Image of Andy Masetti

Andy Masetti

Interim Chief Financial Officer

Chief Financial Officer at Windsor Healthcare

Clark, New Jersey

Section title

Andy Masetti's Email Addresses & Phone Numbers

Andy Masetti's Work Experience

Privately held market research firm

Interim Chief Financial Officer

August 2012 to November 2012

HealthTechNet

Member

2005 to 2012

MidAtlantic Business Group on Health

Director

2004 to 2012

Andy Masetti's Education

Williams College

B.A, Mathematics, Music

1975 to 1979

Andy Masetti's Professional Skills Radar Chart

Based on our findings, Andy Masetti is ...

Driven
Strategic
Straightforward

What's on Andy Masetti's mind?

Based on our findings, Andy Masetti is ...

44% Left Brained
56% Right Brained

Andy Masetti's Estimated Salary Range

About Andy Masetti's Current Company

Privately held market research firm

Interim CFO for high growth marketing research firm evaluating strategic options.

Frequently Asked Questions about Andy Masetti

What company does Andy Masetti work for?

Andy Masetti works for Privately held market research firm


What is Andy Masetti's role at Privately held market research firm?

Andy Masetti is Interim Chief Financial Officer


What is Andy Masetti's personal email address?

Andy Masetti's personal email address is y****[email protected]


What is Andy Masetti's business email address?

Andy Masetti's business email addresses are not available


What is Andy Masetti's Phone Number?

Andy Masetti's phone (201) ***-*792


What industry does Andy Masetti work in?

Andy Masetti works in the Hospital & Health Care industry.


