Scott Schwab

Experience

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  Arthur Andersen, LLP

  Oct 1998 - Mar 2000

  Management Foresight Business Analyst

  One of the great benefits to attending DePaul University is the Driehaus College of Business’s location in Chicago’s Loop. This afforded me the opportunity to work on a part-time basis during the school year and full-time during the summer at Arthur Andersen. I carefully analyzed wholesale distribution companies’ financial surveys and consulted with the organizations to resolve any discrepancies to produce monthly, quarterly and yearly benchmarking studies. Due to my tenure, I had the opportunity to train four newly hired Business Analysts during this period. This experience was formative in that I learned even when I started as a Sophomore with only 100-level accounting courses under my belt, I could still provide value to businesses. This instilled me with a sense of confidence and laid the groundwork for my consulting career. Show less

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  Public Building Management Corporation

  May 2000 - Aug 2000

  Accountant for Richard J. Daley Center

  I took over responsibility for the accounting functions for the Daley Center in the Summer of 2000 while the Building Manager was out on maternity leave. I took over management of a $15 million operating budget and assisted in planning & setting the 2001 budget. I handled all aspects of the purchasing process for the building, as well as assisting in preparation of monthly operating statements, including variance analysis. Lastly, I requested, tracked and reconciled funding for various capital projects. This position corresponded with preparations for the CPA exam which was extremely helpful in passing the exam and cementing my desire to do more than just basic accounting in the future. Show less

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  Arthur Andersen, LLP

  Sept 2001 - May 2002

  Value Solutions Consultant

  I returned to Arthur Andersen after graduating from DePaul University as a litigation consultant. Despite this stint being cut way too short by the fallout from the Enron collapse, I did gain a diverse set of experiences. I was involved in preparing a $12 million business interruption insurance claim related to September 11th, conducting a fraud investigation related misstated Accounts Payable and guiding a major insurance company through the process of terminating their Medicare contract.

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  Huron Consulting Group

  May 2002 - Jun 2003

  Financial & Economic Consulting Analyst

  I was one of the original founding members of Huron Consulting Group coming over from Arthur Andersen with twenty Partners to start this firm from scratch. I was a litigation consultant and spent most of my time conducting forensic accounting investigations and building financial impact models. My largest project was providing litigation support to a major computer equipment leasing company in defense of an $80 million lawsuit for back compensation filed by former Directors of the company’s Ventures group. I individually recreated and investigated the accounting records for debt instruments (approximately 525 deals) over a six-year period representing over $175 million in interest income. In addition, I coordinated the efforts of a four-person team to allocate around $700 million in Venture-related write-offs from a six-year period to individual deals through review of company records and/or interviews of company personnel. Show less

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  EY

  Jan 2004 - May 2020

  Health Advisory Senior Manager

  I began my career at EY as a Staff Consultant in the niche Health Sciences Advisory Services group, a boutique group remaining after the Capgemini divestiture, and worked my way up the ranks to Senior Manager as the firm evolved into a top tier consulting outfit. During that time, I expanded my base of data analytics & modelling skills to include leading large, complex initiatives focused on integration, transformation & optimization for health providers across the US. The bulk of my experience is in the revenue cycle space, with a specialty in the middle of the revenue cycle (e.g. pricing & contracting strategy, charge structure and charge capture). I have also led projects focused on supply chain, pharmacy and clinical operations. In addition, I helped design and implement process controls related to Sarbanes-Oxley, led performance audits for government entities (i.e. Yellow Book Audits) and conducted due diligence related to mergers & acquisitions. Most recently, I shifted my focus forward by championing EY’s Wellness Mural that highlights the duality of growth (need to optimize the business of today while preparing for the future), activating our Alliance with Microsoft in the Health sector to create more collaboration between our organizations and coordinating our response to the transparency and interoperability regulations soon to be enforced on providers. Show less

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  Providence

  May 2020 - Sept 2022

  Director of Revenue Management

  I had the unique timing of joining Providence just as the COVID-19 global pandemic was taking hold and changing the way virtually everything worked. I took over a team that had 'temporarily' become remote in the last two months at a large, complex healthcare organization that was still developing the tools, processes, and expectations to make such a huge transition successful. Our main purpose was estimating, analyzing, and reporting net patient service revenue each month for a population of patients that had no precedent. Despite the challenges, we were able accomplish a lot during my 2.5 year tenure at Providence. We developed an accounts receivable valuation tool able to utilize expected reimbursement (after leading an effort to clean up and maintain our hospital contracts in Epic), inclusive of hindsight analysis, to facilitate daily net revenue processing regardless of electronic health record system. I coordinated the Reimbursement department’s cloud migration of over 1,300 SQL stored procedures, tables, views, and reports. I collaborated with data scientists on incorporating artificial intelligence and machine learning into our processes. All of this occurred while we supported the organization's upgrade to Oracle's cloud ERP, transitioned from Tableau to PowerBI, implemented Epic at the legacy St. Joseph Health hospitals to Epic, and acquired four new hospitals. In between all of these major optimization initiatives,I also supported the annual audit process, coordinated the annual pricing update by managing our external vendor, provided input on the annual budget, and managed an offshore team of 20 caregivers supporting our onshore team full-time. Show less

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  Nordic Global

  Sept 2022 - Jun 2024

  Director, Performance Improvement – Advisory Services

  I had the distinct pleasure to return to consulting at Nordic to help grow the Performance Improvement practice by bringing my Big 4 advisory & large health system leadership experience and pairing it with teams of seasoned technical and operational professionals. I led multiple net revenue & electronic health record (EHR) assessments, advised a large multi-hospital system through development, testing, & monitoring of charging activities for a full-scale implementation of a new EHR, developed a standard pricing strategy & processes for a health system & then operationalized over a multi-year period, and guided pre-EHR implementation activities for a public health entity, including vendor selection and organizational structure redesign. Show less

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  Hillsboro Medical Center

  Sept 2024 - now

  Vice President of Finance (Interim)