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Manager Accounting

Location:
Frankford, Delaware, United States
Posted:
March 20, 2019

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Resume:

Michael G. Sabin

Email: ac8ugl@r.postjobfree.com

Cell Phone 412-***-****

Financial manager with a track record of improving bottom-line performance through cost reduction, operational improvements, and increased customer satisfaction. I have extensive knowledge of healthcare finance (including reimbursement and the revenue cycle), the healthcare delivery system, and healthcare data analysis and managed care.

Co-leader of a multi-department team which implemented a revenue enhancement initiative which resulted in an increase of more than $25,000,000 in revenue.

Identified viable cost savings of almost $2,500,000.

Increase revenue by $5,000,000 by developing an innovative risk-sharing arrangement which allowed our organization to partner with a nationwide organization.

Experience

FIRST PHYSICIANS CAPITAL GROUP, Oklahoma City, OK (12/17-5/18)

Controller

Managed staff of six in all accounting functions for a Critical Access Hospital management company.

Led transition from external accounting group to having all functions done in-house

Developed operating budget process and calendar

Cleared-up tax reporting and insurance applications issues that had lingered for over eighteen

months.

NORMAN REGIONAL HEALTH SYSTEM, Norman, OK (12/09-7/17)

Director of Decision Support

Direct staff of four in productivity reporting, budget preparation, monthly budget variance

reporting, monthly expense analysis, and all financial analysis and forecasting functions for a

$1.8 billion regional hospital system.

Led installation of new cost accounting, productivity and long range planning software

Revised productivity reporting and productivity standard review process to include peer comparisons which led to a 50 FTE reduction.

Updated budget review process which reduced preparation time by 15%.

Led selection and implementation process of new ERP system

GULFQUEST, Houston, TX (2/08-8/09)

Director of Finance

Provide day-to –day leadership to a 14-person Finance department for a $50 million

division of a publically-traded health care management company. Functional responsibilities

included AR/AP, general accounting, and financial reporting, statutory reporting and regulatory

reporting for 21 separate organizations.

Revised review and approval process to ensure that the organization passed annual SOX audit

Revised account reconciliation and account analysis processes to ensure that the organization to completed the 2008 audit without adjustment

Reduced cost of preparing regulatory filings by 80%

Michael G. Sabin

Email: ac8ugl@r.postjobfree.com

Cell Phone 412-***-****

KAISER FOUNDATION HOSPITALS, Oakland, CA (6/07–2/08)

Senior Manager Revenue Cycle SOX Compliance (Interim Position)

Provided guidance, developed work plans, and documented medical center revenue–cycle processes

to demonstrate compliance with SOX requirements.

UNIVERSITY OF PITTSBURGH MEDICAL CENTER, Pittsburgh, PA (7/05-10/06)

Director of Medicare Finance

Provided financial leadership to a $300 million division of an $800 million provider sponsored

healthcare organization.

Co-leader of a revenue enhancement initiative which resulted in an increase of

more than $25,000,000

Uncovered process issues that had cost the plan over $250,000 in revenue, by identifying members that were also eligible for extra government assistance

Established revenue recognition process and implemented monthly reporting for new government program

Developed and implemented process for tracking and calculating risk corridor exposure for new government program

Designed and implemented SOX controls for monitoring and reporting revenue for new government program.

SPECIALTY HOSPITAL OF NEW ORLEANS, New Orleans, LA (12/04-7/05)

Chief Financial Officer

Responsible for finance, reimbursement, patient accounting, medical records, purchasing, and central supply for a Long Term Acute Care Hospital within-a- hospital.

Improved billing and follow-up processes which increased collections by 65%.

Initiated daily cash and accounts receivable monitoring processes which reduced factoring cost by 25%.

NEW ORLEANS REGIONAL PHYSICIAN HOSPITAL ORGANIZATION,

Kenner, LA (12/01-5/04)

Chief Financial Officer

Responsible for all financial functions of $300,000,000 for-profit regional partnership which was owned 50% by a large publically-traded hospital company and 50% by seven local Individual Practice Physician Associations (IPAs).

:

Identified $2,500,000 in cost savings opportunities by using actuarial cost models to identify procedure specific cost variances and to demonstrate that the variances resulted from over-utilization.

Reduced insurance premium by $500,000 by demonstrating that the self-insured risk pools could assume a larger portion of the catastrophic risk

Improved accuracy and credibility of cost projections by designing utilization-based forecasting methodology which gave Board members more confidence in monthly financial reports. This led to an additional investment of $5,000,000 by our hospital partner

Michael G. Sabin

Email: ac8ugl@r.postjobfree.com

Cell Phone 412-***-****

SOUTHEASTERN INDIANA HEALTH ORGANIZATION, Columbus, IN (8/88-11/01)

Chief Financial Officer

Managed all financial functions of a $500 million not-for-profit hospital and physician sponsored managed care organization (including Enrollment, Information Systems, Risk Management, and Underwriting).

Accomplishments included:

Increased sponsoring providers market share, preserved reimbursement levels, and increased plan revenue by $5,000,000 by creating a risk sharing model to allow the organization to participate in the Medicaid program and negotiating a contract with a large national HMO to increase commercial enrollment.

Maintained revenue base of $8,700,000 and preserved sponsoring provider’s market share by improving retention time for self-funded client through creation of a comprehensive monthly reporting package and a simplified medical cost projection methodology.

HEALS HEALTH PLAN, Emeryville, CA (5/86-7/88)

Controller

SETON MEDICAL CENTER, Daly City, CA (10/82-5/86)

Director of Financial Analysis

Professional Affiliation

Financial Executives Networking Group (7/04- Present)

Education

Master of Business Administration – Accounting, Santa Clara University,

Santa Clara, California

Bachelor of Arts – Pre-Law/Math, University of the Pacific, Stockton, California



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