About Andy Masetti

📖 Summary

Interim Chief Financial Officer @ Privately held market research firm Interim CFO for high growth marketing research firm evaluating strategic options. From August 2012 to November 2012 (4 months) Member @ HealthTechNet From 2005 to 2012 (7 years) Director @ MidAtlantic Business Group on Health From 2004 to 2012 (8 years) Member @ Maryland Tech Council From 2004 to 2010 (6 years) Consultant @ ElderLife Financial LLC Assisted early stage financing company with presentations to prospective investors. From 2006 to 2006 (less than a year) Washington D.C. Metro AreaVice President and Controller, Rehabilitation Services @ Sun Healthcare Group Inc. Directed financial operations for Sun’s most profitable and high growth businesses, with revenues of $500M. Businesses included physical, occupational, speech and respiratory therapy; temporary nursing staffing; home health care; outpatient clinics; and mobile radiology. Named to VP-Finance position after five months. From May 1997 to September 1997 (5 months) Albuquerque, NMEVP & Chief Financial Officer @ Vista Healthcare Group Inc. Managed financial operations for this start-up diversified healthcare company. Performed financial studies and due diligence reviews on potential acquisitions. From October 1995 to June 1996 (9 months) Albuquerque, NMCorporate Auditor @ General Electric Company Performed book and operational audits for multiple GE domestic and international businesses. From May 1982 to July 1986 (4 years 3 months) Schenectady, NYSpecialist-Financial Management Program @ General Electric Company Specialist assignments in pension administration, inventory accounting and corporate consolidations. From June 1979 to May 1982 (3 years) Schenectady, NYChief Financial Officer @ Windsor Healthcare Norwood, New JerseyChief Financial Officer @ The PromptCare Companies Leading multi-state provider of home infusion and respiratory services. From December 2012 to April 2019 (6 years 5 months) Clark, NJChief Financial Officer, Treasurer and Acting Chief Information Officer @ REMEDI SENIOR CARE A privately held institutional pharmacy business ($130M revenues), servicing Mid-Atlantic and Midwest regions. An innovative industry leader, implementing cutting edge pharmacy dispensing solutions for long term health care facilities. Led 40 person finance team, with responsibility for accounting and treasury operations, financial planning and analysis, margin improvement, billing and reimbursement, and cash management. As Acting CIO, led 14 person software development, customer support, and network operations organization. Key accomplishments include: • Structured and implemented plan to complete development and successfully deploy internally developed Electronic Order Entry product, strategically positioning the company to retain and win new customers. Completed first integration with a customer’s Electronic Health Record product.• During the first 90 days, identified and implemented billing improvements resulting in incremental revenue increase of $400K per year. • Developed and implemented revenue enhancement and cost reduction initiatives, increasing profitability by $500K.• Implemented numerous cash flow process improvements in an environment of continued reimbursement reductions, reducing days sales outstanding in receivables (DSO) by 6 days (12%), unlocking over $ 1 million in cash.• Restructured finance organization, initiating the centralization of services, reducing costs by $250K. • Accelerated accounting close by 5 days. • Led team that identified and implemented order entry and processing improvements to reduce level of inventory losses and improve margins. • Renegotiated corporate banking agreement in conjunction with a $300M equity investment by Centerbridge Partners. • As acting CIO restructured organization, reducing annual costs $1.5M by eliminating non-strategic projects, eliminating unnecessary licenses and operating costs, and implementing staff reductions. Initiated projects to improve overall network infrastructure. From February 2010 to March 2012 (2 years 2 months) Baltimore, Maryland AreaSVP & Chief Financial Officer @ SENTIENT MEDICAL SYSTEMS Sentient Medical Systems (Sentient) is a privately held, leading provider of intra-operative monitoring services (IOM) to 200 hospitals throughout the United States, with net revenues of approximately $30 million and 15% annual growth rate. Directed accounting and treasury operations, information technology, human resources, billing and reimbursement, contract management, and risk management. Achievements include: • Created Sentient’s first full annual budget, including detailed analysis of cost structure and identifying and standardizing key metrics and process indicators.• Successfully completed the first full audit in the company’s thirteen year history.• Restructured the employee benefit and savings plan; led 401K committee.• Established improved billing and collection procedures, developed new pricing structures and successfully implemented the first price increase in over 5 years, resulting in a 36% increase in cash generation and accelerating cash conversion cycle by two weeks.• Developed and implemented the company’s first comprehensive risk management plan. Renegotiated the company’s general liability and medical malpractice insurance, resulting in a $350K premium reduction. • Directly responsible for winning back a previously lost customer, recapturing $400K to $500K of revenue. • With IT VP, strategically repositioned IT function to a shared service provider, significantly improving performance and IT/user communications. • Worked closely with private equity firm during successful acquisition. Partnered on debt financing efforts, presentations and negotiations with banks and financing institutions. Subsequently responsible for integration activities, including conversion to a single treasury and accounting system and standardizing risk management and contracting procedures.Providing consulting services during 2009. From March 2007 to March 2009 (2 years 1 month) Cockeysville, MDSVP & Chief Financial Officer @ Amisys Synertech Inc. Amisys Synertech Inc. (ASI) with revenues of $100M, is a leading provider of advanced software products, consumer directed health plan solutions and business process outsourcing services to healthcare payers, with operations in the United States and India. Company purchased during 2006. Directed the financial operations, human resources, contract administration, and facility management functions. Performed detailed financial analysis and business evaluation within first two months that was a key component of a comprehensive business restructuring that resulted in savings of $12M. Key accomplishments included:• Completion of the acquisition of ISpace, an India based software development and business process outsourcing company, strategically positioning ASI through a lower cost structure, allowing for improved customer retention. Established foreign and U.S. tax structures, and led due diligence efforts, contract negotiations, and post acquisition integration.• Initiated and successfully completed the first SAS70 full scope review, a comprehensive audit of the effectiveness of the company’s internal controls and procedures. Required by company’s key customers.• Reorganized financial and human resources areas, reducing annual costs by $1.4M. • Established the treasury and cash management function, resulting in doubling of interest income, reducing related banking costs and insurance costs ($500K annual impact). • Supported operation improvements through establishment of margin reporting, customer profitability analysis, pricing and costing models and improved timeliness of financial reports (5-10 day improvement). • Implemented self-funded health plan and restructured benefit plans, reducing costs by $1.4M. From August 2003 to October 2006 (3 years 3 months) Rockville, MDSVP & Chief Financial Officer @ Marriott Senior Living Services With revenues of $950M, a leading manager of 129 senior living communities providing independent and assisted living, special care and healthcare servicesResponsible for general accounting, financial and operations analysis, owner reporting and accounting, Medicare billing, cost reporting and compliance, budgeting and forecasting, and cash management. Provided financial leadership to management team that dramatically improved financial performance from a 1999 operating loss of $18M to 2002 operating profit of $26.6M. Key member of team that evaluated multiple strategic alternatives for business, leading to the 2003 $150M sale to Sunrise Senior Living. Key accomplishments include:• Performed detailed financial and business evaluations related to the potential spin-off of the business as a separate company. Identified new revenue growth opportunities, capital and staffing requirements, and developed separate company business structure. Worked closely with investment banking firm and attorneys to complete all required SEC filings.