Strategic Plan Development

Sandra Martin

Email: *********@********.***

Address: *** ****** ******

City: Cayucos

State: CA

Zip: 93430

Country: USA

Phone: 661-***-****

Skill Level: Director

Salary Range: 200

Willing to Relocate

Primary Skills/Experience:

See Resume

Educational Background:

See Resume

Job History / Details:

SANDRA A. MARTIN Cell: 661-***-****

432 Stuart Avenue, Cayucos, CA 93430 *********@********.***

CHIEF FINANCIAL OFFICER

Strategic Plan Development / Turnaround & Growth Situations / Multiple Hospital Site Operations

Highly accomplished, goal-oriented executive with extensive experience in accounting and financial operations management encompassing tax-exempt bond financing, capital accumulations, revenue cycle improvements, cash flow acceleration strategies, joint ventures, sales of hospitals, and financial reporting. Strong qualifications in human resource management, clean audit facilitation, staff development, and third party payer contract negotiations. Resourceful problem solver with innate ability to identify challenges, determine opportunities, and create positive outcomes. Consensus builder reestablishing trust and confidence with organizational stakeholders by communicating accurate and relevant information.

CORE QUALIFICATIONS

Leadership & Team Building Financial Operations Management Tax Regulations & Compliance

Financial Planning & Analysis Operating & Capital Budgets Reimbursement Methodologies

Client Relationship Building Stakeholder & Board Communications Cash & Investment Management

PROFESSIONAL EXPERIENCE

SURGCENTER DEVELOPMENT, INC.

Management company of surgery center development LLC with 50 centers across the US generating $150M in net revenues.

CHIEF FINANCIAL OFFICER 12/2010- 8/2012

Senior executive responsible for all accounting functions of local center`s business office managers and four regional CPAs. Generation of monthly GAAP financial reporting, company consolidations, audit, and tax preparation. Hired specifically to desgin processes, subsidiary reports and entries to convert each center`s cash basis books to accrual reporting. Negotiated all audit and tax engagement contracts.

Planned, directed and finalized first time audit for 2010, resulting in 4 minor adjustments.

Simultaneously produced 2 years backlog of accounting work in 1 year. (2009, 2010) while keeping up with current years reporting (2011, 2012) as company grew from 24 to 50 centers.

Directed preparation of approximately 45 complex partnership tax returns (LLC`s) in 18 different states within 60 days after year end.

Developed supporting workpapers to track special allocations for complex 703 page tax return for parent company filed in 18 states.

Designed virtual work environment, managing staff working on both east and west coasts.

BURKART & ASSOCIATES, ACCOUNTANCY CORPORATION, San Luis Obispo, CA 2007 - 2010

Public accounting firm focusing on tax preparation for individuals, corporations, partnerships, estates, trusts, and non-profits.

SENIOR TAX ACCOUNTANT

Interview clients and prepare tax returns in accordance with Federal and State taxation laws. Advise clients on tax regulations and compliance. Research and communicate tax saving strategies to clients.

Secured 21 new tax return clients to practice over one-year period.

Reconstructed three years of tax returns from available information for trustee of deceased taxpayer. Resolved tax lien notices and reduced tax liability from $650K to $150K.

SANDRA A. MARTIN, CPA, Wasco, CA 2001 - 2004

Private consulting firm subcontracting through Wells Springs Partners - Performance Solutions for Hospitals.

CONSULTANT, HEALTHCARE FINANCE & HUMAN RESOURCES

Reviewed financial reporting systems, revenue cycle results, third party reimbursement, cash flow projections, and operating manager performance. Prepared and presented financial turnaround plans. Designed and implemented recruitment plans. Managed assignments ranging from two months to two years. Quantified potential targeted financial improvement. Clients included hospitals in Lake Charles, LA, Las Cruces, NM, and Bakersfield, CA.

Recommended $350K Hospital Board authorization of equipment and software improvements.

Improved cash collection by more than $6M in six months via introduction of Cash Collection Specialists.

Increased experienced RN new hires from three to eight per month, new RN graduates from 0% to 50% of local college graduating class, and hired five -hard-to-fill- management vacancies.

CATHOLIC HEALTHCARE WEST - KERN MARKET, Bakersfield, CA 1997 - 2001

$450M five-hospital regional group serving Bakersfield, Ca and county of Kern encompassing four acute care facilities ranging from 350 to 20 beds, mental health facility, two skilled nursing facilities, birth center partnership, home health agency, physician practice management company, medical office development company, and two foundations.

