Medical Billing Practice Administrator
Resume:
ANTHONY MORGAN, MBA
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Professional Experience
COO Texas Industrial Choice Lubbock, Texas May 2020 to Jan 2021
● Designed a new employee handbook decreasing exposure to litigation due to significant deficiencies in the prior employee handbook, creating significant probable savings. ● Corrected substantial downtime difficulties through the installation of a new computer networking system and entering into an IT Complete service agreement with a different IT company creating significant savings.
● Generated monthly savings of $30,000 by capitalizing on sales discounts and negotiating discount terms with additional vendors.
● Enhanced cash flow by lowering accounts receivable days outstanding through expanded collection procedures.
Counsellor Barker Enterprises Dallas, Texas January 2019 to May 2020
● Generated $200,000 by collecting previously seemingly uncollectable accounts payable after the close of the practice. This consisted of insurance claims that were timely filed claims that the insurance companies originally denied for various reasons.
Controller-Human Resource Manager Visual Impact Preprint, LLC & Universal Sheets, LLC - Santa Teresa, NM May 2018 to January 2019
● Established internal control procedures and ensured compliance creating estimated savings of $150,00 per year.
● Implemented a new employee handbook decreasing exposure to litigation creating significant probable savings.
Practice Office Administrator & Controller of Surgery Center January 2017 to January 2018 DFW Bariatric Institute (Colleyville TX, Rockwall TX & Frisco TX) - Lone Star Surgery Center (Frisco, TX)
● Established internal control procedures and ensured compliance enhancing margins by approximately $100,000 per year.
● Enhanced cash flow by lowering accounts receivable days outstanding from 90 to 60 days
through expanded collections.
Practice Administrator/ CFO April 2011 to January 2017 Barker Bariatric Center - (Dallas, Lubbock, Amarillo, Southlake, Rockwall & Mesquite, Texas)
● Strengthened office and clinical procedures improving margins by 15% by improving patient flow, lowering wait time, enhanced the pre-approval process for patients, and various other processes.
● Executed a medical compliance regulations program, creating an estimated savings of $500,000 from potential violations of HIPPA, OSHA, STARK, medical billing and miscellaneous other laws and rules.
● Enhanced cash flow by implementing efficient billing and collecting procedures decreasing total days outstanding from 120 to 45 days.
● Executed the installation of an EMR & EHR systems improving profit margins by an estimated $200,000.
CFO / HR Manager Jan 2000 – April 2011 Texcorr, L.P. Waxahachie, Texas
● Prevented a potential fine for employee misconduct of $250,000, negotiating a reduction to $80,000 by conducting a thorough investigation which included interviewing all employees about time cards going back five years.
● Augmented Net Income by $750,000/year through extensive negotiation of revised terms on the installment and working capital notes.
● Enhanced cash flow by implementing efficient billing and collecting procedures decreasing total days outstanding from 60 to 15 days.
● Raised Net Income by $600,000/year by decreasing outstanding accounts payables from 120 days to 30 days and negotiating payment terms from 1.5%/10 net/30 to 1.5%/30 net/60 with major vendors.
● Established internal control procedures and ensured compliance enhancing probable savings.
● Executed the installation of an ERP system improving profit margins by an estimated $500,000.
Divisional Controller & VP Jan 1996 – Dec 1999 Azteca Milling L.P. Madera, CA
● Upgraded the cost accounting and other analytical spreadsheets creating an estimated savings of $500,000 per year through increased accuracy of inventory calculations.
● Augmented the closing process through improvements to the cost accounting reporting process, ensuring all A/R invoices and receipts and all A/P bills and payments were posted prior to the end of the month, as well as other miscellaneous changes improving the efficiency of the close from 2 weeks to 2 days.
● Instituted internal control procedures and ensured compliance creating an estimated savings of $300,000 per year.
Educational Background
● Texas Tech University 1992 - MBA in Accounting Lubbock, Texas ● Lubbock Christian University 1989 - BS in Accounting Lubbock, Texas
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