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Accounts Payable Supply Chain

Location:
Oklahoma, USA
Salary:
$200k plus
Posted:
July 07, 2023

Contact this candidate

Resume:

Ben D. Scott, CPA, MHA

Tulsa, OK 918-***-****

*********@*****.***

linkedin.com/in/bdscott-52786

Healthcare Finance Executive

Results-generating healthcare finance executive with progressive experience in a variety of healthcare organizations. Provides financial leadership and oversight to financial functions including reporting, planning, cost control, revenue cycle, case management, treasury, debt compliance and supply chain. Demonstrates ability to partner with the executive team on strategic business objectives.

Core Competencies

Finance Team Leadership Project Management Revenue Cycle

Financial Reporting Audit Compliance

Treasury Management Operational and Capital Budgeting

Financing Board Communication Productivity Review Medicare Reimbursement

Payer Contracting Physician Contracting

Professional Experience

TARRANT COUNTY HOSPITAL DISTRICT, Fort Worth, TX May 2022 to Present

The District operates as a public trust healthcare organization and is the safety net hospital of Tarrant County. It operates a level I trauma center and provides a wide range of inpatient and outpatient medical services. The hospital has more than 570 inpatient beds and 40 outpatient clinics. It also owns the Acclaim physician group which employs more than 300 providers. The District reports annual net revenues exceeding $1 billion.

Executive Director and Controller

Responsibilities included managing general accounting, financial analysis, accounts payable, payroll, treasury, and audit compliance. The position is also responsible for managing a variety of financial policies and contracts.

Tulsa Medical Lab, Tulsa, OK 2021 to 2022

Tulsa Medical Lab (TML) is a CAP accredited, independently owned anatomic pathology group providing a full range of services for numerous physicians, clinics and hospitals throughout Northeastern Oklahoma since 1968.

Practice Administrator

Reporting directly to the physician owners, the practice administrator has full responsibility to manage client relations, human resources, accounting, supply chain and revenue cycle processes.

Actively involved and managed the outsourcing of the billing processes to a 3rd party billing company that specializes in anatomical pathology services.

Reviewed and approved medical directorship agreements between hospital clients and TML pathologists.

Reviewed and recommended physician owner bonus calculations based on company operational performance.

Managed the financial accounting processes and communication of financial performance to physician owners.

Reviewed and approved supply chain agreements and replacement of laboratory equipment.

Worked closely with outside legal counsel as it related to administering new agreements, employer policies, and COVID19 compliance under OSHA.

ASCENSION ST. JOHN HEALTH SYSTEM, Tulsa, OK 2019 to 2021

St. John operates as a non-profit healthcare organization managing a network of hospitals, clinics, physicians and joint venture relationships. The flagship hospital is St. John Medical Center (SJMC) with more than 700 inpatient beds. The System reports annual net revenues exceeding $1 billion.

Vice President of Finance

Reported directly to the system CFO. Worked closely with financial teams at SJMC, St. John Broken Arrow, St. John Owasso, St. John Sapulpa, and Jane Phillips Medical Center on operational projects. Served as a direct resource to senior leadership in the absence of the system CFO.

Developed and presented financial reports to the St. John Health System (SJHS) and SJMC Boards reporting on year-to-date and comparative financial performance.

Directed SJMC budget manager in developing annual financial budget and communicating results back to SJHS CEO.

Reviewed a variety of reports developed by the decision support team to analyze hospital operations and provide recommendations for improvements.

Guided the system controller to develop a financial presentation of the Community Care capitated health plan financial impact to SJHS to communicate with senior leadership.

As a member of the community health committee, recommended a project to secure funding to hire a case manager with charitable trust dollars in which the position would seek to place patients in the appropriate setting and contribute to SJMC cost savings.

Identified an increasing cost trend in nitric oxide use in newborns that resulted in a contract revision and subsequent cost savings for SJMC.

TARRANT COUNTY HOSPITAL DISTRICT, Fort Worth, TX 2016 to 2019

Executive Director and Controller

Responsibilities included managing Medicare reimbursement, general accounting, accounts payable, payroll, treasury functions, audit compliance and working closely with the revenue cycle team in measuring billing/collection trends.

Identified an overstatement in uncompensated care revenue of $36 million which was communicated to senior leadership and corrected.

Oversaw the revenue recognition and revenue reporting associated with the Texas 1115 Waiver program to include DSRIP funds, Medicaid DSH, and Uncompensated Care, Local Provider Participation Fund tax and related IGT of approximately of $150 million to ensure the accuracy of financial reporting.

Recruited a payroll director and directed the reorganization of the payroll team to ensure that effective internal controls were in place to ensure timely and accurate payroll processing.

Supported the CFO and Decision Support Director in developing the annual capital and operational budget. Responsible for managing financial statement audits.

FOREST PARK MEDICAL CENTERS, Dallas, TX 2014 to 2016

The Forest Park Medical Centers were a group of investor and physician-owned surgical hospitals located in Dallas, Frisco, South Lake, Fort Worth, and San Antonio, Texas.

System Controller

Managed the shared services accounting department including general accounting, accounts payable, audit support, debt compliance and investor tax reporting. Supported hospital CFOs in cash forecasting.

Directed the accounting team to provide necessary support most notably during the opening of two new hospitals.

Developed the AP department to effectively work with hospital CFOs in a lean cash environment to ensure resources could be properly deployed.

Led the accounting team in multiple due diligence requests to ensure that working capital could be identified.

TEXAS HEALTH RESOURCES (THR), Arlington, TX 2010 to 2014

THR operates as a non-profit healthcare organization managing a network of 29 hospitals and 350 outpatient locations. THR hospitals range from 40 to 600+ acute inpatient beds with annual net revenues exceeding $5 billion.

Director of Accounting and Finance

Directed monthly financial close and analysis for Presbyterian Dallas, Plano, Denton, Allen and Kaufman, Methodist Hurst-Euless-Bedford, and Texas Health Alliance hospitals to ensure timely financial reporting and to achieve clean annual financial statement audits.

Reviewed and approved monthly bad debt and undiscounted contractual allowance calculations and reviewed variances with entity financial officers and CBO revenue cycle personnel.

Reviewed critical financial transactions and budget variances with entity accounting managers and chief financial officers.

Coordinated general ledger process workflow between the CBO and general accounting for RAC/MAC recoveries by CMS preventing an understatement of net revenues exceeding $2 million.

MCALESTER REGIONAL HEALTH CENTER, McAlester, OK 2005 to 2010

MRHC operates as public trust regional healthcare organization. MRHC is licensed for 171 inpatient beds with annual net revenues exceeding $100 million.

Chief Financial Officer

Managed 4 direct reports and 50+ FTEs from scheduling, registration and billing, materials management, case management, accounting, budgeting, treasury and financing.

Directed the revenue cycle team including scheduling, admissions, and billing to achieve improved days’ cash on hand.

Led the annual operating and capital budgeting processes in collaboration with the executive team.

Reported monthly to the finance committee and board of trustees to ensure financial transparency of the organization.

Planned and coordinated the purchase of $15+ million in capital assets.

Completed more than $5 million in capital financing through various tax-exempt leases and bank notes.

Prior Professional Experience

DELOITTE, Houston, TX

Audit Manager

OSU MEDICAL CENTER, Tulsa, OK

Financial Controller

KPMG, Tulsa, OK

Supervising Auditor

COMANCHE MEMORIAL HOSPITAL, Lawton, OK

Accounting Manager

Education and Certificate

Masters in Healthcare Administration, University of Texas, Arlington, TX

Bachelor of Accounting, Cameron University, Lawton, OK

Certified Public Accountant



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