HENRY A.

BROWN, CPA, MBA, FHFMA

Miami Beach, FL 33140

henrybrowncpa@gmail.com

305-778-9333

EXPERIENCE
THE HOSPITAL DOCTOR, LLP, Miami,

FL

Interim

2007 to 2008 & 2012 to 2015

Financial Performance Director

National Interim Consulting
Worked with client (hospital & medical staff) to reduce length of stay & generate significant profit increases.
Assisted clients understand and deal with Bad Debt threat of Health Savings Accounts.
Prepared and assisted hospital clients collection staffs with Medicare RAC Audits: threats & solutions.
Start-up Surgical hardware manufacturer, going public (SEC - OTC) complex accounting, slow sales, Industry
changes in Quality control limited viability; preparation for Chapter 11 filing.
Ongoing evaluation & modification of computer software to accommodate changes in Hospital data needs.
Assistance to computer vender in niche medical market, created by the 340B Medicaid Drug Rebate Program.
To allow reduced cost to government assistance participants, Pharma companies rebate pharmacy programs
based on specific guidelines and lot purchases. Performed extensive analysis of detailed data based programs
to determine the feasibility of combining cost finding of the 340B program with Medicare cost accounting and
P&L reporting.

WESTCHESTER GENERAL HOSPITAL, (fp, family owned) Miami FL

2008 to 2012
Chief Financial Officer
Hospital Beds: 160,
Budget $55 Million
Improved cash receipts 10% ($5 mill) from previous years billing with clerical RAC compliance. Reduced
annual operating costs: Pharmacy ($300k), Laundry(75k), Laboratory & Blood (50k). Instituted new programs
for improving reimbursement: Medicare RAC (with improvement in record keeping and medical documentation
of Medical Records).

CHESAPEAKE GENERAL HOSPITAL, (nfp) Chesapeake, VA Interim,

9 months

2007 to 2007

Chief Financial Officer - Interim

Hospital Beds: 310,
Budget: $205 Million
With consensus of the auditors, corrected a prior years valuation error in Net Accounts Receivable of
$6,000,000. Developed and implemented financial controls and reporting for all operational entities.
Implemented Cost Accounting system & reporting for service lines and physician impact on hospital services.
Introduced FTE & productivity reporting, departmental staffing criteria, and supply chain assessment.
Improved Revenue Cycle (denials, authorizations, rate placement, contract compliance)
Negotiated managed care, dialysis and anesthesiology contracts
Prevented technical Bond default
Realized improvements in profit from operations of $21M annually.

PAN AMERICAN HOSPITAL

(fp)

Miami, FL

2005 to 2007

Chief Financial Officer Interim

Hospital Beds: 150,
Budget: $95 Million sold to P.R. investor
Managed viable cash flow of hospital to the date of the sale.
Negotiated bridge financing for turn-around and work-outs, Negotiated Managed Care Contracting,
Improved operational efficiency ($200k/yr).
Implemented accurate and timely financial reporting
Managed Investor and Lender reporting; monitoring of debt covenant compliance
Implemented Revenue Cycle initiatives to improve cash flows and levels of patient care ($450k/yr)

PALM SPRINGS GENERAL HOSPITAL,

(fp) Hialeah, FL

2002 to 2004

Chief Financial Officer

Hospital Beds: 247 Budget: $118 Million
Planned and implemented computer systems and conversions. Developed Cost accounting system
development by service and by physician. Improved operational efficiency with team effort. Implemented
Revenue Cycle improvements increased collection rates by three percent ($2.5M). Provided analysis,
recommendations and implementation of improved financial operations. Reduced operating expenses by
improved efficiency with labor reporting implemented. Improved management of supply cost through vendor
contract negotiation and improved selection of purchasing alternatives with Physician agreement.

HENRY A. BROWN, CPA, MBA, FHFMA

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MEDICAL MANAGEMENT OF AMERICA, INC. (fp) Miami, FL

Owner-operator of hospitals and physician practices

Chicago, IL
1996 to 2002

President, CEO Doctors Hospital Hyde Park; Hospital Beds: 310, Budget: $165 Million Administrator: Larkin Community Hospital
Hospital Beds: 122, Budget: $75 Million
Management of Hospitals and physician practices. Physician recruitment. Implemented effective marketing
programs and turn-around financial management. Planned and implemented computer systems and
conversions. Developed Cost accounting system by service and physician. Improved operational efficiency.

PHYSICIAN PRACTICE MANAGEMENT, INC. Miami, FL

Dyersburg, TN
Owned consulting company services to physicians, group practices and hospitals
1993 to 1996 & 2004
Increased cash flow by improving billing, coding, charting, utilization; accounts receivable management and
rate setting. Negotiated managed care contracts.
Implemented effective marketing programs.
Assisted in developing cost accounting systems
Arranged Private equity financing.

QUORUM HEALTH SERVICES, INC.

