About David
David Benn serves as the Revenue Cycle practice leader within the Healthcare Business Transformation practice. With more than 25 years of experience, Mr. Benn specializes in tackling complex revenue cycle issues for a wide range of clients, including national and local healthcare providers, academic medical centers and physician group practices. Additionally, he has partnered with private equity firms to acquire and turn around national providers, such as hospital-based physicians, ambulance companies, home care, institutional pharmacies and physical therapy companies.
Mr. Benn has a proven track record in revenue cycle management, having led numerous turnaround projects that achieved net revenue improvements of 3% to 5% and accelerated cash flow by hundreds of millions of dollars from accounts receivable. He has defined operating models for the revenue cycle of several provider clients, which has included policy setting, process improvement, key performance indicators (“KPIs”) and analytics, system strategy, vendor strategies and service-level agreements with vendors and functional areas. Mr. Benn has also led numerous engagements involving overall revenue cycle strategy, design and standardization for both regional and national healthcare systems, central business office (“CBO”) consolidations and shared services for pre-admissions services.
Mr. Benn holds a B.S. in finance from Florida State University and a M.H.A in hospital and health administration from Xavier University.
Relevant Experience:
- Evaluated outsourced and offshore revenue cycle management functions, along with vendor arrangements and performance, to improve overall performance and a reduced cost-to-collect
- Led charge capture and documentation improvement engagements, implementing tens of millions of dollars in net revenue improvements
- Provided interim management for revenue cycle leadership roles at select clients
Associations
Healthcare Financial Management Association (“HFMA”)
Education
B.S., Finance, Florida State University
M.H.A., Hospital and Health Administration, Xavier University
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Contact
T: +1 813 760 5973
david.benn@fticonsulting.com -
Office
78 Southwest 7th Street, 8th Floor
Miami, FL 33130
United States
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Expertise
Merger Integration
Mergers & Acquisitions Advisory
Restructuring / Turnaround Services
Revenue Enhancement
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Industries