JERALD THOMAS FORRESTER, MBA, FACMPE

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JERALD THOMAS FORRESTER, MBA, FACMPE
2363 Sussex Lane NE
Iowa City, Iowa 52240
(W)319-248-2160
(C)850-324-2998
[email protected]
PROFESSIONAL EXPERIENCE:
May, 2012—Present
President/CEO—Steindler Orthopedic Group—Iowa City, Iowa
 Oversight and direction of 14 orthopedic surgeons, 1 Interventional Pain
Management provider, 1 Non-surgical orthopedist, 1 Podiatrist and 4 Physician
Assistants
 Implementation of new Practice Management system—GE CPS (Live on
2/5/2013)
 Implementation and startup of Exscribe Electronic Health Record (Live on
7/8/2013)
 Implementation of Strategic Marketing Plan (practice has never performed one)
 Implementation of Physical and Occupational Therapy as of 1/1/2014
 Oversight of main ancillary lines (DME, MRI, Therapy, Drug Dispensing,
Fluoroscopy)
August, 2010—May, 2012 (Gulf Coast Orthopaedic Specialists was purchased by Sacred
Heart Hospital 8/1/2010)
Director of Orthopedic Services-Sacred Heart Hospital
 Oversight and direction of all employed orthopedic surgeons within Sacred Heart
Hospital/Medical Group
 Direct oversight of the following departments
o Neurology department
o Neurosurgery department (as of 8/1/2011)
 Implementation and startup of Sacred Heart Sports Medicine Program
 Implementation of global DME program throughout Sacred Heart System
May, 2008-July, 2010—
Administrator, Gulf Coast Orthopaedic Specialists, Pensacola, Florida
 All Administrator duties in a 15 provider practice overseeing orthopedic surgery, Rheumatology,
Physiatry
 Oversight of large ancillary services including
o Magnetic Resonance Imaging
o Physical Therapy (3 therapists)
o Occupational Therapy (2 therapists)
o Digital X-Ray implementation with PACS (including DR and CR technology)
o Developed our Durable Medical Equipment program
 Delegation and supervision of 7 department supervisors over 100 employees and 3 sites
January, 2002-May, 2008 —
Administrator, Round Rock Orthopaedics and Rehab, Round Rock, Texas
 Oversee all financial and tax aspects of 9 provider Orthopedic surgery group
 Successfully recruited 4 new physicians within 5 years; 1 spine surgeon, 1 hand surgeon, 1 sports
medicine and 1 non surgical orthopedist
 Personnel manager of 35 employees
 Effectively implemented documentation policies for physician self-governance, decreasing
dictation turnaround time from 8 days to 24 hours on average.
 Implemented HIPAA program
 Implemented compliance program reducing coding and billing errors by 28%
 Negotiated and implemented 3 new managed care contracts including 1 new HMO contract.
 Planned, assisted in design and built our new facility in 2003
 Planned, assisted in design and began a new satellite office in Cedar Park, Texas for 3 physicians
in our group with x-ray and MRI.
 Successfully implemented our digital x-ray system with CR and DR capabilities
Achievements:
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Increased revenue from $3,200,000 per year to $6,000,000 per year.
Reduced overall expenses by $82,000 in 18 months
Researched, proposed and implemented our new in-house MRI, grossing over $400,000 the first
year with a margin of over 70%. Owner compensation  ~ $30,000 each.
Recruited a new physician to expand Orthopaedic Associates of Central Texas, PA into an
outlying community.
Currently implementing the practice’s Electronic Medical Record System.
Reduced total practice accounts receivable by $800,000.00 (40%) in 12 months without significant
write-offs. A/R “current” balance as a total of A/R now at 82% from 38%
Increased gross collections by 40% within 3 years total for the practice
October, 1998-December, 2001—
Administrator, Family Medical Specialties, Holdrege, Nebraska.
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Oversaw all financial and tax aspects of 12 provider, 2 location multi-specialty group
Personnel manager of 75 employees
Successfully recruited and retained 3 new physicians in my tenure; went from a 9 provider group
to a 12 provider group.
Handle all negotiations with present and future managed care contracts
Handle all coding and documentation compliance issues for all providers.
Implemented HIPAA program for the initial time in the practice
Extensive coding and billing experience dealing with high percentage of Medicare, Medicaid and
managed care plans
Reduced general operating overhead by 7% ($400,000+ expense reduction)
Reduced A/R > 120 days from 90% of total A/R to 75%; Avg Days in A/R reduced from 62 to 43
Researched and implemented Medical Manager software billing system.
Recruited 2 new physicians and 3 new PA’s while setting up a satellite office.
July 1995-October 1998 –
Administrator, Mid-Kansas Pediatric Associates, P.A.
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Oversee all financial and tax aspects of 7 provider single-specialty Pediatric practice
Personnel manager of 26 employees
New physician recruitment
Handle all negotiations with current managed care contracts
Handle all payroll and Accounts Payable functions
February 1992 to July 1995Senior Accountant, Preferred Medical Associates, Wichita, Kansas
• Oversee all financial and tax reporting aspects of 43 Family Clinics.
• Monthly reporting duties included monthly financial statements for 43 entities, depreciation schedules for
same. Supervision of 3 staff accountants.
• Any and all duties associated with expense analysis of the same 43 entities.
• Assisted and managed centralized billing, payroll and A/P functions for same 43 entities
Education:
MBA— Baker University (Michigan), March, 2006,
B.B.A. in Accounting –Wichita State University- December, 1993
Strengths:
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Highly effective operations and processes manager
Exceptional computer skills
Expense and Revenue analysis skills
Highly effective personnel manager
Proficient in Excel, Word, and various database software
Exceptional communication skills
Extensive knowledge in multiple medical management software programs, including Allscripts, Pulse Pro,
Medical Manager; PDS, Practice Partner and HBOC
Other Achievements:
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Speaker in two sessions at the 2009 MGMA National Conference in Denver, Colorado
Fellow of the American College of Medical Practice Executives (FACMPE)
President of the OPA (Orthopedic Practice Assembly—MGMA) 2007/2008
MGMA Superior Performance Practice Award 1999, 2000 and 2001 for excelling in
Clinical, Financial, Personnel and Operational performance
Breakout session speaker, BONES National Conferences:
o 2006, Phoenix, AZ on the Human Resource topic of Emotional Intelligence or EQ.
o 2005, New Orleans, LA, Implementing MRI in a smaller office setting
o 2004, Miami, FL - “MRI In The Mid-Size Office, A Financial Formula For Success”
Panel board member, BONES National Conferences:
o 2005, New Orleans, Human Resource Management in the Orthopedic Office
o 2004, Miami, FL, “Medicare Compliance for the Mid-Size Medical Office”
Member of the National Education Committee with the BONES Society
President of Kiwanis Club service organization in Holdrege, Nebraska
Hobbies:
Family time
Attending children’s sporting and school events
Playing basketball, golf, hunting, all sports
References: Available Upon Request
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