Health Care Management
Resume:
JIM PENNINGTON
Wichita, KS *7205
**********.*******.**********@*****.***
Positions Held
Senior Healthcare Consultant/Principal Pennington Interim Management
1986 to present Wichita, KS
Chief Financial Officer Health Care Plus of America (HMO)
1983 to 1986 Wichita, Kansas
Other Senior Management Health Care Positions
1975 to 1983
Chief Financial Officer Oklahoma Hospital Association/Tulsa, OK
Administrator Bethany Medical Clinic/Oklahoma City/OK
Controller Presbyterian Hospital/Oklahoma City/OK
Chief Financial Officer Memorial General Hospital/Las Cruces, NM
Education
Bachelor of Science in Business Beta Gamma Honor Society
Major: Accounting - Oklahoma City University, 1972 Graduated Top 8% of Class
My college education was completed while working full time at AT&T and married with two sons.
Personal
Born: August 2, 1947, Springdale, AR Married: 49 Years
Health: Excellent Two Children and Four Grandchildren
References
Gary Morsch, Physician, Author, Docs Who Care, Heart To Heart International, 913-***-****
"I have worked with and along side Jim Pennington for nearly 30 years, and he is one of the most energetic, imaginative, focused, faithful, effective leaders I know. I would love the opportunity to work with Jim again if I get the chance. If you need a proven leader, you can no better than Jim Pennington!" – As posted by Dr. Morsch on Jim’s LinkedIn profile.
David Kibbe, Healthcare Leader and Developer, Sr Vice President, Cone Health, 336-***-****
“Jim Pennington is simply one of the most sincere, thoughtful and straight-forward professionals with whom I have worked. He is business like in all his conversations yet warm and thoughtful about people, relationships, and the long term implications of actions to be taken.” – As posted by David Kibbe on Jim’s LinkedIn profile.
Mical DeBrow, PhD RN, Associate Director, Health Economics and Outcomes Research at Boerhinger Ingelheim, 504-***-****
“I have known James Pennington for more than 15 years. I worked for and with him in Baton Rouge, LA. His leadership and example have been guiding principles in my life. He taught me that it is possible – no essential to work in the real world, do great work, perform ethically and be successful. “Jim” is a remarkable man and one who’s friendship I value greatly.” As posted by Mical Debrow on Jim’s LinkedIn profile.
JAMES L. PENNINGTON
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Background Highlights
Pennington Interim Management
As Senior Healthcare Consultant/Principal of Pennington Interim Management, my clients include managed care organizations, hospital systems, physician clinics, home health agencies, physician hospital organizations, and medical programs associated with universities. I have proven effective in multiple short and long-term projects including leading the turnaround, sale, and/or wind down of managed care organizations. I am an excellent negotiator having successfully negotiated settlements between providers and managed care plans with disputed risk-based contact payouts. My client projects have included serving as interim President/CEO of some very troubled health plans and several have spanned eighteen months in length. My typical clients have had high profiles in their respective communities including Providence Health & Services, United Healthcare, Adventist Healthcare, Gulf South Health System, Physicians Corporation of America, Columbia Healthcare …..
My strength lies in my comfortableness in annualizing and using relevant data in acquiring, starting, growing, selling and unfortunately sometimes closing health care organizations. My love of meaningful data started during my first 10 years of my career with AT&T in their manufacturing unit – Western Electric. My love of applying data being to operational challenges has been continually fed by the companies and talented people to which I have been constantly drawn. My management style brings organizational stability in turbulent times, and my negotiating/contracting skills have often led to either cost avoidance or direct measurable savings of millions of dollars for my clients. Additionally, I have enjoyed a successful working history with the Departments of Insurance of several states as well as national health care regulatory agencies. I have a documented history of effective interaction with community leaders and public media.
C.F.O. of Health Care Plus of America, Inc. (Regional HMO), Wichita, KS
1.Developed systems and controls supporting a company growth rate of 5% per month for three years.
2.Developed and implemented sophisticated Budgeting, Monthly Reporting, and Monitoring Systems.
3.Recruited, trained and motivated a finance staff of sixty, spread throughout three states.
4.Led conversion from nonprofit status to a forprofit corporation, working with Kansas and Federal agencies to obtain approvals.
5.Worked with Venture Capital proposals and evaluated economic and noneconomic costs.
6.Participated in the team assigned to evaluate several proposed health plan and TPA acquisitions.
7.Played a prominent role in the eventual sale of the H.M.O. to a national company, evaluating several offers.
LinkedIn Profile Link
http://linkedin.com/in/jimpenningtonpim
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