Tom Kelly has specialized industry expertise in many areas of healthcare and ownership models, such as non-profit and private for-profit. He has more than 15 years of experience in healthcare finance, accounting and operations with a deep understanding of physician organizations, leading strategic system implementations and an emphasis on creating operational efficiencies and process improvements. Mr. Kelly has built and led healthcare finance teams for organizations of varying sizes in the creation of strategic business plans, compressing the monthly close cycle, redesigning physician compensation plans, financial planning and analysis (“FP&A”) and budgeting for entities as large as $1B in annual operating revenue.
Mr. Kelly has served in finance leadership roles at an academic medical center, a national for-profit physician group and a medical system malpractice self-insurance trust. In his most recent role prior to joining FTI Consulting, he led the finance team as the Vice President of Finance for a national multi-specialty for-profit medical group with more than 1,700 providers and $1B in annual operating revenue.
At this physician group, Mr. Kelly oversaw the accounting, business intelligence, FP&A, mergers and acquisitions and supply chain functions. During his time at this organization Mr. Kelly led the successful integration of a newly acquired physician group into the organization’s existing financial reporting systems and business intelligence infrastructure. Additionally, Mr. Kelly led the development and tracking of significant cost savings initiatives for the medical group and served as the lead in pro-forma development and due diligence requests in the potential sale of specific regional markets and service lines.
Preceding this role, Mr. Kelly was the Controller and Director of Finance for a Harvard-affiliated physician group and associated community physician group which grew from $490M to $720M in annual revenue during his tenure. In addition to leading the annual budgeting process and monthly financial close activities, he contributed to system-wide initiatives. This included the redesign and deployment of a new financial reporting and budgeting system, the development of a consolidated and standardized revenue cycle data warehouse for multiple billing vendors and a payroll/human capital management (“HCM”) system conversion.
In Mr. Kelly’s last two roles, he assisted both organizations in navigating financial difficulties driven by the COVID-19 pandemic, which included securing funds related to the CARES Act for the Employee Retention Credit, tracking and attesting for Provider Relief Funds, flexing provider compensation and successfully navigating the 2021 Centers for Medicare and Medicaid Services (“CMS”) provider fee schedule and work Relative Value Unites (“RVU”) change and its impact on reimbursement and provider compensation. Mr. Kelly earned his Bachelor of Arts in Healthcare Administration from Stonehill College and received an M.B.A. in Interdisciplinary Business from Johns Hopkins University.
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Financial & Enterprise Data Analytics
Financial Management Process Improvement
Financial Planning & Analysis
Strategic Planning and Implementation