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Steve Womack is a Partner with CENTRE Health Partners, LLC. He has worked in the healthcare industry for over 30 years. He has worked in over 100 hospitals during his career as well as physician practices, ambulatory surgery centers, home health organizations, and HMO groups. His career has included external and internal auditing, Due Diligence reviews, business office and materiel management projects, charge capturing reviews, interim CFO at three hospitals, CFO of two corporate departments, third party reimbursement, and systems installation and support.
Steve also has a background in information technology, having installed, trained and supported system applications as well as being the Internal Audit Director for a large hospital management company with over 1000 systems that was supported by an IT group of over 1000 employees.
Steve started his career with Peat, Marwick, Mitchell & Co. (now KPMG) where he worked for almost two years auditing in the healthcare, construction, retail, banking, and manufacturing industries. He then joined Hospital Corporation of America where he worked for over 26 years. His time with HCA included Internal Audit, Reimbursement/Cost Reporting, Information Technology, interim CFO at two California facilities, and CFO of two corporate departments. His experience included working in approximately 30 states and three foreign countries and in hospital facilities ranging in size from 40 beds to 1800 beds.
Steve formed his own consulting company in 2002 and has worked on a hospital turnaround effort, served as an interim CFO for a newly acquired hospital for a large for profit chain, and completed internal control reviews in seven hospitals. Most recently, He has gained extensive knowledge and experience in serving clients requiring assistance with compliance with Sarbanes-Oxley legislation.
Key highlights of his career include the following:
- Audit responsibility for over $2,000,000,000 in assets and revenues at the largest hospital management company in the U.S.A.
- CFO at a major hospital during an ownership transition, including operational/financial and due diligence responsibilities.
- Participating in a turnaround effort for a not for profit hospital. The facility was on a run rate to lose over $2,500,000 in the current fiscal year. In four months, the facility was projected for a $1,500,000 profit in that fiscal year.
- Provided extensive support to a large healthcare organization that experienced a massive fraud by assisting in the development and implementation of necessary internal controls.
Steve obtained CPA certification in Tennessee in 1976. He also holds fellowship in the HFMA as well as the Certified Managed Care Professional designation. He holds a B.S. degree in Accounting from Middle Tennessee State University. |
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Please
contact Steve Womack at SWomack@morris-anderson.com
Or visit: centrehp.com |