Janet Huffman

acwxll@r.postjobfree.com

941-***-****

Summary

Experienced healthcare professional with over 13 years’ experience in analyzing needs and creating unique business solutions designed to yield profitable outcomes. Demonstrates professional leadership through impacting bottom-line credibility and driving productivity and revenue by streamlining inefficient procedures.

Areas of Practice

Financial/Operational Analysis and Management, Due Diligence Research and Recommendations, Best Practice, GAAP, General Ledger, Analytics, Payroll, Organizational and Cultural Change, Efficiency Improvements, Process Reengineering, Contract Management and Negotiation

Industry Lines

Health Care, Home Care, Hospice, Multi-Specialty Medical Practice, Radiology, Hospitalists, Real Estate, Construction, Property Management, Advertising, Web Design and Marketing

Technical Proficiencies

QuickBooks, Excel, Access, Outlook, Word, Home Solutions, Home Care Home Base, McKesson, MAS 90, Great Plains, Windows 10, GE Centricity, PowerPlay, ImPromptu, ESolutions, Ability

PROFESSIONAL EXPERIENCE

Family Home Health Services Title: Vice President of Finance (2014 to current)

Responsible for overall financial management, all accounting controls, cash management, planning/budgeting functions, and a key contributor for strategic direction and process improvement.

Provide CEO and operations with actionable information to 1) lower cost 2) generate and manage cash and 3) increase revenue.

Manage Billing and Collections team. Proactively manage relationship with, and billing of, Medicare and commercial insurance providers as well as related agencies;

oImproved cash collections from 92% of revenue to 95% of revenue

oImproved AR greater than 120 days from 35% of total AR to 18% of total AR

oCreated processes and accountability with regard to working claims and increasing collections on claims

Prepare board level presentations / analysis and deliver in effective manner.

Maintain day-to-day banking relationships.

Provide the CEO and Financial Investors with current weekly updates on the business metrics and budgeted vs actual performance with regard to sales and financial budgets.

Drive operational metrics that helped improve on known opportunities and had a direct, positive, and significant impact on EBITDA growth year over year, including but not limited to the following:

oMetrics that reduced negative adjustments and improved revenue

oMetrics around cost per visit; analyzing strategy to reduce cost of sales with lesser disciplines and full time staff adjustments

oImprove vendor relationships and outstanding AP balances to reduce other overhead expenses

Responsible for financial portion of acquisition integration and due diligence.

Manage a portfolio of real estate leases, negotiating leases, and maintaining expenses.

Manage Collections & Billings department, Accounting and Finance, and IT Department along with corresponding budgets. (team of 10 direct reports)

oSuccessfully managed IT team of 3 and the integration of 3 new locations with regard to connecting them to server, integration of phone systems, and integration of all office equipment and digital information

Responsible for cash flow analysis, management of cash, and $4M revolving line of credit.

oReduced outstanding and aged AP by more than $1M 2014 to 2015

oImproved liquidation rates from 89% to 96.3%

oReduced ineligible AR by 48% improving positive cash flow and LOC availability

Responsible to schedule routine accounting audits and or reviews both at the general office and at the operating units. Audits and reviews include verification of cash controls, payroll, accounts payable and other appropriate reviews.

oAlways obtained an unqualified opinion

oReduced the time to completed year-end audit by 2 months

Internal Medicine Associates of Lee County, MD, PA. Title: Finance Manager (2013-2014)

Directed and managed a team of accountants, financial analysts, Payroll team, Billing Specialists, Customer Service Representatives, A/R Specialists, CPC Coders and Auditors.

Managed all third parties to which any accounting, financial reporting, treasury, legal, insurance, benefits and HR functions/activities were outsourced.

oreduced annual Workers Comp insurance expense by $20K

oreduced annual property expense by $10K

oMaintained flat annual expense for E&O and Cyber policies

Presented Financial Statements and provided monthly recommendations and analysis to the Finance Committees, Executive Committee, and all Share Holders quarterly.

Directed the preparation of a complete financial package and reports monthly and annually.

Assisted in formulating the company's future direction and supported tactical initiatives.

Monitored and directed the implementation of strategic business plans supporting growth initiatives, and developed performance measures that supported the company's strategic direction.

Administered ICD-10 compliance and education program for physicians, employees, and coding staff

Improved reimbursement and denial management process, decreasing denied claims and improving reimbursement and gross receipts.

oReimbursements lost to denied claims were reduced 30%

Negotiated contracts with commercial payers improving reimbursement rates.

Reorganized the Business Office and reengineered the charge post process improving reimbursements, reducing denials, and increasing cash flow.

oimproved DSO from 90 days to 60 days

oimproved cash collections from 90% to 98%

oimproved coding and average reimbursement per encounter by $100

Infinity Home Care Titles held: Finance Manager, Business Analyst, and Regional Director of Operations (2009 – 2013)

Directed, managed, and developed a team of highly skilled accounting professionals capable of establishing and achieving company objectives and goals. Team of direct reports varied from 4 to 20.

Established and maintained adequate internal controls and processes that met and exceeded rules of Best Practice, GAAP, and SOX.

Coordinated with external auditors annually and periodically throughout the year to accomplish financial and internal control audits.

oAlways obtained an unqualified opinion

Managed and developed a team of A/R specialists, A/P Specialists, General Ledger Accountants, Financial Analysts, and Purchasing Specialists.

Managed the Information Technology Team of 4.

Implemented process improvement and process reengineering to:

oReduced monthly close time by 10 days

oImproved accuracy of financial statements and integrity

Implemented new CRM software program “Homecare CRM”.

Analyzed and reviewed financial statements monthly/annually before they were presented to the Executive Team, Investors, and Board of Directors.

Presented, monthly and annually, and interpreted financial statements, financial reports, as well as financial analysis to Executive Team, Investors, and Board of Directors.

Negotiated contracts adhering to regulation of the Federal and State governments and company policy and procedure.

Managed Medicare and Commercial Insurance billing processes.

oSuccessfully improved financial health of the companies by reducing days to bill and increasing cash flow

Project manager and leader for branch startup and acquisitions in Orlando, Vero Beach, Ocala, and South Carolina. (Home Care and Hospice Locations)

International Development Co. Titles held: Controller / Regional Director of Operations (2003 – 2009)

Prepared and analyzed monthly/annual financial statements, budget vs. actual comparison, and annual budgets.

Reviewed HUD statements, buy/sell agreements, and leases for accuracy before closing.

Managed and maintained all sales escrow and rental escrow accounts for compliance and accuracy.

Reviewed and negotiated leases (residential and commercial).

Managed and developed A/P, A/R, payroll, and purchasing teams, developing the highest standards for accuracy and completeness in all areas of the financial team and departments.

Managed bi-weekly payroll and commission check processing.

Education/Qualifications

Bachelor’s Degree in Accounting

Real Estate Sales Person License (MI)

QuickBooks ProAdvisor

Florida Notary

Contact this candidate