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Stephen H. is an experienced Chief Financial Officer in the healthcare industry with over 30 years of diverse hospital financial experience. With an impressive network of 13,432 LinkedIn connections, Stephen is a recognized leader in the industry. Stephen provides strong and decisive financial and operational leadership to maximize revenue while balancing the needs of patients, staff, hospital, and community with impeccable professional and personal integrity.
Stephen has a proven track record of enhancing hospital financial performance and a constant focus on improvement. They have a keen ability to analyze and communicate information effectively and build collegial relationships. With unmatched diversity of hospital experience, Stephen is skilled in negotiation, reimbursement, and revenue cycle management.
As the Founder and Chief Financial Officer at Leadership for Nationwide Chief Financial Officers in Healthcare, Stephen attends networking events, researches industry leaders, tracks industry trends, and participates in industry discussions. They have also been a member of the HealthCare Executive Group and held senior positions at Conifer Health Solutions, Two Arizona Hospitals, and Summit Regional Healthcare Medical Center. Stephen's notable accomplishments include exceeding cash collection and net AR days goals, reducing net days in accounts receivable, and increasing total profit margin and days cash on hand.
Stephen H. holds a Bachelor of Science degree in Accounting from the University of Kentucky. They have also pursued legal education at the Nashville School of Law.
More about this expert
- Full name
- Stephen H
- Location
- United States
- Title
- Founder | Chief Financial Officer | Healthcare
- Company
- Leadership for Nationwide Chief Financial Officers in Healthcare (since 2015)
- LinkedIn profile
- https://www.linkedin.com/in/stephenrhuey/
- LinkedIn Connections
- 13432
- Summary
- Chief Financial Officer Healthcare Connect with me using: [email protected] All Invitations to Connect Welcome LION - LinkedIn Open Networker *********** Recruiters, HR Managers, Hiring Managers, connect with me to get access to my network deep in industry leadership. *********** 30 + years of diverse hospital financial experience. Provide strong, decisive financial and operational leadership to maximize revenue while balancing the needs of patients, staff, hospital and community with impeccable professional and personal integrity. Specialties: Demonstrated enhancement of hospital financial performance Constant focus on improvement Keen ability to analyze and communicate information Build collegial relationships Unmatched diversity of hospital experience Negotiation Reimbursement Revenue Cycle To brainstorm and collaborate on any of these perspectives, or if you are hiring a CFO in Healthcare, call me now at (941) 412-5928.
- Skills
- Revenue Cycle Managed Care
Education
- University of Kentucky
-
BS
Attended in 1974 - 1978
Field of study: Accounting - Nashville School of Law
Positions
- Leadership for Nationwide Chief Financial Officers in Healthcare
-
Founder | Chief Financial Officer | Healthcare
2015 - Present
Attending networking events
Researching Industry Leaders
Tracking Industry Trends
Participating in Industry Discussions
- HealthCare Executive Group
-
Member
2014 - 2015
- Conifer Health Solutions
-
Revenue Cycle Management, Senior Director Florida Region | Healthcare
Aug 2010 - Mar 2011
10 Hospital Florida Region with 3,800 beds and $1.56 billion Net Revenue
Ensure revenue cycle performance metrics were achieved by providing direction and insight to Florida Regional Vice President of Finance, 10 Hospital CFOs, and two Directors of Revenue Cycle
Developed new strategies, plans and initiatives within client hospitals to achieve additional improvements
Exceeded 2010 cash collection goal
Exceeded 2010 Net AR days goal (45 days to 43 days)
Exceeded company scorecard metrics in all categories
Quickly identified causes of problems and emerging priorities critical to each hospital in the face of politically complex situations
- Two Arizona Hospitals
-
Interim Chief Financial Officer | Healthcare
Jan 2010 - Aug 2010
- Summit Regional Healthcare Medical Center
-
Chief Financial Officer | Healthcare
Mar 2008 - Nov 2009
88-bed not-for-profit hospital with $120 million in net revenue. Provide financial oversight to CEO, Administrative Team, Department Managers, and Hospital Board.
Reduced net days in Accounts Receivable from 60.1 to 41.1
Increased days cash on hand to 127.5 to 183.6
Increased total profit margin from 9.4% to 15.9%
Improved debt service coverage ratio from 6.02 to 8.90
Worked with patient registration and physician practices to streamline patient access
Implemented preparation plan for RAC Audits and led development of Clinical Resource Management program