Jay brings over 20 years as a CFO in large multi-hospital systems and 10
years of public accounting experience. In these roles, he has had responsibility
for financial reporting, financial planning, risk management, investment
management, debt management, revenue cycle and supply chain. Jay is a
strong believer in innovation and using a professional service firm’s
customer focus to project execution. Under his leadership, teams developed
world class revenue cycle processes, reimbursement strategies to optimize
Medicare Upper Payment Limit programs, supply chain approaches utilizing
target costing, a captive insurance company to self -insure property losses,
and investment strategies to optimize a wide variety of asset classes.
As healthcare has undergone increasing regulatory complexity, Jay’s
focus has been on being a change agent by championing transformational
initiatives, including the introduction of lean process improvement.
Interesting results from the above initiatives include, three consecutive
MAP Revenue Cycle awards by the Healthcare Financial Management Association,
risk management processes that discovered weaknesses in Fairfield Greenwich
investment practices thus avoiding losses from the Madoff collapse, early
identification of the LIBOR manipulation thus avoiding significant losses
on derivatives and over $100 million in annual Upper Payment Limit reimbursement
through partnerships with other providers.
Though in a financial role, Jay has always made strategic thinking part
of the financial framework. With this perspective he has enabled organizations
to be in a strong financial condition and capable of dealing with market
and industry challenges. Jay is very credible with rating agencies, bond
investors and the banking community.
Jay may be contacted either through this web site or directly by calling: