Director or Manager or VP
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WILLIAM F. STOUT 9440 Elmberry Lane Residence: (317) 773-9758 Fishers, Indiana 46038 e-mail: [email protected] CAREER OBJECTIVE To secure a challenging, senior/executive level position with a dynamic, growthoriented organization with responsibility for daily operations of the company; a division within the company; and/or regional responsibility for various subsidi ary operations, facilities or sites within the organization. Areas of special i nterest include business development, strategic planning, human resources, and f inancial planning/analysis. International assignments are of special interest. EDUCATION MASTER IN HEALTH ADMINISTRATION, Indiana University School of Medicine, Indianap olis, Indiana ADMINISTRATIVE RESIDENCY, St. Vincent Hospital and Medical Center, Indianapolis, Indiana BACHELOR OF ARTS, Marquette University, Milwaukee, Wisconsin PROFESSIONAL EMPLOYMENT EXPERIENCE 2006 2008: FISHERS, INDIANA: Involved on a part-time basis with a start-up venture pro viding a variety of business planning, strategy development, marketing, membersh ip, salary/benefit and financial planning services to golf club clients in the c entral Indiana area. 2001 2004: PRIVATE INVESTOR/SELF EMPLOYED 1996 - 2000: ANTEC/TEXSCAN INTERNATIONAL CORPORATION (AIC), BARBADOS, WEST INDI ES MANAGING DIRECTOR: Responsible for the management and daily operations of $70,0 00,000 international company established in 1996 which manufactured and supplied of cable television system and distribution equipment to customers worldwide. Played a major role in the preparation and negotiation of multiple transfer pric ing agreements with various subsidiaries and trading partners within AICs parent group including product manufacturing, sales/marketing, technology transfer, ra w material and component acquisition, and engineering, research and development. Authored all operating procedures (customer order acceptance, production sched uling, monthly transfer pricing reporting, etc.) necessary to effect the Barbado s low-tax strategy; opened the Barbados office in October, 1996 employing a prof essional support staff of four, liaised with all local governmental agencies for purposes of filing all required incorporation documents including articles of i ncorporation, bylaws, board appointments, responsible for management of all inte rnational banking relationships involving cash receipts generated from worldwide customer sales. 1994 - 1995: HORIZON SPECIALTY HOSPITAL - EL PASO, EL PASO, TEXAS (32 Beds) ADMINISTRATOR: Responsible for the overall operations of a medical specialty hos pital focusing on sub-acute and rehabilitation care owned by Horizon Healthcare Corporation, Albuquerque, New Mexico. Achieved a FY 95 net income result of $85 ,000 vs. budget of $19,000 via 35% growth in daily census, expansion of medical
staff by 15, and initiation of a contract respiratory therapy program to two are a SNFs generating over $20,000 per month in new revenue. Improved hospital quar terly CQI scores by 40%. 1993: (125 Beds) INTEGRATED HEALTH SERVICES at CAMBRIDGE, INDIANAPOLIS, INDIANA
EXECUTIVE DIRECTOR: Responsible for the overall operations of a 120-bed comprehe nsive care facility including a 24-bed medical specialty sub-acute/rehabilitatio n unit owned by Integrated Health Services, Inc., Hunt Valley, Maryland. Develo ped and implemented a strategy to reduce monthly operating expenditures by $40,0 00; implemented a facility-wide staffing plan resulting in monthly payroll reduc tions of $20,000 combined with a 40% reduction in monthly overtime and reduced n ursing man-hours; recruited a professional marketing staff resulting in a 50% gr owth in sub-acute patient census.