CHIEF FINANCIAL OFFICER, INTERIM (2000 - 2001)

Promoted through series of leadership positions and selected as Interim Chief Financial Officer (CFO) during crisis due to previous CFO experience. Directed regional financial operations supporting five facilities and affiliated companies with six direct and 200+ indirect reports. Managed regional Accounting, Decision Support, Patient Accounts, Admitting, Medical Records, Managed Care Contracting, and a Physician Practice Management company. Monitored cash position, budgeting, and third party reimbursement collection. Reviewed and presented Board and corporate financial reports. Presented variance explanation for monthly operating reviews. Led annual operating and capital budget development. Facilitated execution of external audits and served as designated contact person for financial information required by Board of Directors and corporate offices. Recommended and implemented operational improvements and ultimately closed underperforming operations. Served as financial advisor to CEO, Board, and management. Participated on senior executive team and reported to CEO and Division CFO.

Assumed senior executive role during financial crisis resulting in termination of previous CFO and CEO. Re-established credibility and accuracy of financial information. Resolved 100 audit recommendations made by external audits on prior year`s accounting operations.

Designed and implemented financial components of -turnaround plan- to achieve breakeven financial results from $50M loss.

Reduced labor expense by $1.2M and negotiated dissolution of three subsidiaries losing more than $3M and capitation contract losing $1M.

Increased cash flow by $12M in 10 months via reduction in net accounts receivable. Introduced 12 month trended P&L and statistical statements for Board and management to monitor changes in financial performance from month-to-month.

REGIONAL MANAGER OF RECRUITMENT (1998 - 2000)

Planned, designed, and implemented Regional Recruitment Strategy for five-hospital region. Led increase in RN`s and allied health professional hired to reduce facilities dependence on traveling/temporary agency staffing. Addressed critical staffing issues and booked traveling nurses to fill immediate needs of Nursing departments. Centralized open position requisition process utilizing two recruiters to locate candidates to fill vacancies at all five facilities.

DIRECTOR OF REGIONAL INTEGRATION (1997 - 1998)

Organized and facilitated team meetings of ancillary patient care and overhead hospital departments with goal of developing plans to eliminate duplicate costs spanning five-facility region. Served as coach to department head in preparation for presentations to Board. Presented summary report to Board identifying $1.3M in elimination of duplicate expense. Identified opportunities in Regional Recruitment and gained Board approval for strategy initiative.

DESERT HOSPITAL CORPORATION, Palm Springs, CA 1992 - 1997

400 bed acute care facility, $350M in net patient revenue, ambulatory surgery center, home health agency, foundation, and two medical office building partnerships.

CHIEF FINANCIAL OFFICER

Led five department heads and 200+ indirect reports within Financial division managing accounting, costs reports, revenue cycle (patient accounts/admitting), materials management, and risk management with $100M operating budget. Managed relationships with bond trustee and banks related to lending requirements of hospital`s debt. Analyzed and interpreted monthly financial results. Facilitated efficient execution of annual external audit. Ensured availability of adequate cash flows for operating capital requirements. Served as CFO for hospital foundation and executive contact for medical office building partnerships. Participated as hospital management representative on Finance and Investment Board Committees.

Reduced net days in patient accounts receivable from 64 to 48. Generated one-time influx of $10M in cash utilized to payoff outstanding line of credit. Slashed interest expense by $750K annually.

Identified $4M cash collection shortfall to hospital. Developed and executed six month plan that reduced annual operating expenses $10M through reduction in force and line item veto of expenditures.

Saved hospital $500K annually via conversion to Baxter -just-in-time- medical supply inventory system.

Prior tenure:

VICE PRESIDENT, FISCAL SERVICES, DELANO REGIONAL MEDICAL CENTER, Delano, CA

EDUCATION / CREDENTIALS

B.S., BUSINESS ADMINISTRATION & ACCOUNTING, CALIFORNIA STATE UNIVERSITY, Bakersfield, CA

HUMAN RESOURCES CERTIFICATE PROGRAM, CALIFORNIA STATE UNIVERSITY, Bakersfield, CA

CERTIFIED PUBLIC ACCOUNTANT, STATE OF CALIFORNIA

PROFESSIONAL AFFILIATIONS AND ACTIVITIES

Board Member, Central Coast Chapter, CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

Treasurer, SOUTH BAY WOMEN`S NETWORK

President, 1st Vice President, Treasurer, ESTERO BAY COMMUNITY NETWORK

Member, HEALTHCARE FINANCIAL MANAGEMENT

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