Summary
Overview
Work History
Education
Skills
Affiliations
Timeline
Accomplishments
Generic
PETE MARTINEZ

PETE MARTINEZ

Revenue Cycle Executive
Coppell,TX

Summary

Senior executive with more than 20 years of healthcare experience in progressive leadership roles within (RCM) Revenue cycle management. Adept at transforming the revenue cycle by helping providers maximize financial and operating performance. Proven record of building successful teams and guiding companies through periods of growth.

Selected Career Accomplishments -
• Strategically created and led a scalable revenue cycle operation for Parkview Medical Center to support a rapidly growing multi-specialty medical group that grew from 5 to 250+ physicians, including 19 lines of business and hospitalists within 5 years throughout the southern Colorado region.
• Led and designed a turn-key revenue cycle platform for Memorial Health Systems ambulatory physician group from inception to implementation for 20+ multi-specialty facilities.
• Architected and incorporated 25 large scale Clinical Delivery Organizations (CDO’s) onto Optum 360 platform spanning multiple states.
• Constructed a value-based program within revenue cycle to champion innovation that increased revenue by >$1M in gross margins in year 1, >$7M year 2 and achieved a 5 Star rating with Optum and United Health Care.

Having minored in software engineering and having operational insight provides a unique ability to create platforms that are scalable, functional, and cost efficient.

Overview

23
23
years of professional experience

Work History

Executive Revenue Cycle Expert

Pete Martinez, Consulting
Coppell, TX
10.2022 - Current

Provide revenue cycle management consulting, solution implementation and interim revenue cycle management to physicians, multi-facility integrated business offices, and large multi-specialty physician groups with a focus on optimizing processes and technology.

• Established streamline workflow solutions within revenue cycle operations to increase margins.
• Automated manual processes to improve functions within revenue cycle disciplines.
• Consult on opportunities to improve financial margins with offshore expansion.

Sr. Vice President Revenue Cycle Management

Shearwater Health
Nashville, TN
01.2022 - 10.2022

Recruited to develop and lead the client relationship function for a global revenue cycle shared services outsourcing model. Provided direction, supervision and training to a team of 5 direct reports serving as client liaisons for support and achievement of Revenue Cycle Service Level Agreements (SLAs) of an offshore team of 800+ in the Philippines. Conducted executive-level performance and operations reviews with clients.

• Maintained client relationships to assist in expanding market footprint by 30%.
• Increased net margins by 25% with RCM operational redesign and implementation of technology.
• Maintained quality rating of 95% or better.
• Reduced staff turnover by over 10% through team leadership and change management within culture.

Vice President Revenue Cycle Management

National Partners in Healthcare
Richardson, TX
02.2020 - 01.2022

Responsible for developing and implementing a scalable enterprise-wide end-to-end physician revenue cycle business model and oversight of daily operations for growing multi-state PE anesthesia group. Partnered with physician leaders to optimize reimbursement focusing on documentation review and technology implementation increasing collections by more than 50% in the first year.

• Increased daily cash collections by 45%.
• Increased EOB posting automation from 38% to 99%.
• Reduced cost to collect from 12% to 3%.
• Achieved and maintained highest NPS scores for both customer and staff in company history.
• Implemented technology to optimize A/R recovery time and increased automatic payment posting function from 2% to 99% creating efficiencies and cost savings.

Vice President Revenue Cycle, Ambulatory Operation

Optum360 Inc
Irving, TX
03.2019 - 02.2020

Recruited to develop and incorporate more than 25 large scale clinical delivery organizations (CDO)'s onto an enterprise wide model for a multi-specialty ambulatory revenue cycle operation consolidating more than $2.8B in accounts receivable.

• Created and implemented revenue cycle staffing models that include total workforce of 1000+ employees both on and offshore.
• Improved Net Collections Rate to Optum360 standard > 98%.
• Enhanced revenue cycle capabilities via technology reducing days in A/R to industry best 90th percentile per MGMA standards.
• Built and led high functioning team to execute all facets of fast growing RCM platform in a highly matrixed environment.
• Recognized as 2019 Everest Group PEAK Matrix RCM Business Process Services Leader as a part of leadership team.

Regional Director - Revenue Cycle Management

McKesson
Greenwood Village, CO
01.2018 - 03.2019

Responsible for strategic planning, growth and leading of multi-state oncology RBO staff of 300+ that aligned Mountain West region for multiple locations to improve reporting capabilities and streamline communication. Generated budget and goals for RBO and maintained P&L accountability for $4.2B in accounts receivable including meeting annual budget requirements.

