Home Health Care

RICHARD BERMAN

*** (***) Dunleigh ***-Meadows ***1 • bermanrm@Lane, Houston, icloud.TX com 77055

C-LEVEL OPERATIONAL FINANCE EXECUTIVE

Senior restructuring, technology, leader negotiate workouts, in finance managed mergers operations, care & contracts, acquisitions, revenue financial cycle divestitures, management and professional corporate (including services. integrity, charges intellectual and collections)property,, disruptive corporate PROFESSIONAL EXPERIENCE

Interim Specialization CMS/outcomes OIG/CEO, for DOJ/healthcare CFO, in AG/regulatory IRS CIO issues, for and hire, compliance, other pre/Manis current/regulated & best Ryan post-entities. business (bankruptcy Woodland practices, Hills, process mergers, CA) and crisis acquisitions, management work-looking outs, divestitures, 2020 to achieve – PRESENT positive Interim Chief Executive Officer, IntracCare Home Health & Hospice Providers 2019 – 2020

(Los Angeles, CA)

Focus on restructuring management team, financial operations (including reporting, re-negotiating debt, improve billing, documentation support, lower days outstanding in accounts receivable), negotiating new private insurance contracts, managed care risk contracts, SNF contracts and expanding hospital based home health operations with largest California university health system Associate to reduce Director, admissions Marcus and & Millichap to address Capital other issues Corporation as per new (PDGM Houston, madidates. TX) 2018 – 2019 Responsible for securing commercial debt financing primarily in Senior Housing, Living and Healthcare asset classes with commercial banks, agency (E.g. Fannie Mc, Freddie Mac, HUD, Tax Exempt Finance Authorities, CMBS, and REITS). In addition, interface with lenders to expedite divestiture of problem “Special” assets (to include all asset classes) from their balance sheet. Managing Director, Private Equity Backed Private Health Care REIT (Houston, TX) 2017-2018 Focus on accumulating (through acquisition and development) and managing income producing health care properties portfolio. Responsible for managing financial reporting, deferred maintenance, vendor management, information technology, cash flow and financial reporting liaison between Private Health Care REIT division and portfolio, investment banking, debt, and investor private equity managers.

Interim Chief Financial Officer, Altus Hospice & DME Group (Houston, TX) 2016-2017 Provide strong financial leadership for the full service multi-site hospice and durable medical equipment divisions of a private equity portfolio. Responsible for managing financial reporting, cost reporting, vendor management, information technology, cash flow and treasury functions. Financial reporting liaison between hospice and DME divisions and portfolio, investment banking, debt, and investor private equity managers. Hands on integration multiple acquired entities into” newco” consolidated operating entity.

Interim Chief Financial Officer, Deseret Health Group (Bountiful, UT) 2014-2015 For Profit Corporate Skilled Nursing Facility Operator in 5 States; Divested 19 Skilled Nursing Facilities Responsible for the programs; filing of tax returns, provider relationships – maintaining and development, dispute resolutions, all vendor relations, monthly financial statements; closeouts, cash flow, all IT functions, construction cost and projections, and treasury & lending relationships. Coordinated with clinical and operations all financial activities and aspects of hospice, skilled, long-term care, nursing care, rehabilitation therapy and pharmacy programs and services.

§ § § § Negotiated Directed Liaison Reviewed to cash outside and new and addressed revolving auditors treasury all line functions IRS, of OIG, credit CMS, and and mortgage State Regulatory facilities Inquiries RICHARD BERMAN

835 (713) Dunleigh 446-Meadows 7231 • bermanrm@Lane, Houston, icloud.TX com 77055

§ § § § § § § § Managed Reviewed, Responsible Oversaw Completed Negotiated Negotiated Completed Network and analyze, Operational initial forbearance new for continue annual revolving Chapter Capital and to Medicaid approve Transfer for Budget develop 11 line revolving and of all Agreements credit & formation, subsequent Internal Medicare adjustments line with of Controls credit presentation, real Cost Chapter for estate Reports and Network consistent 7 real investment filings and and estate and approval to to subsequent include Sarbanes Enterprise defaults trust full due Oxley/Monthly creditor to and SEC Financial matrixes from Model for Statements 32 LLC’s Independent Restructuring Finance business Consultant and finance (The operations Woodlands, TX) 2007-2014 Provided oversight to Board of Directors for business repositioning and remodeling, preparation of Securities Exchange Commission filings to include 10K, 10Q, 8Q, 15(C) 211, Issuers Disclosure, and handling any inquiries and intercompany transactions and taxes. Performed engagements for Business Talent Group and independently. Mergers, § § § § § § Prepared Executive Coordinated Sarbanes-the Acted Preparation Company acquisitions, client as liaison Executive and Oxley liaison and of and its Finance Chapter and to Act auditor with assist outside Specialist Consolidated divestitures bankruptcy Committees, independent 11 need auditors, and – to 7 comprehensive filing take Summary trustee, Board banking auditor to schedules be attorney, of compliant of with and Directors, monthly, analysis commercial annual and with and quarterly, of outside audits sections the Regulatory and Act auditor investment and 302, annual authorities 404 & and financial 409 legal regarding representatives conditions what for actions

§ § § § Performed Performed outside Guided Guided company company auditors buy pre and side throughout through through post analysis - merger operational multi-merger and state complete analysis, process facility transfer advise due closures agreements diligence Board of of Directors target acquisitions and interface with attorneys and Project financings

