Fenton,
Michigan
Timothy M. Jodway is a CPA and manager of the group’s Hospital Revenue Cycle, with more than 30 years of health care finance and reimbursement experience. He has worked with national health care consulting firms and in a variety of roles in the finance departments of hospitals, including multiple years as a chief financial officer, identifying both present and future reimbursement and payment opportunities. He provides a range of strategic initiatives centered on the complexities of reimbursement and payment and the use of the cost report for optimizing reimbursement. Mr. Jodway offers an in-depth knowledge of accounting, budgeting, reimbursement, contract negotiation, and revenue cycle functions, including Medicare and Medicaid cost reporting, third-party reimbursement, contractual modeling, corporate compliance, strategic planning, financial analysis, budgeting, decision support, and payor reimbursement systems. Over the years, Mr. Jodway has successfully assisted several hospitals on turnaround-related activities, resulting in significant system changes and improvements. This includes work on numerous redesign initiatives for both financial and revenue cycle-related functions, resulting in improved revenue, processes, and outcomes. Additionally, Mr. Jodway has had an active role from both the buyer and seller side in hospital and health system pre-acquisition due diligence as well as work implementing changes post-acquisition. This includes having played an instrumental role in acquiring an acute-care hospital by a national for-profit health system where he worked on the identification and selection of the buyer, contract negotiations, and work through the conversion process.
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