1989 - 1992:
RANDOLPH COUNTY HOSPITAL, WINCHESTER, INDIANA (89 Beds)
ADMINISTRATOR & CHIEF EXECUTIVE OFFICER: Responsible for overall hospital operat ions including strategic planning, marketing, medical staff affairs, human resou rces, financial management and new program/service development. During tenure as CEO, two (2) board certified family physicians we re recruited; all existing provider and personal services contracts were revised and re-negotiated; outdated medical staff bylaws were revised; operating losses of $400,000 in 1990 were reduced to $40,000 by year end 1991 through strategic pricing efforts, Medicare geographical reclassification, man-hour reductions, me dical records rate optimization, acquisition of a new computerized hospital info rmation system, membership in a group purchasing organization and introduction o f a partially self-insured employee medical plan and related insurance products. 1986 - 1989: THE STRATEGIC MANAGEMENT ALLIANCE, INC., ATLANTA, GEORGIA
DIVISION MANAGER, Health Alliance Division (1987-1989): Developed preferred prov ider networks for introduction of a new CHAMPUS insurance product in five (5) se lected U.S. markets. Successfully negotiated hospital provider agreements in ea ch market with potential of $500,000 per year per hospital in new inpatient busi ness; developed and negotiated physician participation agreements in 3 of 5 mark ets totaling over 400 physicians. SENIOR CONSULTANT, The Hunter Consulting Group Division (1986-1987): Responsible for executing specific strategy engagements for various hospital clients. Deve loped strategic business plans for clients that included an analysis of facility service strengths, weaknesses, competitive market position, medical staff analy sis, comparative financial/cost position, clinical program analysis with 5-year market projections and an identification of future strategic business developmen t opportunities. 1985 - 1986: NATIONAL MEDICAL ENTERPRISES, INC., ATLANTA, GEORGIA
SENIOR DEVELOPMENT MANAGER: Assisted in the acquisition and development effort o f targeted health care facilities. Authored a Certificate of Need (CON) proposa l to build a 120-bed acute care hospital and two CON proposals to develop skille d nursing facilities, all in the State of Georgia. 1979 - 1985: METHODIST HOSPITAL OF INDIANA, INC., INDIANAPOLIS, INDIANA (1,133 Beds)
CORPORATE PLANNER/CONSULTANT: Responsible for planning and development of vario us new clinical programs. Projects included development of LifeLine, one of the first rotary-winged air ambulances in the US with on-board MDs (1980); pioneere d the conceptual development of the first Sub-acute inpatient program in the US (1982/3); development of the first inpatient Cooperative Care Program in Indiana (1982); development of three (3) mobile CAT routes servicing 18 central Indiana hospitals (1982/3); and, development of the first Extracorporeal Shock Wave Lit hotripsy (ESWL) program in the U.S. (1983). Prepared over 100 CON/Section 112 pr oposals totaling over $350 MM. Developed Centers of Excellence long-range busin ess plans for major clinical program areas. 1978-1979: LLE, TN ASSISTANT ADMINISTRATOR, HOSPITAL AFFILIATES INTERNATIONAL, NASHVI
CURRENT PROFESSIONAL AFFILIATION, DIRECTORSHIPS AND MEMBERSHIPS Diplomate, American College of Healthcare Executives (1987); Re-certification: 1 994, 2003 PAST PROFESSIONAL AFFILIATIONS, DIRECTORSHIPS AND MEMBERSHIPS Director, Board of Directors, ANTEC International Corporation Director, Board of Directors, Texscan International (Barbados) Corporation Vice President and Director, S&S Property Investment Corporation, Muncie Indiana Member, Southwest Healthcare Executives Group, Executive Committee; Chairman of Bylaws and Membership Subcommittees Member, Indiana Hospital Associations "Council On Small/Rural Hospitals" Member, Winchester, Indiana, Rotary Club President, Board of Directors, Randolph County (Indiana) Heart Association Member, Barbados International Business Association
staff by 15, and initiation of a contract respiratory therapy program to two are a SNFs generating over $20,000 per month in new revenue. Improved hospital quar terly CQI scores by 40%. 1993: (125 Beds) INTEGRATED HEALTH SERVICES at CAMBRIDGE, INDIANAPOLIS, INDIANA
EXECUTIVE DIRECTOR: Responsible for the overall operations of a 120-bed comprehe nsive care facility including a 24-bed medical specialty sub-acute/rehabilitatio n unit owned by Integrated Health Services, Inc., Hunt Valley, Maryland. Develo ped and implemented a strategy to reduce monthly operating expenditures by $40,0 00; implemented a facility-wide staffing plan resulting in monthly payroll reduc tions of $20,000 combined with a 40% reduction in monthly overtime and reduced n ursing man-hours; recruited a professional marketing staff resulting in a 50% gr owth in sub-acute patient census.
