Sarah Westergaard
Bozeman, MT • 406-***-****
ad2x66@r.postjobfree.com
www.linkedin.com/in/sarah-westergaard-971b6154/
Profile
Results-oriented finance professional with a demonstrated history of building and leading high-performing teams across diverse industries, including healthcare, high-tech, construction, real estate development, and personal care. Proven ability to drive operational excellence and deliver profitable results in multi-state and remote work environments. Adept at navigation the complexities of various sectors, bringing a versatile skill set to enhance financial strategies and contribute to overall business success.
Areas of Expertise
• Financial Management
• Operations Management
• Strategic Planning & Analysis
• Consulting
• Human Resources & Recruiting
• Contract Negotiation & Mgmt
• Policies & Procedures Development
• Process & Systems Improvement
• Project Management
• Team Development & Leadership
• Problem Resolution
• Compliance
Career Experience
Headwaters Healthcare, LLC - Bozeman, MT 2021 – 2024 Consultant
Provide operational guidance and financial expertise for new and existing provider groups.
• Develop financial pro formas for startup analysis and financial funding.
• Prepare budgets for upcoming years and assess profitability.
• Conduct market and competitive analyses for new practices, identifying competitive risk and practice optimal locations. HealthSource Partners, LLC - Bozeman, MT 2013 – 2021 COO + CFO
Provided strategic leadership in overseeing provider practice operations, supporting business development, practice startups, and ongoing management. Delivered expert practice management consulting services to client hospitals. Finance
• Designed and implemented an efficient accounting system for profitability analysis by business line and LLC.
• Built financial models for startup capital needs and strategic decisions.
• Managed and led accounting team, ensuring accurate and timely financial reporting and revenue collections.
• Implemented KPI monitoring system, resulting in a 22% increase in revenues within a provider practice. Revenue Cycle
• Proactively addressed provider documentation deficiencies, achieving a cost savings to the hospital of over $1M annually. Operations
• Managed onboarding of new physician practices, including successful recruitment and credentialing of an Emergency Department provider group in a 9-day timeframe.
• Facilitated regular executive meetings with hospital leadership to ensure contract retention and identify opportunities for improvement.
• Managed compliance with healthcare regulations, assuming accountability for staff adherence to regulatory requirements.
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• Supervised providers and practice management staff, fostering a strong company culture. Consulting
• Conducted comprehensive analysis of hospital medicine provider compensation structures resulting in revised plans that incentivized provider retention.
• Successfully renegotiated locum tenens contracts for a hospital, resulting in substantial cost savings of over $2M annually. Business Development
• Developed financial models to determine pricing strategies.
• Prepared and presented persuasive presentation materials targeting hospital executives, highlighting the benefits and value proposition of company’s physician practice management services. Pegasus Emergency Medicine, LLC - Bozeman, MT 2009 – 2012 CFO
Directed finance and operation activities during the Emergency Medicine practice group’s expansion to over 25 sites nationwide.
• Oversaw successful practice startups, ensuring swift funding, revenue cycle readiness, and efficient onboarding and credentialing of providers.
• Managed multi-state remote administration and operations teams, implementing cross-training initiatives to foster team spirit and ensure seamless workflow continuity.
• Conducted financial analysis to determine funding requirements and designed financial models for ROI estimation.
• Developed comprehensive 5-year pro forma financial models by consolidating financial data from all practice sites and LLCs. These models played a crucial role in the successful sale of the company to private equity, effectively showcasing the company’s potential and financial viability.
Venture Capital Backed Companies – Greater Boston Area Finance Manager and Finance Director
• Seven years of experience assisting high technology companies with capital raises, preparing comprehensive financial reports, and developing robust financial models for budgeting and business plans. Education
Bachelor of Arts, Finance - Simmons College - Boston, MA Graduate-Level Accounting Classes - Bentley University, Waltham, MA Masters, Healthcare Digital Transformation – Northeastern University - Boston, MA – Currently enrolled Certificate – University of Houston – Houston, TX; Specialization in Value-Based Care Certificate – Six Sigma Green Belt