Hialeah Hospital (nfp) Hialeah, FL

1991 to 1993

A hospital management company, turn-around assignment of bond defaulted facility

Chief Financial Officer - Interim
Hospital Beds: 378
Budget: $150 Million
Improved cash flow, profitability under the debt default restructuring agreement Achieved established
financial goals, established internal controls, reduced AR days from 75 to 60 with incr. cash ($3Mil).
Participated in development of County-wide HMO.

AMERICAN OUTPATIENT SERVICES CORPORATION (fp)

A closely held national company owning dialysis centers.
Consultant

Provided CFO services to Board Chairman

Plantation, Florida
1991 to 1992.

Organized initial public offering documents.

GOLDEN GLADES REGIONAL MEDICAL CENTER, LTD. (fp) Miami, Florida

For-profit hospital
Interim Turn-around assignment

1989 to 1991

President, Chief Executive Officer Beds: 352 Budget: $50 Million

Maintained viability of Hospital by improving cash flow. Organized Medical Staff acquisition and Physician
joint ventures. Improved Revenue cycle management increased cash receipts by 8% ($3mil) Arranged
investor participation with restructured debt. Planned and implemented computer system conversions
Reduced expenses 15%. Implemented Cost accounting system

CHASE MEDICAL GROUP, Inc., Miami, Florida

An Amex listed company, 12 facility multi-specialty medical group practice.
Vice President, Treasurer, Chief Financial Officer - Interim
Implemented SEC reporting & compliance prepared 10Qs and 10Ks.
Improved efficiency of the billing and collections for the practice.

1988 to 1989

Reduced expenses 20%,

McMAHON, LOVE, PIERCE & ALBERT, CPA's West Palm Beach, Florida
Provided accounting and consulting services to healthcare and other business clients. 1987 to 1988
Director, Management Consulting Services

NETWORK HEALTHCARE, Inc. (nfp start-up) Fort Lauderdale, Florida

An HMO venture of 6 hospitals including St. Mary's Hospital.

1985 to 1986

President and Chief Executive Officer

Developed and managed the organization. Secured start-up capital, Obtained Medicare contract,
Organized provider network. Provided orderly transfer to successor - HIP Network.
Obtained Medicare contract.
Participated in the development and start-up of a not-for-profit HMO as an officer of one of the originating
members. Negotiated sales with employers for employee health-plan coverage.

HENRY A. BROWN, CPA, MBA, FHFMA

ST. MARY'S HOSPITAL, Inc (nfp) West Palm Beach, Florida
Faith Based hospital
Vice President and Chief Financial Officer
Hospital Beds: 385

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1981 to 1985

Budget: $200 Million

Participated in all Board meetings, long range planning committee, Managed all finance functions.
Turned losses to profits. 50% reduction in AR days to 45 cash increase ($5mil). Restructured debt with
annual savings $800,000
Developed PPO & HMO and for-profit ventures between Hospital and Medical Staff. Increased collection
percentage three percent. Improved profit from operations of $36M annually. Reduced costs and improved
operating margins for first-time profits from operations. Participated in successful Labor negotiations.
Introduced Revenue cycle management

ERNST & WHINNEY, Tampa, Florida

National CPA and Consulting firm

1980 to 1981

Supervisor, Management Services

Specialist in improving cash flow. Financial operations improvement consulting. Staffing efficiency.

HUMANA, Inc., Louisville, KY, Orange Park FL, Newport Beach, CA

International corporate owner-operator of hospitals

1975 to 1980

Regional Financial Manager

Responsible for financial operations and turn-around for 23 hospitals.
Improved cash flow and profitability, AR reduction. Financial operations turnaround manager.
Assisted hospital CFOs implement recommendations regarding Revenue Cycle and expense Management.
Exceeded cash collections goals in one year. Improved Revenue cycle management
Conducted financial operations appraisals of 23 individual hospitals with written plan and implementation
assistance.

PUBLIC ACCOUNTING New York, NY

Various accounting firms

1973 to 1975

Senior and Staff Accountant

CREDIT & FINANCE

New York, NY
Factor-Finance Company, Chase Manhattan Bank

1970 to 1973

Credit and Assistant Credit Analyst

PROFESSIONAL STANDINGS
CPA, Certified Public Accountant Florida, New York license active through December 31, 2016
Fellow, Healthcare Financial Management Association

EDUCATION & PUBLICATIONS

MBA, Hofstra University, Hempstead, NY 1975 BA, S.U.N.Y. Binghamton, Binghamton, NY 1970
Key Strategies for CFOs & Key thoughts on Budgeting in times of uncertainty Panel discussion presented
at Beckers Hospital Review Annual Meeting, Chicago, IL May 2012.
Physician & Hospital Alignment: Strategies for Reducing Length of Stay and Costs Presented at HFMA 2008
Annual National Institute, Las Vegas, Nevada June 2008
Executive Conference October 2007. Vendor sponsored 2 day conference. Delivered Case Study and analysis
on Implementation of Cost Accounting System in Community Hospital
Cash Management Group Practice Journal; Volume 29, Number 11; November 1980. AGPA (American
Group Practice Association)

COMMUNITY PARTICIPATION
Active community involvement has included various types of volunteer work to share with others.
Meditation instructor.