Human Resources Home Health

D. SCOTT SILIC

*** ***** ****** *****: *******@*********.***

Ventura, CA 93003-2521 Cell: 805-***-****

Senior business executive with significant accomplishments in healthcare financial turnarounds, board relations, strategic and financial planning, debt restructuring, clinical operations improvement, and financial analyses.

PROFESSIONAL EXPERIENCE

VISITING NURSE AND HOSPICE CARE OF SANTA BARBARA 2007-2011

Chief Financial Officer

Directed the daily financial operations of home health, hospice, continuing care and foundation organizations (3), including accounting, budgeting, A/P, billing, contracting and new construction.

• Negotiated, reviewed and signed all contracts, except physician

• Reinstalled and upgraded the general ledger chart of accounts (“G/L”)

• Initiated fund accounting

• Cleaned up the billing systems and reconciled billing to the G/L

• Implemented in-house payroll system

REHABILITATION INSTITUTE AT SANTA BARBARA 2002-2007

Vice President of Operations/Chief Financial Officer

Directed the daily financial operations of a 38-bed not-for-profit physical rehabilitation hospital, including routine departments plus contracting, new ventures and grants.

• Negotiated, reviewed and signed all contracts, except physician

• Reduced AR from collections by 60 percent and A/R over 180 days by 85 percent

• Installed new hospital Information Systems (Meditech) and replaced all workstations and LAN

• Received "clean" external audits and management comments for five consecutive years

INTERIM AND PROJECT CONSULTANT 2001-2002

Interim CFO, Franklin, Virginia (four month assignment) of a 221-bed, investor-owned, multi-company rural hospital with SNF, swing, home health, hospice, long-term care and physician practices. Improved contractual reporting, accounting operations and balance sheet reconciliations.

TRANSWORLD SPECIALTY PHARMACY DIVISION, Jacksonville, Florida 2000-2001

Chief Financial Officer, Corporate Compliance Officer and Human Resources Director

Directed the daily financial and human resources operations for the financial turnaround of a $32M international mail order pharmacy and medical equipment division of a $200M public company.

• Created and maintained contract review/negotiation process and coordinated legal reviews

• Created a corporate compliance program within a Corporate Integrity Agreement with the OIG

• Coordin1ated company restructuring to comply with the corporate compliance program

INTERIM AND PROJECT CONSULTING, Tampa, Florida 1998-2000

Consultant

Performed interim and consulting accounting/finance assignments, including e-commerce controller.

Page 2 D. Scott Silic

HOWARD COMMUNITY HOSPITAL, Kokomo, Indiana 1997-1998

Vice President of Finance and Chief Financial Officer

Directed the daily financial and accounting operations of a 150-bed county, not-for-profit, acute care hospital with an inpatient and outpatient behavioral health center and home health.

REHABILITATION INSTITUTE OF MICHIGAN, part of the 1991-1996

Detroit Medical Center and affiliated with Wayne State University, Detroit, Michigan

Vice President of Finance and Chief Financial Officer

Directed the financial turnaround and daily financial operations of a 177-bed academic, not-for-profit, physical rehabilitation hospital, six satellite clinics, and a twenty-four physician Faculty Practice Plan, including contracts, new ventures, risk management, debt restructuring and Federal grant management.

• Received "clean" external audits and management comments for five consecutive years

• Increased income from operations 400 percent in one year, from 1 to 5 percent of gross revenue

• Increased cash and funded depreciation from $2M to $30M in five years

• Reduced days in A/R from 91 days (25 percent over 365 days) to 64 days (1 percent over 365 days)

• Reduced annual bad debt write-off by 67 percent

• Improved and reinstalled all hospital Information Systems (SMS)

WILSON MEMORIAL HOSPITAL, Sidney, Ohio 1989-1991 Vice President of Finance and Chief Financial Officer

Directed the financial turnaround and daily financial operations of a 110-bed, acute care, not-for-profit hospital. Directed all financial and accounting departments, as well as IS, Medical Records, debt acquisition, and contract negotiation.

COOPERS & LYBRAND, Detroit, Michigan 1980-1989

Management Consulting Services Manager, Finance and Accounting Group

Managed feasibility analyses and demand studies for hospital SEC bond issues, projects for hospital revenue enhancement and revenue recapture, and strategic planning for high growth companies.

NATIONAL BANK OF DETROIT, Detroit, Michigan

Investment Planning Analyst, Trust Investment Department

NAVAL UNDERWATER SYSTEM CENTER, New London, Connecticut

Computer Systems Analyst, Finance and Accounting Group

EDUCATION

H.A.C. - Hospice Administrator Certification - CAHSAH

M.B.A. - Finance DARTMOUTH COLLEGE, Hanover, New Hampshire

B.A. - Economics TRINITY COLLEGE, Hartford, Connecticut

MILITARY

U.S. AIR FORCE

Sergeant, Spacetrack Control and Warning Operator

KEYWORDS

CFO IPO PHO IS MIS EDP contracting AR capitation budg

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