• Restructured finance operation through centralizing and consolidating accounting functions, reducing costs from $5.6M to $4.9M, while building a strong financial team through internal development and recruiting experienced industry professionals. • Completed the centralization of Medicare billing ($60M) from over 50 sites. • Developed and implemented effective financial controls, resulting in audit rating improvement from poor to effective. • Key member of the team responsible for successfully disposing of 25 Village Oaks assisted living facilities, completed during 2003, a $62M transaction.• Significantly improved cash management by reducing receivable balances through streamlining operations, and focused management reporting. Days Sales Outstanding (DSO) reduced from 22 to 12, improving cash flow by $25M.• Improved financial reporting, developing and implementing consistent and reliable forecasts. From September 2000 to June 2003 (2 years 10 months) Bethesda, MDVice President-Finance and Principal Accounting Officer @ Sun Healthcare Group Inc. A Fortune 500 $3B international provider of long term senior care and ancillary services, including inpatient services; rehabilitation and other therapy services; institutional pharmacy and medical supply distribution; assisted living centers; and rehabilitation hospitals. Directed multi-site finance organization of over 300 employees. Led financial operations for all domestic businesses, financial and operations analysis, corporate and general accounting functions, financial and SEC reporting, tax management and compliance, payroll and disbursements, financial systems, and specialized reimbursement operations. Responsible for maintaining relationships with public accounting firm and Audit Committee. In addition, had responsibility for monitoring financial operations and consolidating financial data for Sun’s $297M international operations.• Developed and established credit and collections functions and associated processes and procedures, including centralizing billing operations for selected businesses. Contributed to receivable reduction from 75 DSO to 54 DSO, generating $60M in cash. • Led initiative to identify, contract and successfully implement new Lawson financial software package. Created a Program Management Office to lead the installation and transition. • Reduced annual cost of finance operations by $3M through consolidating operations. • Led numerous acquisition due diligence teams, including financial analysis as well as integration planning and execution.• Successfully integrated and consolidated financial operations for two major acquisitions with combined revenues exceeding $500M.• Improved quality of financial analysis and management reporting by developing and refining key performance metrics, focusing on cash flow. • Significantly contributed to the restructure of the rehabilitation services business subsequent to the implementation of Medicare’s Prospective Pay System. Resulted in reduced costs in excess of $150M. From September 1997 to July 2000 (2 years 11 months) Albuquerque, NMChief Financial Officer @ Harte-Hanks Response Management A division of Harte-Hanks, a $625M revenue NYSE diversified communications and marketing company.Directed financial operations for fastest growing division, with 80% growth rate. Managed multi-site financial operations, including operations analysis, budgeting and forecasting, general accounting, billing and collections, and capital planning. From June 1996 to April 1997 (11 months) Austin, TXEVP & Chief Financial Officer @ Diagnostek, Inc. A NYSE $660M revenue pharmacy benefit management company with annualized net income of $18M.Led 67 employee financial and human resources organization, with responsibilities including treasury and cash management, financial planning and analysis, general accounting, billing, credit and collections, pharmaceutical rebate billing and collections, tax compliance and employee benefits and payroll administration. • Led financial due diligence team during the $500M merger of Diagnostek and Value Health, Inc. and co-led finance transition team.• Managed investor relations, including presentations to analysts, conducting results conference calls, and stockholder communications.• Initiated and led finance employee development program, focused on enhancing communication and leadership skills. From July 1994 to July 1995 (1 year 1 month) Albuquerque, NMManager-Finance, Sourcing Department @ Martin Marietta, formerly GE Aerospace Established and led multi-site financial organization for sourcing and supplier quality operations ($1.9B annual purchases) with responsibility for compliance with Federal Acquisition Regulations, sourcing systems, material cost reduction analysis and negotiation support, productivity initiatives and providing financial analysis related to the consolidation of sourcing operations. Material reduction efforts achieved $140M in savings through establishment of commodity Group Purchase Agreements and improved sub-system purchasing routines. • Provided financial support for consolidation of 13 sourcing operations into two Material Acquisition Centers, reducing costs by $15M. • Established standard metrics package and led team to increase productivity through electronic purchasing (19% to 50% of transactions).• Subsequent to 1993 sale of GE Aerospace, was key member of transition team responsible for integrating sourcing operations, focused on identifying and implementing best practices throughout the combined organizations. Led the combined sourcing financial operations. From May 1991 to July 1994 (3 years 3 months) Valley Forge, PAManager-Finance Operation @ GE Navy and Small Steam Turbine Department Led 35 employee financial operation for $300M multi-site government and commercial manufacturing operation, with responsibilities focused on the Navy propulsion and turbine/generator segment. Responsibilities included contract negotiations and administration, program and rate analysis, cost estimating, accounting, and financial and operations analysis. • Restructured finance operation to maximize focus on Navy profitability issues to drive segment from three-year loss position to profitability. • Revised spare parts pricing routines, generating an additional $1.2M margin improvement.• Improved contract cost control processes and implemented a new cost accounting system. From October 1989 to May 1991 (1 year 8 months) Fitchburg, MAConsultant-Government Compliance Programs @ General Electric Company Performed corporate ombudsman function for government compliance effort. Reported on key compliance cases and trends to the Government Corporate Compliance Review Board composed of four GE Senior Vice Presidents. • Initiated and conducted compliance presentations to over 2000 employees. • Actively assisted GE businesses in improving compliance infrastructure and education routines. From June 1988 to October 1989 (1 year 5 months) Fairfield, CTManager-Financial Analysis, Power Generation Services @ GE Power Systems Led Southern Region financial operation for $110M engineering services business. Staff of 25 employees located at multiple field locations provided financial and operational analysis, forecasts and budgets, and general accounting functions. • Instituted asset management programs, reducing average receivables by $750K and cash collection cycles by 3 days.• Developed orders profitability analysis. From August 1986 to May 1988 (1 year 10 months) Atlanta, GA


