Download PDF

Memberships & Affiliations -

Published Articles -

Professional Certifications -

  • Certified Publc Accountant(licensed in Texas)
  • Fellow in the Healthcare Financial Management Association (FHFMA)
  • Fellow in the American Association of Healthcare Consultants (FAAHC)

Education -

  • B.S. – General Business and Accounting (Arizona State University, Tempe, Az)

Notable Career Highlights -

  • Led in the development and implementation of operational improvement plans anticipated to result in $75 million of annual cost reductions and/or revenue enhancement across healthcare system.
  • Instrumental in the formation, organization and operation of company with annual revenue growth in excess of $110 million.
  • Spearheaded turnaround of a non-profit hospital which resulted in a $2.5 million increase in net income.
  • Successfully led the company in the acquisition of four hospitals and arranged and secured financing for these transactions.
  • Managed the pursuit of “closed bid” acquisition projects that included a 3-hospital purchase totaling $122 million, a 2-hospital acquisition totaling $85 million and a hospital lease with commitment to build new hospital with an approximate $46 million build out.
  • Guided and assisted a small rehabilitation provider into a $45 million rehab company with multiple locations.
  • Facilitated and negotiated the restructuring of hospital lease-purchase agreement to lengthen term, decrease rent payments and lessen impact to company on other restrictive covenants and provisions.
  • Arranged and helped negotiate the sale of two hospitals that involved a comprehensive physician ownership model.
  • Negotiated and secured major financing with community’s economic development commission that provided substantial working capital for operations.
  • Spearheaded and managed all financial and reimbursement activities in creation, development and operation of an inpatient geriatric psychiatric company that managed multiple hospital based units.
  • Presided over two IT system conversions that encompassed all financial and clinical applications.
  • Led and advised on taxable and tax-exempt bond financing and refundings, debt/equity offerings and material lease transactions.
  • Managed and advised on alternative organizational structures including physician joint venture arrangements.
  • Successfully negotiated an adolescent psychiatric agreement that increased annual revenues by 130%.
  • Materially participated in the recruitment of physicians and specialty services that significantly enhanced hospital revenues.
  • Originated, established and managed a public accounting/consulting firm into a reputable provider of healthcare and general business consulting services.
  • Exclusive consultant to a regional healthcare based CPA firm for all client engagements relative to charge-master review and analysis.
  • Initiated, championed and currently directing the implementation of a new overhead allocation model for healthcare system which steps down costs to facilities in a more precise and equitable manner.
  • Introduced the use of electronic based system to replace manual processes in reconciliation and reporting procedures.

Conference Presentations -

·“Taming the Board Tiger”

(Tulsa, OK)

·“The Chargemaster – Brief Overview & Discussion”

(Oklahoma City, OK)

·“Principles of Medicare Cost Reimbursement”

(Tulsa, OK)

·“Overview of the Balanced Budget Act of 2007”

(Tulsa, OK)

Awards -

  • Recipient of the Stanley A. Pressler Award for “National High Scorer” on HFMA Certification Exams
  • Awarded the William G. Follmer Bronze Award from the Healthcare Financial Management Association

Positions Held Earlier in Career -

Senior Vice President & C.F.O.   

(Founding Member / Shareholder)

       - Proprietary, multi-hospital healthcare organization

 Regional Controller 

     - Publicly traded heathcare company

Manager of Internal Audit 

    - Publicly traded heathcare company

Corporate Accountant & Financial Analyst 

      - Not-for-profit healthcare system

Executive Profile -

Highly accomplished and entrepreneurial financial executive with a dynamic leadership career involving start-up, turnaround and conventional healthcare organizations in both proprietary and non-profit settings.Known for astute strategic, business and financial skills with decisive and innovative leadership.Highly valued for interpreting and delivering corporate vision and strategy, translating objectives into actionable plans and cultivating and maintaining key relationships with senior executives, board members, community leaders, banking and investment groups and other key individuals.

Areas of Expertise -

  • Financial operations in complex settings with varying ownership structures
  • Business formation and development
  • External and internal financial reporting
  • Budgeting, planning, financial modeling and analysis
  • Medicare, Medicaid and other third party reimbursement
  • Cash management and related treasury activities
  • Short and long-term strategic planning
  • Mergers and acquisitions - due diligence, financial analysis, contract negotiation and other transactional processes
  • Relationship building with equity sponsors, venturing parties, banking partners, attorneys and other key parties
  • Debt restructures, business reorganization and bankruptcy processes
  • Complex tax planning and reporting activities
  • Compliance oversight and related activities
  • Physician recruitment and contract negotiation processes
  • Board participation and delivery of formal training to members

Professional Experience -

Vice President - Corporate Financial Officer


  2009 - Present

  - Nationally recognized and recently merged healthcare system (formerly Baylor Health Care System and Scott & White Health) with $8.3 billion in total assets, $5.8 billion in annual revenues, 34,000 employees, 43 hospitals, over 500 patient care sites, an accountable care organization, a health plan and more than 6,000 employed and/or affiliated physicians.   

 Executive Vice President & System C.F.O.

 / President - Corporate Support & Strategic Services

(Founding Member / Shareholder)


  2001 - 2009

  - Start-up proprietary, multi-hospital system with owned/managed hospitals, home health agencies, rehab centers, independent/assisted care facilities and healthcare management consulting subsidiaries.

Managing Principal    (Founding Member / Shareholder)

  MARK W. LISTON, P.C. / LISTON & COMPANY, L.C., Dallas, Texas

  1993 - 2001

  - Certified public accounting firm (and affiliated consulting company) focused on healthcare and general business consulting, strategic planning and development, transactional work and other related services.