Recent Projects
Please contact us for a full list of qualifications or a more detailed work history.
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5 Key Financial Metrics Physicians Should Analyze Every Month
The 5 Most Important Issues to Consider During the Sale of Your Practice
Five Cash-Flow Generators Most Practices Can Implement Within Three Months
Great “Step 2+” Cost-Saving Changes to Make Dramatic Cash-Flow Improvements
Client Projects
Interim CFO for 10 Ten-Provider Specialty Medical Practice
- Management of biling system and internal billing office
- Transformation of practice financial reporting to best-practices
- Cash management
- Consolidated and individual location budgets for five locations
- Management of finance group
- Enhance use and implementation of practice management software
- Assist CEO to boost revenue streams through efficiencies
- Full five-year strategic plan to include growth and acquisitions
Fair Market Valuation for Four-Provider Specialty Medical Practice
- Detailed financial analysis of practice
- Five-year P&L projections
- Industry economic analysis
- Premise of value based on Asset Approach, Market Approach, and Income Approach
- Full inventory and asset valuation
- Goodwill valuation
- Discounted cash flows calculation
- Analysis of transactions involving other similar practices
New Startup Medical Billing Company
- Financial modeling and pro-forma
- Operating and partnership agreements
- Staff planning
- Creation of performance measures and goals
- Development of pricing model
- New client business development
- Executive oversight
Multi-State Employee Compensation Study
- Analysis of approximately 75 job titles
- Four cost of living regions
- Calculation of compensation ratios to determine scope of over/underpayment by employee
- Recommendations for compensation of each employee in study
Emergency Room and Multi-Specialty Medical Office Building
- Financial modeling and pro-forma of a 12,000 visit ER
- Staffing and equipment acquisition planning
- Capital structure and investor return analysis
- Acquisition of debt financing and equity investors
- 40,000 sf property development and tenant planning
Interim CFO for Six-provider Medical Practice with $15 Million Charges
- Immediate need to implement cash and debt strategy to maintain solvency
- Strategic recommendation and implementation of additional revenue streams
- Full financial analysis, budget, and cash flow forecast
- Consideration of alternative staffing strategies for cash flow maximization
- Creation of performance metrics for in-house billing
Interim CFO/CEO for Eleven-provider Medical Practice
- Full strategic analysis and presentation of "status-quo" to partnership
- Creation of multi-scenario strategic plan with accompanying full financial modeling and recommended action
- Restructure of partner compensation model
- Restructure of incentive comp and deferred comp plans
- Modification of several operational inefficiencies and staffing
- Creation of performance metrics to maintain momentum of the strategy and create accountability for the partnership and management
- Dramatic increase in cash flow and per-partner compensation and earnings
- Valuation of the practice and currently in proposal phase for sale of practice to a local hospital
Interim CFO for $20 Million Charges Medical Practice
- Forensic accounting
- Staff capacity evaluation and adjustment of staffing levels
- Creation of operating budget
- Implementation of new back-office procedures and performance metrics
- Restructure of debt and additional borrowing capacity
- Improved accounting and reporting procedures
- Improved cash flows and profitability
Consultant to Financial Services and Investment Company
- Full financial analysis of an acquisition target
- Benchmarking of historical financial performance and client base
- Enterprise valuation
- Planning and performance of due diligence
- Acquisition debt raise and negotiation of terms
- Equity raise
- Creation of financial models with multiple scenarios used in projection of results and investor return
Consultant to Machine Manufacturer
- Creation of an Investor Deck to be used during an equity raise
- Rapid immersion with company management to create strategic objectives
- Five-year financial projections and modeling, with automatic adjustments based on specific projection criteria
- Instruction and assistance in the creation of a multi-tiered sales pipeline. The company did not have their sales projections modeled in a pipeline, and this was an important part of the investor deck.
CFO of Medical Practice Management Company
- Financial operations and investor management
- Monthly Financial Performance Analysis through metrics generation to more than 100 medical practices producing more than $150 million in annual charges
- Multiple iterations of negotiated debt structure, including mezzanine and senior debt
- Creation of complex waterfall model which forecast results of any possible exit method through four tiers of preferred shares, mezzanine debt, and common shares
- Monthly analysis of financial performance, operations, and profitability of approximately 150 individual medical practices across the country