Spectrum Health Partners, LLC
Call us at 615-844-6275
contact@spectrumhpllc.com
Site Map | Home | Contact Us
 

Kenneth Doran, B.B.A., CPA


kdoran@spectrumhpllc.com

Ken presents insights from over thirty (30+) years of experience in a variety of challenging operating and financial roles in the public accounting and healthcare sector. His experience ranges from organizational restructuring to managing organizations experiencing rapid start-up growth.  Since 2001, Ken has managed Due Diligence through Final Net Working Capital (FNWC) Settlements on over one hundred and thirty (130) healthcare transactions. In addition, he has regularly served as the Interim CEO and CFO of healthcare clients. With more than two decades of senior management experience in key financial roles in operating companies, Ken possesses the broad technical, managerial, and strategic skill sets required to quickly assess and provide pivotal guidance in any managerial situation.  Diverse exposure to different elements of healthcare, primarily in the acute care hospital and long-term care institutional pharmacy settings allows him a rapid level of understanding when assessing larger, more complex environments such as integrated delivery systems and publicly traded companies.

As the President and CEO of Spectrum Health Partners, Ken is responsible for the firm’s management, which includes sales/marketing, engagement management, accounting and information technologies.

Mergers & Acquisition Experience

  • Transactional support of due diligence, working capital settlements, unfavorable contract reviews, and purchase accounting support for one hundred and thirty (130) distinct acquisition/sale transactions with a combined market value in excess of $9.5B.
  • Successful in finalizing all purchase/sale transactions without any material adjustments to Final Net Working Capital.
  • Successful in finalizing all purchase/sale transactions without arbitration or legal proceedings related to Final Net Working Capital.
  • Have assisted clients completing purchase transaction with integration and interim management in interim CEO/CFO roles.

Restructuring and Turnaround Management

  • Financial and operational restructuring of a privately held healthcare staffing company based in Ohio generating a turnaround culminating in a $150M sale to a large public nurse staffing company.
  • Served as a financial advisor to restructuring professionals in defining turnaround strategy and operating initiatives for a large acute care teaching facility in the mid-South.

CEO/CFO & Operations Improvement 

  • Most recently served as the Interim CEO of a large Non- Profit Hospital based in Nevada. Worked diligently to complete Shared Services/Purchased Services Arrangements with the parent company.
  • Leadership of all financial functions of a private long term care institutional pharmacy, tripling net revenue in less than 3 years through internal growth and acquisitions.
  • Served as the East Coast Regional Chief Financial Officer for a large public long-term care institutional pharmacy successfully integrating seven (7) acquisitions into a single region.

Permanent and Interim CEO/CFO/COO   

  • Served as the Interim CEO of a surgical hospital that was part of a large health system. Role was expanded from 3 months to 12 months and involved a transaction of the 30% physician ownership interest.
  • General Manager and Chief Financial officer of the largest office of a national home care/home infusion company provider based in Chicago, actively managing two divisional operations and 125 FTEs.
  • Permanent CFO/COO of acute care hospitals and long-term care pharmacies. Recent experience has focused on Interim CFO roles primarily of acute care hospitals.

Selected Advisory Experience

  • Due Diligence Reviews
  • Turnaround Management
  • Crisis Management
  • Interim Management
  • Operations Management
  • Financial Forecasting
  • Cash Management          

Industry Experience

  • Healthcare
  • Pharmacy, Institutional Long Term Care Pharmacy
  • Home Health

Prior Experience

Ken began his career with the public accounting firm of Deloitte & Touche before moving to progressive managerial roles in acute care hospital and long-term care institutional pharmacy settings.

Education/Affiliations

Ken received a Bachelor’s degree in Business Administration (BBA) from the University of Cincinnati, where he was a member of the Co-Op Professional Practice Program. He is a member of his State Society of CPA’s and a member of the Healthcare Financial Management Association (HFMA).




SHP Partners

 
 

 
© Copyright 2009 Spectrum Health Partners, LLC.  All Rights Reserved.
Designed by yourwebmaster.ca