David Paul Sweeney
Community Options, Inc.
MORRISVILLE,PA
1
Certification
30
years of professional experience
Strategic healthcare CFO with executive financial leadership driving enterprise growth, operational transformation, and financial performance across healthcare and nonprofit organizations. Trusted advisor to CEOs, Board of Directors, lenders, and executive leadership teams with extensive experience scaling complex organizations, optimizing revenue cycle operations, managing capital, and improving enterprise profitability. Recognized for building high-performance finance organizations while delivering measurable improvements in cash flow, operating margin, financial controls, and long-term strategic planning.
Knowledgeable CFO with strong background in financial leadership and strategic planning. Successfully led financial transformations and streamlined operations to enhance profitability. Demonstrated expertise in financial analysis and risk management.
Work History
Chief Financial Officer
14 Years 8 Months- Chief Financial Officer for a national nonprofit healthcare organization with approximately $495M in annual revenue, providing strategic financial leadership to support rapid organizational growth, operational excellence, and long-term financial sustainability.
- Partnered with executive leadership to grow organizational revenue from $80M to $495M.
- Led complete modernization of the finance function, transitioning to electronic billing and a cloud-based accounts payable platform.
- Increased annual operating income from $400,000 to $22M through disciplined financial management, operational improvements, and revenue optimization.
- Negotiated and managed a $17M revolving credit facility across five banking institutions while improving debt covenant performance.
- Outsourced fleet operations vehicles to Enterprise Fleet Management, generating $500,000 in savings.
- Introduced technology platforms including NetSuite ERP, WEB Expenses, yielding $800K in annual cost savings.
- Built scalable financial infrastructure supporting annual organizational growth of 7%++ annually.
- Serve as a key strategic advisor to the CEO and the Board of Directors.
Area Controller
4 Years- Directed revenue cycle and financial management supporting 49 skilled nursing facilities with responsibility for approximately $1.6B in cash collections.
- Reduced Days Sales Outstanding from 59 days to 45 days.
- Increased NOI by $7.5M through improved collections and bad debt management.
- Reduced annual write-offs from approximately $6M to $2.6M.
- Developed Medicaid appeals strategy recovering millions in reimbursement.
- Coordinated budget preparation for all facilities including Medicare/Medicaid rate analysis; contributed to a system-wide average occupancy rate of 94%.
Chief Financial Officer | VP Financial Services
4 Years- Directed all financial operations for a $150M long-term care division comprising of 10 facilities.
- Managed team of 56 finance professionals supporting more than 1,600 employees.
- Reduced vendor base from two-thirds, generating over $930K in savings.
- Managed all Medicare, Medicaid, labor, government, and external audits.
Controller
5 Years- Helped develop LTC division financial reporting package from the ground up in partnership with the IT Director.
- Led payroll conversion to ADP generating savings.
- Standardized accounting systems across all 10 facilities.
Assistant Controller
2 Years- Prepared all journal entries and statistical analysis across four facilities.
- Conducted a timecard audit that identified and recovered over $75K in savings.
- Trained and developed a team of four in accounts payable and payroll functions.
Education
Master of Business Administration
Bachelor of Science - Accounting / Finance
Skills
Financial Planning and Analysis
Board Reporting
Revenue Cycle Optimization
Cash Flow & Treasury Management
ERP Systems (NetSuite
Oracle
Peoplesoft)
Capital & Debt Management
Multi-Entity Consolidation
Regulatory Compliance (GAAP
Medicare & Medicaid)
Team Leadership & Development
Process Improvement
Budget & Variance Analysis
Banking Relationships
ERP / Finance: NetSuite
Oracle
Keane Inc.
Microsoft Navision
Peoplesoft
Payroll & HR: ADP
Kronos
UltiPro
Other: Artiva
Web Expense
RFMS
Divvy
QuickBooks
AS400
Microsoft Office Suite
Accomplishments
- Scaled organizational revenue from $80M to $495M.
- Increased annual operating income from $400K to $22M.
- Improved annual cash flow through revenue cycle modernization and electronic billing transformation.
- Negotiated and managed a $17M multi-bank credit facility while strengthening lender relationships and improving financial covenant performance.
- Achieved ERP Implementation by introducing NetSuite(Oracle), creating $800K savings.
- Extensive experience presenting financial strategy and performance to Boards of Directors and executive leadership teams.
- Supervised team of 85 staff members.
Certification
Certified Public Accountant (CPA), State of Pennsylvania, CA057428
Timeline
Chief Financial Officer
Community Options, Inc.
01.2012 - CurrentRead More
Area Controller
Extendicare, Inc.
01.2008 - 01.2012Read More
Chief Financial Officer | VP Financial Services
Saint Barnabas Health Care System, Long Term Care Division
01.2004 - 01.2008Read More
Controller
01.1999 - 01.2004Read More
Assistant Controller
Megacare (SBHCS Affiliate)
01.1997 - 01.1999Read More
Rutgers University
Bachelor of Science from Accounting / Finance
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La Salle University
Master of Business Administration
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