William Franz
Healthcare Finance Executive | Driving Fiscal Sustainability & Operational Excellence | Strategic Growth & Revenue Optimization | Risk Mitigation & Compliance
- Role
- President at Thrive
- Location
- Salem, NY, US
- LinkedIn followers
- 500 followers
Experience
President
Oct 2020 — Present · Saratoga, FL, US
Healthcare finance is much more than managing budgets, it’s about creating sustainability, driving operational efficiency, and ensuring organizations can continue providing high-quality care. As the Founder of Thrive, I partner with multi-hospital health systems, physician groups, and Federally Qualified Health Centers (FQHCs) to develop financial strategies that balance fiscal responsibility with mission-driven care.• Led financial turnaround efforts for a struggling health center, developing a sustainability plan that transformed it from financial insolvency to a path of stability and growth.• Conducted a comprehensive revenue cycle assessment for a Florida health center, increasing their performance ranking from the lowest to the highest in the state on Athena EMR within three months.• Developed a financial roadmap for a healthcare community in Texas, launching a non-profit, securing funding, and building a primary care operation from the ground up.• Spearheaded strategic partnerships between FQHCs, hospital systems, and government agencies, enhancing healthcare access and financial sustainability.• Designed and executed financial impact assessments to ensure equitable, patient-centered reimbursement models for healthcare entities.• Provided advisory support on payer contract negotiations, helping organizations secure favorable reimbursement terms.• Implemented process improvements to optimize revenue cycle management, reducing inefficiencies and boosting collections.• Created and presented demographic analyses to guide strategic resource deployment for underserved communities.• Collaborated with C-suite executives and board members to align financial strategies with long-term operational goals.• Developed strategic alliances with consulting firms and healthcare leaders to implement large-scale financial initiatives.
Skills
- Forecasting
- Financial Reporting
- Management
- Program Development
- Team Building
- Management Consulting
- Contract Negotiation
- Start-Ups
- Sales
- Nonprofit Consulting
- Executive Management
- Business Planning
- Strategy
- Administration
- Healthcare
- Business Development
- Public Speaking
- Insurance
- Nonprofit Leadership
- Microsoft Excel
- Financial Analysis
- Small Business
- Asset Management
- Fundraising
- Marketing Strategy
- Risk Management
- Analysis
- Clinical Research
- Grants
- Investments
- Marketing
- Nonprofits
- Negotiation
- Board Development
- Strategic Planning
- Project Planning
- Leadership Development
- Process Improvement
- Non-Profits
- Accounting
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