Treasury § § Prepared lender Delivered management and/applications project or underwriter – presentations Domestic to include from and and inception financial International assume statements, to project closing liaison projections, role to Board position of statements Directors and interface with

§ § Managed overnight Managed all domestic GBP/banking, Eurodollar and treasury, international sweeps) and lending public relationships regulatory and (including private registered cash management, filings reconciliations, and RICHARD BERMAN

835 (713) Dunleigh 446-Meadows 7231 • bermanrm@Lane, Houston, icloud.TX com 77055 Methodist Retirement Communities (The Woodlands, TX) 2004 – 2007

(Not for profit healthcare provider with twelve facilities serving over 1,200 senior living & long-term care residents) Senior Vice President for Business and Finance/Chief Financial Officer Lead business and financial operations, including revenue cycle management of twelve senior long-term care facilities that include Skilled, Assisted Living, HUD 202 Affordable Housing Program, Independent Living, Home Health Care, Ancillary Therapy, Continuing Continuity of Care and Alzheimer’s units. Accomplishments § § § § § § Directed Presented Coordinated Reports, Prepared Committees Interface Served as resolve planning monthly Executive Assistant budgets for and first any assisted and with for Treasurer year Consolidated regulatory approval budgeting all independent Affiliate and and to for Summary Board Director Boards compliance all auditor business of to on Directors of address monthly MRC’s with issues units annual twelve and and financial financial associated audits, Boards conditions handled and of trust Directors business funds all for Medicare Executive issues and and three foundations and and Trusts Medicaid Finance Cost

§ § § § § § § § § § § Improved Leveraged $Began Changed increase The the Positive Improved Leveraged $Began Changed increase The the 127,127,first first end end 367 367 transition transition profitable profitable margin result, result, on on banking banking cash cash Accounts Accounts business business interest interest rebates rebates according according for from from and and year year 2005 Receivable Receivable assets assets earned earned Trust Trust contract contract and and MRC MRC and to to instead instead additional additional relationships relationships 2004 2004 has has 2006 ancillary ancillary billing billing experienced experienced Consolidating Consolidating of of audits borrowing borrowing discount discount practices practices therapy therapy and and since since began began from from and and against against Audit, Audit, to to 1993 1993 in-in-collections collections the the aggressive aggressive house house is is them them company’s company’s a a positive positive resulting resulting resulting resulting resulting resulting sweep sweep $$two two 2,2,in in 639,639,account account in in largest largest a a in in a a $$643 643 a a $$266,266,939,939,$$4,4,strategies strategies positive positive vendors vendors 000 000 278,278,000 000 increase increase 000 000 reduction reduction variance variance increase increase resulting resulting in in of of net net over over in in expense expense in in revenue revenue net net a a 2003 2003 triple triple cash cash and and and and Advisory Financial and Services operational (Houston, consultant TX) to Not for Profit and For Profit acute, sub-acute and long-term 2002– care 2004 healthcare facilities, municipalities, financial institutions, physician multi-specialty groups. Clients included Washington Mutual Bank, Riverside General Hospital, Gulf Shores Substance Abuse Clinic, Physical Therapy Associates, and others. Accomplishments

§ § Hospital commitment Long-and from and new weaknesses improved programs Financial term client care to cost Intermediary issue – and client successfully basis to $37,identify – by developed 000,renegotiating improved 000 represented solutions tax specialty exempt Medicare/to working client areas audit general in Medicaid of capital to negotiations deficiency. measure obligation credit surveys, fiscal, Results line with bonds improved for managerial, bond on lower included client’s authority efficiency rate improved and behalf due for operational to by conditional implementation cost reimbursement code strengths center of RICHARD BERMAN

835 (713) Dunleigh 446-Meadows 7231 • bermanrm@Lane, Houston, icloud.TX com 77055

§ § § Substance $Hospital– resulting Developed of 12,healthcare 600,000 in developed specialized Abuse overall award real estate Clinic improvement reimbursement audit owned client for – assets bank prepared and client eligibility recovery that resulted and that of submitted analysis measured over in expedited $7,during 300,grant fiscal, 000 patient to managerial, court in state previously ordered and agency resident and approval resulting lost operational initial revenues for in evaluation a sales two deficiencies year KPMG Manager LLP – Peat Healthcare Marwick, Practice Ft. Worth Assurance & Houston, Based TX. Advisory Services 2000 – 2002 EDUCATION/DEGREE/CERTIFICATES

Bachelor University American of Institute of Business Texas for at Administration Austin, Foreign Austin, Study, TX Economics, Durham University, Durham, England, (Summer Program) PROFESSIONAL KPMG University Healthcare Alumni of Financial Texas ORGANIZATIONS Exes Management Association REFERENCES

Greg Daniel Jon Jason George Unroe, Ryan, Bootz, Sternthal, Linial, Partner-Partner-President-Executive Partner-BKD Manis Heart LLP, Director-Munsch & Ryan junroe@of Texas Texas Hardt Accounting bkd.Hospice, Leading Koph com, Firm, & jbootz@(Harr, 713) Age, gryan@george@499-PC, heartoftexashospice.dsternthal@4617 manisandryan.leadingagetexas.munsch.com, com, com, org, (818) (210) ((512) 713) 710-383-467-***-**** 104*-****-****

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