Andy Masetti’s Personal Email Address, Business Email, and Phone Number

are curated by ContactOut on this page.

10x your recruitment & sales conversations

Contact over 200M professionals
instantly by email or phone. Reveal
personal & work email addresses, as
well as phone numbers accurately with
our ContactOut Chrome extension.

In a nutshell

Andy Masetti's Personality Type

Extraversion (E), Sensing (S), Thinking (T), Perceiving (P)

Average Tenure

2 year(s), 10 month(s)

Andy Masetti's Willingness to Change Jobs

Unlikely

Likely

Open to opportunity?

There's 91% chance that Andy Masetti is seeking for new opportunities

Andy Masetti's Social Media Links

/school/wi... /company/w...
Engage candidates 10x faster

Enjoy unlimited access and discover candidates outside of LinkedIn

Trusted by 400K users from

76% of Fortune 500 companies

Microsoft Nestle PWC JP Morgan Merck Rackspace WarnerMedia Randstad Yelp Google

The most accurate data ever

CCPA Compliant
GDPA Aligned
150M Personal Emails
300M Work Emails
50M Direct Dials
200M Professional Profiles
30M Company Profiles

Hire Anyone, Anywhere
with ContactOut today

Making remote or global hires? We can help.

  • 50 contacts/month
  • Works on standard LinkedIn only
  • Work emails, personal emails, mobile numbers
* 1 user per company limit

No credit card required

Try ContactOut for Free