Timothy Powell

About Timothy Powell

With 38 years of experience across public accounting, healthcare finance, and clinical research operations, I bring a deep blend of financial leadership and reimbursement expertise. I began my career in public accounting and have since prepared, reviewed, and audited thousands of Medicare cost reports; led major reimbursement strategies; and recovered millions for hospitals through Medicare bad debts, DSH, wage index, and uncompensated care engagements.As CFO of Research by Design (RBD), a growing clinical research organization conducting Phase trials, I oversee financial operations, sponsor billing, forecasting, analytics, and systems development supporting both U.S. and international sites.I also educate professionals seeking CRCR and CHFP credentials through the Florida HFMA chapter and regularly contribute to RACMonitor and ICD-10 Monitor, while speaking at HFMA events nationwide.Specialties:CFO leadership • Clinical trial finance • Cost report preparation • Revenue cycle • Medicare Advantage • Compliance • Data mining & EDI • Software/database development

Experience

1. Chief Financial Officer

   Research By Design Llc

   Dec 2023 — Present · Chicago, IL, US

   I oversee financial strategy, regulatory compliance, and growth initiatives for a healthcare analytics for research studies. RBD helps pharma companies with phase 1,2 and 3 clinical studies.Key responsibilities and achievements:Develop and execute the company’s financial and business strategy, including budgeting, forecasting, and revenue-stream diversification.Partner with external firms to expand R&D tax-credit consulting for healthcare and technology clients.Oversee compliance, contract management, and client billing for multi-state engagements.RBD’s mission is to support clinical research.

Education

• UC Santa Barbara

  BA, Business Economics

  1978 — 1982

• Keller Graduate School of Management of DeVry University

  Computer Science

  1997 — 1999