James

JAMES GAMBAROTA CPA @sbcglobal
8038 Bunker Drive, Orland Park, IL 60462 (708) 289-8218

VICE PRESIDENT FINANCE / CFO

Budgets / Financial Analysis & Reporting / Software Conversions / Strategic Planning / Variance Analysis / Board Meetings / Accounting Management / Banking / Vendors / Turnarounds / Cost Control / HIPPA

Achieved significant financial improvements in healthcare facilities. Improved operating efficiencies by analyzing staffing, collections and follow up activities. Managed financial operations, admissions and business office, and medical records for multiple facilities. Negotiated managed care and HMO contracts, improving reimbursement rates. Built positive relationships with medical staff, providing them systems to assist in billing. Guided successful computer conversion to twelve application system.

• Increased bottom line by reducing expenses, and increasing reimbursement.
• Reduced accounts receivables from 100 days to under 60 days at Bethany Hospital
• Increased governmental reimbursement at Roseland Hospital by $1.3M and Watervliet Community Hospital by $700,000.
• Improved hospital admission rates at Bethany hospital through physician relations
• Lowered physician delinquency rate for filing medical records attestation reports from 60% to 15%

Key Skills: Strong performance analysis and improvement skills. Work well with cross functional teams to identify opportunities for improvement. Excellent command of information systems and applications. Knowledge of current regulations and insurance practices.

BS, Accounting with Honors, University of Illinois, Chicago. CPA 1978, Enrolled Agent 2016, Honorable Discharge, US Navy.

SELECTED ACCOMPLISHMENTS

Increased bottom line by reducing expenses, increasing reimbursement and increasing patient volumes.
Benchmarked and reduced staffing and other expenses, increased reimbursement by negotiating better terms from managed care companies. Increased volumes through improved customer relations.
Reduced accounts receivables from 100 days to less than 60 days at Bethany Hospital. Receivables the highest in hospital history. Launched revenue cycle initiative including registration training and motivation, medical records coding and timely billing and follow up.
Increased Medicare reimbursement at Roseland Hospital $1.3M. Review of Medicare cost report resulted in identification of errors resulting from allocations of expenses and understated utilization. Reopened cost report, recomputed and resubmitted report, bringing in additional revenue to hospital.

Improved hospital admission rates at Bethany hospital through physician relations. Physicians directing patients to competitive hospitals. Met with physicians and analyzed their office operational needs. Installed in-patient demographic sharing software providing patient hospital information. Data reduced time needed for physicians to research hospital usage which resulted in quicker billing

Willing to travel: 3 miles

Experience: I am currently retired. My career was spent as a CFO/CPA in various hospitals both in Chicago and Philadelphia. These included for profit and not for profit.

In that position I was in charge of the accounting and cost accounting functions, billing, medical records admitting, housekeeping. plant facilities. In addition, I was a key member of the administrative staff.

After graduation many years ago, I began preparing taxes for friends and family. That practice includes approximately thirty returns. In 2016 the Enrolled Agent certificate was earned. Since then, I have expanded my practice to approximately two hundred clients.

I have been tutoring accounting and taxes online for the past five years. I enjoy spreading the accounting knowledge as well as the enthusiasm that I have for accounting. The student is guided to the answer through a series of questions that present in the problem. I do the work in Excel where I can share my screen. At the end of the session the file is emailed to the student for review and future questions at our next session. One on one tutoring can be accomplished at a local library.

I am seeking the tutoring opportunity to maintain and expand my knowledge in addition to helping students understand accounting.

Respectfully yours,



James , CPA, EA