Matthew Porter

• Provides management with key strategic information on assigned business segments. This position develops a thorough knowledge of Allscripts SFM/SCM/CPM, EPSi, HPM, HBI, Axiom, general ledger, decision support and cost accounting systems. This position works closely with the vice president, and the assigned leaders to provide accurate and timely reports, budgeting, contract management and review, and revenue integrity for assigned business segments, and productivity management.
• Oversees and assists service line leaders in reviewing financial performance.
• Prepares schedules monthly to explain financial results for vice president and directors.
• Oversees and assists with the annual budget, based on the budget calendar.
• Oversees productivity management process and system.
• Serves on the business enhancement committee preparing financial analysis for companies being reviewed and suggests review opportunities.
• Reviews business intelligence tools to ensure financial accuracy.
• Assists in financial analysis to review potential acquisitions, expansions, new equipment and services for capital and financial planning.
• Is responsible for hospital’s operational excellence; ensures department delivers quality services in accordance with applicable policies, procedures, and professional standards.
• Oversaw budget management, optimizing resource allocation for maximum efficiency and effectiveness.
• Analyzed performance metrics to identify areas for operational improvement and strategic growth opportunities.
• Worked closely with organizational leadership and board of directors to guide operational strategy.
• Oversaw financial management, ensuring fiscal responsibility and long-term sustainability for the organization.

Exercised appropriate cost control to meet budget restrictions and maximize profitability.

• Functions as an on-site financial resource focusing on revenue growth and bottom line performance for the only 5 Star hospital in the area. Gulf Breeze Hospital which provides patients access to numerous services offered by the facilities within the Baptist Health Care system, including the nationally recognized Andrews Institute for Orthopaedics & Sports Medicine (located on the Gulf Breeze Hospital campus) and Baptist Medical Park – Navarre, a Gulf Breeze Hospital department.
• Prepares monthly operational and financial analysis, compiles results in presentation format, and present findings to C-Suite executives.
• Manages the creation, curation, and distribution of weekly and monthly key performance indicator reports to all levels of the organization.
• Supports all facets of the business with data aggregation, organization, analysis, and presentation.
• Financial Performance and development of the area’s only Free Standing Emergency Department/Urgent Care.
• Provided actual and budget variance analyses; identified variances for multiple product lines which allowed for financial, strategic, and operational decision making.
• Gross Revenue growth from 2021 to 2022 of $107M (13.8%)
• Net Revenue growth from 2021 to 2022 of $14.5M (9.8%)
• Developed and implemented financial strategies to optimize budget management and resource allocation.
• Oversaw preparation of annual budgets, ensuring alignment with organizational goals and compliance standards.
• Streamlined financial reporting processes, improving accuracy and timeliness of deliverables for executive leadership.
• Mentored finance team members, fostering professional growth and enhancing departmental performance.
• Collaborated with senior management to drive strategic initiatives and support organizational growth objectives.
• Improved financial performance through thorough analysis of company expenditures and revenues.
• Analyzed financial statements against forecasts to prepare high-level variance analysis.

• Functions as an on-site financial resource focusing on revenue growth and bottom line performance for the practice and its relation the service line. The practice includes 146 support staff and 36 providers generating $34 million in gross revenue. Coordinates with on-site managers and directors for reviewing monthly financial performance of cost centers against budget.
• Direct liaison for physician inquiries and synergy for Baptist Healthcare and Baptist Medical Group
• Provide an avenue to bridge the gap between the financial aspect and operational aspect of the practice
• Oversight responsibilities for Cardiologist compensation, practice financials, and controls
• Budget facilitator
• Maintains and ensures the integrity of the wRVU compensation model and compliance with Providers compensation contract.
• Streamline reporting processes and development of provider compensation report cards
• Development of policies and procedures for the practice and the Providers contractual agreements
• Physician interview process including financial structure review and compensation model review.
• Directed financial planning and analysis for cardiology department, ensuring alignment with organizational goals.
• Implemented cost control measures, optimizing departmental budgets and reducing unnecessary expenditures.
• Evaluated and improved existing financial processes, driving efficiencies across budgeting cycles.
• Presented detailed financial reports to executive leadership, facilitating informed decision-making on resource allocation.
• Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.

• Consult with other senior leadership on the financial analysis and business actions. Manage and train others on the Practice Management team with annual budget processes, monthly financial activities, analytical report preparation, and capital purchase presentations. Monitor monthly productivity, expenses, and revenues compared to historical data and current trends.
• Financial Oversight/Review of Professional Practices and Ancillary Lines of Business including: Ophthalmology, Primary Eye Care, Pain Management, ENT, Lab, Imaging, PT/Bracing, GI Infusion, and Rheumatology Infusion with a total of $30 million dollars in annual collections.
• Proforma Analysis for capital equipment and provider interview process.
• Board of Director and Finance Committee presentations on financial performance of Clinic Ancillary Lines of Business (Lab, Imaging, PT/Bracing, and PEC), capital purchases, new lines of business, and physicians on guarantee salary.
• Part of development team for wRVU compensation model.
• Maintaining, updating, and analyzing wRVU compensation model.
• Operational Management of Ophthalmology, Primary Eye Care, ENT, Pain Management, and Urgent Care including 16 providers and over 50 medical office staff.
• Successful on-boarding of multiple providers to organization across multiple specialties.
• Annual budget training and implementation.
• Successful negotiation of capital equipment purchases, service agreements, and professional services.
• Led strategic initiatives to enhance operational efficiency and patient care quality.
• Oversaw project management for multiple initiatives, ensuring timely completion within budget constraints.
• Mentored junior consultants, fostering professional growth and contributing to a collaborative work environment.