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Tammy Hobbs – Fractional CFO In 60 Seconds

Tammy is a CPA with over 35 years of accounting experience in the private industry including seven years in public accounting.
Her industry (primarily in private companies) experience includes health care diagnostic imaging, retail weight loss and landscape space.

Tammy is passionate about connecting the operations, marketing, accounting and any other internal departments of a company with the objective of
achieving the goals of the company.

She is a hands-on CFO that is proficient in cash management, revenue and expense recognition and financial statement analysis.

To find out more about Tammy’s career take a look at her LinkedIn profile.

Specialist Skills

Cash Flow Improvement

Managed cash flow utilizing 13 week forecast with actual updates

Budgeting & Forecasting

Annual budgets, update actual results and ongoing forecast for year

M&A Specialist

Acquisitions of imaging facilities, selling imaging facilities, acquire landscape companies, restructure weight loss facilities closures - all facets of M&A

Compliance

Revenue rules for medical coding for both government and commercial providers

Financial Operations

Worked with operations to increase revenue, reduce costs

Track Record Highlights

  • Mergers and acquisitions experience included selling/closing over 35 imaging facilities, acquiring/merging approximately 10 companies in both medical and landscape space. Involved in all aspects from due diligence to integration for both buyer and seller parties.
  • Revenue recognition ($75 million annually) for up to 60 medical facilities. Managed approximately 65 billing/collection staff both in office and facilities located in six states. Payment of services dependent on compliance with billing for providers government and non-government.
  • Daily cash flow management for 10 subsidiaries across 6 states with a combined negative monthly cash flow of $250,000. Incorporated a 13-week cash forecast model to keep company operational until underperforming locations could be sold.
  • Part of team to close to 86 unprofitable weight loss centers and reduced corporate staff by 15%.
  • Cost savings and expense reductions at numerous companies and industries.

Sector Experience

  • Healthcare: Diagnostic Medical Industry
  • Services: Retail Weight Loss
  • Construction: Landscape commercial
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