Occupation:Chief Operations Officer |
Location:Antioch, IL |
Education Level:Master |
Will Relocate:YES |
Description
CAREER HIGHLIGHTS CHIEF OPERATING OFFICER 2015 - Present Illinois Gastroenterology Group, LLC - Large GI Practice consisting of 51 physicians delivering preventive, diagnostic and interventional services to over 300,000 patients at 61 locations throughout the Chicago area. Reorganized IT for Profitability and Growth. Reduced annual budget creep from an average of 24% to zero, saving over $350k annually. Created 3 year IT business plan, redirecting financial resources toward infrastructure development and long term business needs while improving uptime significantly. Restructured Employee Benefits Program, capturing an unprecedented 16% reduction in annual premiums and expanding service coverage while holding employee premiums flat. Corporate premiums have been reduced by $86k annually. Renegotiated Pathology Service line coverage, realizing a $135k reduction in professional fees for 2016. CHIEF OPERATING OFFICER 2009 - 2015 * Heart Care Centers of Illinois / Midwest Physicians Alliance, Inc. - Providing advanced cardiovascular, diagnostic and interventional services to over 75,000 patients across 19 hospitals and clinics in the Chicago area. Negotiated 5 key lease agreements and built 2 cardiology clinics driving $2.6Mil in cost reductions. * Championed / Implemented the Physician Quality Reporting System, securing $1.3Mil in Medicare incentives which established HCCI as a quality leader and enabled a 15% reduction in malpractice premiums. * Reorganized administrative infrastructure and established metrics and reporting tools designed to optimize revenue cycle efficiency. Secured $430k in recurring annual revenue in the first 6 months. * Created / deployed a laboratory diagnostics program across 7 clinics, increasing annual revenue by $286k. Championed / Implemented e-Prescribing throughout the practice, generating $960k in Medicare incentives. * Implemented EMR systems, software, processes and metrics generating $1.2Mil in government incentives. * Restructured 401k and benefit programs, dramatically increasing benefits and reducing costs by 22%. * CHIEF OPERATING OFFICER / BOARD MEMBER 2007 - 2008 * Clinical Resource Network, LLC - Delivering international clinical trial support and revenue enhancement solutions for pharmaceutical, biotechnology and medical device innovators. Developed the Corporate P&L, grew Revenue by 52%, increased Gross Margins to 50% and increased Sales Backlog by 381% in the first 10 months. * Recruited Key Executives, including CFO and VP of Business Development and ramped Clinical Operations team by 125% to accommodate rapidly accelerating business growth. MICHAEL J. CLINE
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