Bileddo Associates

10+ year in Accounting/Financial Services executive experience in hospital environment.

• Oversee financial operations including business planning, accounting, financial reporting and analysis, capital and operating budgeting and supply chain management.
• Oversaw all revenue cycle functions, including admitting, patient financial services, billing, collections, health information management, coding and transcription services.
• Oversaw all revenue cycle functions, including admitting, patient financial services, billing, collections, health information management, coding and transcription services.
• Provided technical guidance on accounting standards and monitor accounting practices to ensure conformity with GAAP.
• Participated in annual budget and monthly operating review meetings with local and regional senior leadership.
• Directly oversaw the annual financial, A-133, and pension plan audits and managed relationships with independent auditors and actuaries.
• Served as Chief Accounting Officer, providing technical guidance on accounting standards and monitoring accounting practices to ensure conformity with GAAP.
• Through the creation of a shared governance cost initiative, achieved approximately $5 million in unbudgeted EBITDA through improvements in ALOS, charge capture and point-of-service cash collections and reductions in denials, labor costs, purchased and outsourced services and discretionary spending.
• Led various revenue, cost and resource management initiatives resulting in earnings growth of $9 million/67%, a #1 Regional ranking for the Balanced Scorecard Cost Pillar and recognition as a Tenet Circle of Excellence hospital.
• Led an affordability initiative resulting in the highest operating margin (12%) and lowest cost structure among the twenty-one medical centers.
• Implemented various revenue cycle and cost improvement initiatives contributing to an 11% operating margin.
• Implemented a labor productivity management process for two medical centers resulting in over $3 million of labor cost savings and a new charge coding process resulting in over $1 million of additional net revenue.

Saint Joseph’s University

Saint Joseph’s University

Commonwealth of Pennsylvania