1989 - 1992:
RANDOLPH COUNTY HOSPITAL, WINCHESTER, INDIANA (89 Beds)
ADMINISTRATOR & CHIEF EXECUTIVE OFFICER: Responsible for overall hospital operat ions including strategic planning, marketing, medical staff affairs, human resou rces, financial management and new program/service development. During tenure as CEO, two (2) board certified family physicians we re recruited; all existing provider and personal services contracts were revised and re-negotiated; outdated medical staff bylaws were revised; operating losses of $400,000 in 1990 were reduced to $40,000 by year end 1991 through strategic pricing efforts, Medicare geographical reclassification, man-hour reductions, me dical records rate optimization, acquisition of a new computerized hospital info rmation system, membership in a group purchasing organization and introduction o f a partially self-insured employee medical plan and related insurance products. 1986 - 1989: THE STRATEGIC MANAGEMENT ALLIANCE, INC., ATLANTA, GEORGIA
DIVISION MANAGER, Health Alliance Division (1987-1989): Developed preferred prov ider networks for introduction of a new CHAMPUS insurance product in five (5) se lected U.S. markets. Successfully negotiated hospital provider agreements in ea ch market with potential of $500,000 per year per hospital in new inpatient busi ness; developed and negotiated physician participation agreements in 3 of 5 mark ets totaling over 400 physicians. SENIOR CONSULTANT, The Hunter Consulting Group Division (1986-1987): Responsible for executing specific strategy engagements for various hospital clients. Deve loped strategic business plans for clients that included an analysis of facility service strengths, weaknesses, competitive market position, medical staff analy sis, comparative financial/cost position, clinical program analysis with 5-year market projections and an identification of future strategic business developmen t opportunities. 1985 - 1986: NATIONAL MEDICAL ENTERPRISES, INC., ATLANTA, GEORGIA
SENIOR DEVELOPMENT MANAGER: Assisted in the acquisition and development effort o f targeted health care facilities. Authored a Certificate of Need (CON) proposa l to build a 120-bed acute care hospital and two CON proposals to develop skille d nursing facilities, all in the State of Georgia. 1979 - 1985: METHODIST HOSPITAL OF INDIANA, INC., INDIANAPOLIS, INDIANA (1,133 Beds)
CORPORATE PLANNER/CONSULTANT: Responsible for planning and development of vario us new clinical programs. Projects included development of LifeLine, one of the first rotary-winged air ambulances in the US with on-board MDs (1980); pioneere d the conceptual development of the first Sub-acute inpatient program in the US (1982/3); development of the first inpatient Cooperative Care Program in Indiana (1982); development of three (3) mobile CAT routes servicing 18 central Indiana hospitals (1982/3); and, development of the first Extracorporeal Shock Wave Lit hotripsy (ESWL) program in the U.S. (1983). Prepared over 100 CON/Section 112 pr oposals totaling over $350 MM. Developed Centers of Excellence long-range busin ess plans for major clinical program areas. 1978-1979: LLE, TN ASSISTANT ADMINISTRATOR, HOSPITAL AFFILIATES INTERNATIONAL, NASHVI
CURRENT PROFESSIONAL AFFILIATION, DIRECTORSHIPS AND MEMBERSHIPS Diplomate, American College of Healthcare Executives (1987); Re-certification: 1 994, 2003 PAST PROFESSIONAL AFFILIATIONS, DIRECTORSHIPS AND MEMBERSHIPS Director, Board of Directors, ANTEC International Corporation Director, Board of Directors, Texscan International (Barbados) Corporation Vice President and Director, S&S Property Investment Corporation, Muncie Indiana Member, Southwest Healthcare Executives Group, Executive Committee; Chairman of Bylaws and Membership Subcommittees Member, Indiana Hospital Associations "Council On Small/Rural Hospitals" Member, Winchester, Indiana, Rotary Club President, Board of Directors, Randolph County (Indiana) Heart Association Member, Barbados International Business Association
