improvement Sciences - a project oriented

quality and process improvement class. Cincinnati

Children's - 2009

COMMUNITY / ORGANIZATION MEMBERSHIP

Certified Healthcare Financial Professional - HFMA

American College of Healthcare Executives

Former Board Member - Healthcare Financial Management

Association, Southwest Ohio Chapter

Former Board Member - American Heart Association, Dayton Chapter

Former Adjunct Faculty - Franklin University, Columbus, Ohio

Eagle Scout



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