John Sowerby
* *********** *****, **. ********, ME 04106
Cell: 207-***-****
Email: **********@*****.***
Education: University of Southern Maine
B.S., Accounting – December 1992
B.A., Criminology – May 1988
Professional Experience:
Spring Harbor Hospital, Westbrook, ME - July 2008 to December 2011
Financial Analyst
• Primarily responsible for development and maintenance of on going decision support and analytic tools.
• Develops annual budgets, period forecasts and maintains reimbursement models.
• Supports department level financial reporting on a monthly basis, journal entries, variance analysis, reconciliations, A/R agings, labor & productivity reporting, accruals, prepaids.
• Maintains contractual adjustment and bad debt models. Analyzes payroll activity.
• Prepares annual Medicare cost reports, serves as the point person with Medicare FI.
• Assumes the lead role for backup support of general functions performed by the controller.
• Possess a well developed knowledge of both the operational and analytical elements of hospital finance, statistics, revenue, contractuals, cost per day analysis, balanced scorecard.
• Focus areas include process improvement and revenue enhancement.
Utility Shared Services, New Gloucester, ME - September 2007 to July 2008
Fixed Asset Analyst
• Compiled, analyzed and maintained data relative to fixed assets.
• Ensured data integrity and delivery of high quality, timely financial information and analysis within the department and to other areas of the company.
• Performed various other research and ad hoc project work and assumed additional related responsibility as requested.
Mercy Hospital, Portland, ME - February 2003 to September 2007
Financial Analyst
• Specialized in the preparation and settlement of the Medicare Cost report. Responsible for DSH, operating and crossover bad debts, IME/GME, wage index and occupational mix data preparation and submission.
• Acted as the point person for all Medicare audit and appeals.
• Instrumental in realizing in excess of $2 million of recaptured reimbursement from prior years from the Medicare program by pursuing payments owed to Mercy, but not previously claimed.
• Actively participated in the annual budget process, responsible for overseeing and advising the Finance Division departments.
• Participated in the month end closing process by analyzing and preparing schedules for wages, statistics, revenue and contractual adjustments.
• Provided financial analysis and participated with the CFO and V.P. of Medical Affairs on the intern and resident annual contract negotiations.
Anthem Blue Cross & Blue Shield, So. Portland, ME – May 1998 to February 2003
Medicare Auditor
• Facilitated the settlements of hospitals, skilled nursing homes and home health agencies’ Medicare cost reports
• Participated in audits and focused reviews under limited supervision and handled complex audit issues.
• Applied working knowledge of accounting and auditing theories as they applied to Medicare rules and regulations.
• Exhibited the ability to work both independently and as part of a team.
Computer Skills:
Proficient in Microsoft Excel, Microsoft Word, Meditech, Lawson, AS-400, Kaufman Hall, SAP,
HFS Medicare cost report software and QuickBooks.
Professional Associations:
Member of the Healthcare Financial Management Association.