Vice President Hospital

KELLY W. PENTON

**** ********* ***

Martinez, Ga. 30907

Cell 706-***-**** / *********@***.***

SUMMARY OF QUALIFICATIONS

Over 20 years financial experience in healthcare administration at the hospital level. Experienced working with governmental agencies in various states and the national arena. Accomplished manager of annual budgets of more than $250 million.

PROFESSIONAL EXPERIENCE

Interim/Contract CFO

Lifepoint Hospitals 1/2012-Present

Owner

Mobile Audio Concepts LLC 2006-2011 Augusta, GA

Owned and operated a retail business specializing in selling and installing after market and custom mobile audio/visual equipment.

Vice President/CFO

Doctors Hospital 1997-2006 Augusta, GA

354 bed Med/Surg Acute Care, $250mm in annual revenues

• Developed long and short range strategic plans, which included development of operational and capital budgets.

• Was part of team that grew earnings by an average of 8.0% per year during my ten years as the CFO.

• Increased Medicaid cost outlier reimbursement for burn cases to $4.0M from previous year of $2.0M. This was achieved by working with Georgia Department of Community Health to increase outlier payments and by leading Hospital Burn Census Committee to manage process.

• Successful in developing a Supply Management Action Team with results of annual supply costs savings of a low of $700K and a high of $1.0M.

• Instrumental in achieving Top 100 Hospital nationwide, recognized by HCIA/SACHS based on cost efficiencies and quality.

Vice President/CFO

Reston Hospital 1994-1997 Reston, VA

127 bed Med/Surg Acute Care Hospital, $135mm in annual revenues

• Responsible for hospital financial operations

• Also directed the financial operations of a Medical Imaging Center, two Medical Office Buildings, multiple Physician practices and Home Health

Vice President/CFO

Hughston Sports Medicine Hospital 1989-1994 Columbus, GA

100 bed Acute Care/Rehab Hospital specializing in Orthopaedic surgery, generated $50mm in annual revenue

• Directed the preparation of internal financial reporting, A/R management, and internal controls while reducing costs and increasing revenues.

• Facility exceeded earnings budget every year during my tenure.

Controller

Redmond Park Hospital 1985-1989 Rome, GA

201 bed Med/Surg Acute Care Hospital

• Responsible for Accounting operations

• Prepared monthly financial statements, monthly financial analysis, while managing accounts payable, payroll, and other governmental regulatory reporting.

Internal Auditor

Mason Chamberlain Inc. 1984-1985 Stennis Field, Hancock County, MS

• Responsible for financial auditing activities of a government contracting manufacturer, which produced 155mm projectiles.

• Reviewed and appraised the soundness, adequacy and application of accounting, financial, administrative and other operating controls.

Real Estate Accountant

Pan American Life Insurance 1980-1984 New Orleans, LA

• Responsible for Accounting functions of construction of a one million square foot 28 floor office building. After completion of the building

• Responsible for maintaining accounting for leased space of 50% of the building.

EDUCATION

Mississippi State University, Miss. State, MS

B.S. Accounting, 1980

PROFESSIONAL AFFILIATIONS

Healthcare Financial Management Assoc. 1985-2006

American College of Healthcare Executives 1989-2006

The Advisory Board Company Financial Leadership Council 2003

Governor Appointed Georgia Healthcare Strategies Council 2006

PUBLICATIONS

Kelly W. Penton. Executive Insights – Strong Expense

Controls, Good Clinical Outcomes Mean Success. Healthcare Financial

Management, 55(4), April, 2001, pp. 29-33.

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