• Led a multi-national team comprised of 70% onshore staff and 30% offshore.
• Exceeded annual collection goals by 16%.
• Reduced time to bill by 50%.
• Decreased bad debt write offs by 25%.
• Reduced Denials by 51%.

AVP of Physician Services

Parkview Medical Center
Pueblo, CO
09.2011 - 01.2018

Promoted to develop and lead enterprise-wide physician revenue cycle business model and implementation of strategies to drive customer value across areas such as acute and physician integration, technology, and site operations. Increased margins by > $7M in first 2 years building a Value Based Care model for the multi-specialty physician group that included more than 19 different service lines.

• Increased Net Collections Rate from 88% to 99%.
• Reduced days in A/R from 37 days to 22 days (41%).
• Decreased Average A/R days over 60 by 50%.
• Automated entire revenue cycle resulting in speed of charge capture from date of service to date of entry (lag) to average of 2 days.
• Led team to perform at 90th percentile per MGMA standards.

Manager Revenue Cycle Business Operations

UC Health
Colorado Springs, CO
02.2009 - 09.2011

> Previously Memorial Health Systems

Manager of Business Development to Director of Business Services, RCM

Responsible for the strategic planning, growing and leading the end-to-end revenue cycle enterprise model for Memorial Physician's Network primary care and multi-specialty group. Built a highly functional leadership team leading to best in class operation.

  • Integrated physician partners onto CBO platform increasing group from 0 to 20+ in under 1 yr.
  • Increased collections by 20%.
  • Developed physician relationships, collaborating to improve culture and communication.
  • Maximized revenue by 25% providing proper documentation education to clinicians and physicians.

Director of Operations

United Health Group, Ingenix
Colorado Springs, CO
08.2000 - 02.2009
  • Developed physician-based EDI operation platform that included clearing house transactions and 24/7 B2B customer support.
  • Established 200 seat call center operation that ran 24/7, 365 that included both on/offshore resources.
  • Constructed system from inception to full implementation that supported >1M transactions per day.

Education

MBA - Business Administration

Capella University

Bachelor of Science - Business Administration and Management, Software Engineering

Colorado State University

Skills

  • Revenue Cycle Management
  • Excellent Team Leadership
  • Operational Standards
  • Negotiation and Conflict Resolution
  • HIPAA Regulations
  • Client Correspondence/Service Delivery
  • Strategic Initiatives
  • Healthcare Industry
  • Technology Implementation
  • Professional Development
  • Strategic Vision / Initiatives
  • Build Client Relationships

Affiliations

  • ACHE
  • MGMA
  • HFMA


Timeline

Executive Revenue Cycle Expert

Pete Martinez, Consulting
10.2022 - Current

Sr. Vice President Revenue Cycle Management

Shearwater Health
01.2022 - 10.2022

Vice President Revenue Cycle Management

National Partners in Healthcare
02.2020 - 01.2022

Vice President Revenue Cycle, Ambulatory Operation

Optum360 Inc
03.2019 - 02.2020

Regional Director - Revenue Cycle Management

McKesson
01.2018 - 03.2019

AVP of Physician Services

Parkview Medical Center
09.2011 - 01.2018

Manager Revenue Cycle Business Operations

UC Health
02.2009 - 09.2011

Director of Operations

United Health Group, Ingenix
08.2000 - 02.2009

MBA - Business Administration

Capella University

Bachelor of Science - Business Administration and Management, Software Engineering

Colorado State University

Accomplishments

  • Strategically created a scalable revenue cycle operation for Parkview Medical Center to support a multi-specialty medical group including a value-based care model that grew from 5 to 250+ physicians, including 19 service lines throughout the southern Colorado region.
  • Led and designed a turn-key revenue cycle platform for Memorial Health Systems ambulatory physician group from inception to implementation for 20+ multi-specialty facilities.
  • Architected and incorporated 25 large scale Clinical Delivery Organizations (CDO) onto Optum 360 platform spanning multiple states.
  • Constructed a value-based program within revenue cycle to champion innovation that increased revenue by >$1M in gross margins year 1, > $7M year 2, and achieved a 5 Star rating with Optum and United Health Care.
PETE MARTINEZRevenue Cycle Executive