Douglas L. Koppang, Jr.
************@*****.***
615-***-**** 9171 Radrick Ridge Brentwood, TN 37027
CAREER PROFILE
SENIOR HEALTHCARE EXECUTIVE with over 30 years of experience in accounting, finance, acquisitions, and business development.
Founder - Cardiovascular Care Group, a national company, which owns and operates inpatient and outpatient facilities.
Senior Vice President of Business Development - Acquired two physician owned specialty hospitals and recruited 50 primary care and specialist physicians.
Chief Financial Officer - experience in public accounting, and private corporate accounting.
Achievements:
Successfully raised over $100.0 million in debt and equity financing from various institutional investors
Led team to acquire two physician owned specialty hospitals
Led team to integrate physician practices into multi-specialty medical group that increased revenues from $50.0 million to $120.0 million in four years
Recruited and integrated over 50 physicians into Hospital Employment Model
Implemented accounting platform deployed nationally over a wide area network for multiple consolidated outpatient facilities
Development of national platform for outpatient facility joint ventures with physicians
Negotiated strategic merger with a competitor company
Acquired assets of 15 independent physician practices in national physician practice management company
Centralized accounts payable for 15 independent physician practice locations
Areas of expertise include:
Business development/Physician Recruitment and Employment
Financial Reporting /Administration
Acquisition /Due Diligence/Valuation/Joint Ventures
Accounting Systems Implementation/Integration
Revenue Cycle/Accounts Receivable/Cash Management
Investor Relations
Banking Relations
Central Accounting Administration
Pension Plan Design and Implementation
Internal controls and financial reporting procedures
Operating budgets/reporting for multiple practices
PROFESSIONAL EXPERIENCE
Senior Vice President of Acquisitions and Business Development
Cardiovascular Care Group, Inc., Nashville, TN 2012 – Sep. 2016
Executive Vice President – Chief Financial Officer 2000 – 2012
Cardiovascular Services of America, Inc., Nashville, TN
Founder of national outpatient cardiovascular services company formed to develop, acquire, and operate ambulatory cardiovascular diagnostic and therapeutic facilities, in partnership with physicians.
Vice President – Chief Financial Officer July 1998 – Dec. 1999
Cardiology Partners of America, Inc., Nashville, TN
Physician Practice Management Company, which owns and operates the practices of cardiology physicians in multiple markets, located in the southeastern United States.
Sr. Vice President - Finance/ Chief Financial Officer 1997 – June 1998
PrincipalCare Incorporated, Brentwood, TN
Physician Practice Management Company, which owns and operates the practices of over 75 OB-GYN physicians in four separate geographic regions, primarily in the southeastern United States.
Founding shareholder responsible for creating and implementing comprehensive business plan, which raised $25.0 million in initial venture capital financing.
Member of Senior Executive Team responsible for managing strategic direction of Company vision and growth.
Managed accounting department consisting of corporate controller and accounting staff.
Responsible for monthly financial reporting to practices and investors.
Responsible for annual audit and consolidated tax reporting for the parent corporation and subsidiaries.
Vice President of Finance and Development
PrincipalCare Incorporated 1996 -1997
Responsible for due diligence and valuation of physician practice acquisition candidates.
Responsible for acquiring assets of medical practices and entering into long-term Services Agreements with physicians to manage all business aspects of practices.
Coordinated all aspects of finance and accounting related to acquisition and assimilation of medical practices with corporate office resources.
Director of Finance and Development
MedAlliance Incorporated, Brentwood, TN 1994 - 1996
Responsible for development of business plan to diversify publicly-traded outpatient imaging company into physician practice management.
Responsible for due diligence and valuation of physician practice acquisition candidates.
Arthur Andersen & Co.
Atlanta, GA 1984 - 1994
Manager in Valuation Services Group responsible for valuations related to mergers/acquisitions for accounting, financial, and tax related purposes.
Supervised staff of twenty professionals in one of the firm’s top five offices in the United States.
EDUCATION
J. D. University of South Carolina School of Law (1979)
B. A. Economics and Business Administration – Furman University (1976)
PROFESSIONAL AFFILIATIONS
Certified Public Accountant – CPA (Inactive)
Chartered Financial Analyst – CFA (1988)