Experienced with executive leadership and strategic planning. Utilizes innovative approaches to drive business growth and operational excellence. Track record of effective team collaboration and achieving results.
Overview
16
16
years of professional experience
Work History
Vice President, Growth Finance
Blue Shield of California
Oakland, CA
05.2021 - 11.2024
Supported 10 lines of businesses, representing $24B in revenue, with a goal to drive profitable growth across all lines, via a 40-person team
Exceeded budgeted membership growth in 2021-2024 by greater than 50% each year
Lead the Performance Management Review with the VP of Pricing, the monthly close meeting for the Growth organization leadership, targeted to communicating membership and financial results and creating and tracking initiatives to exceed budget targets
Kickstarted the development of Margin Playbooks for each line of business, which lays out the strategy and execution needed to reach balanced long-term growth and profitability targets
Delivered strong financial performance despite challenging economic conditions by executing prudent risk management strategies throughout all aspects of business operations.
Created and led 20-member team in newly reformed Consumer Markets Finance department that supported $10B of revenue and over 1.4M members between Individual and Family Plans, Medicare and Medi-Cal
Guided the leadership of the financial turnaround effort of the Medi-Cal line of business, structured around margin enhancement for revenue, administrative expenses, and cost of health care, resulting in an improvement of $75M in operating margin in 2020
Drove better than planned profit margin results for 700K+ Individual Markets members in 2019 - 2020, despite everchanging governmental regulations and overall market size contraction in the California Individual Market
Demonstrated proficient leadership skills to motivate employees and build competent teams.
Drove revenue growth of 35%+ and exceeded forecasted Change in Net Assets target in FY 2017
Revamped the financial infrastructure, consisting of implementing a new claims system, designing a new monthly Executive financial package, and shortening the monthly close process from 10 days to 5 days
Enhanced company performance by implementing new strategies and streamlining operations.
Chief Financial Officer
Stanford Health Care
Oakland, CA
12.2013 - 03.2017
CFO for 3 organizations: Affinity Medical Solutions (AMS), Affinity Medical Group (AMG), and Stanford Health Care Advantage, a Medicare Advantage health plan
Led financial launch of 2 new managed care products, Stanford Health Care Alliance, a narrow network ACO designed to provide direct provider to employer care, and Stanford Health Care Advantage, an MAPD product in Santa Clara County
Created processes for pricing, performance analysis, budgeting, forecasting, reporting, auditing and year-end reconciliation for the new managed care products
Developed a department consisting of 4 accountants to a team of 15 multi-talented staff encompassing Accounting, Financial Planning and Actuarial Services (the only Actuarial Department in Stanford Health Care)
Grew overall revenues from $66M in Fiscal Year 2014 to $90M in Fiscal Year 2016, an increase of 36% over 2 years
CFO
United Health Group
, CA
05.2010 - 10.2013
Executed financial strategy for the CA market as part of the CA Executive Leadership Team that managed the turnaround of the CA health plan
Results included a compound annual growth rate of 13% in profit margin from 2011 – 2013 and positive fully insured membership growth in 2013, a first for UHC of CA
Led the consolidation of the Finance function to a California wide function instead of a North vs South structure, which was accountable for 650,000 fully insured and 220,000 self-insured members and $3.5B in revenue
Vice President
Health Net, Inc.
01.2009 - 12.2009
Led the monthly close process, reporting, budgeting and forecasting for newly formed Government Programs Division, which consisted of all Medicare and Medicaid business enterprise wide representing approximately $5B in revenues and over 1.6 million members
Implementation Manager, Consultant at California Physicians Services - Blue Shield of CaliforniaImplementation Manager, Consultant at California Physicians Services - Blue Shield of California