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Thursday, October 21, 2004

Thomas J. Fratamico, III

Hospital Business Analyst, Fletcher Allen Health Care, Burlington, VT, May 2000 - current. Responsible for $30 million operating budget development, implementation, compliance for all Vermont renal dialysis units. Perform monthly budget variance, unit comparison analysis of financial operations. Evaluate financial statistics as indicators of cost-effective operations. Recommend, implement, monitor operational changes to attain financial targets. Reduced medical supply expense per dialysis treatment by 11%. Reduced staff hours per dialysis treatment by 5%. Develop, carry out departmental budget, financial analysis, compliance training programs for nurses. Develop accounting system to capture all kidney transplant cost to ensure full Medicare reimbursement. Automated collection, reporting of clinical data for Quality Assurance Committee. Automate charge entry process of pharmaceuticals and chemistry lab modifiers. Evaluate potential for renal expansion projects. Develop, carry out business plan for new units and other capital projects. Maintain up-to-date knowledge of Medicare and other applicable regulations.

Reimbursement Analyst, Harborside Healthcare Corp., Boston, MA, October 1998 - April 2000. Responsible for preparation, completion, analysis of Medicare, Medicaid Cost Reports for skilled nursing facilities. Disseminated documents supporting cost, challenged adjustments of Fiscal Intermediaries and State Agencies for Medicare, Medicaid Cost Report audits in eight states. Reduced Medicare and Medicaid audit liability. Performed monthly financial analysis of operations. Discovered, resolved various inconsistencies in account receivable, accounting system.

Mutual Fund Accountant, State Street Bank and Trust Company, Quincy, MA, September 1997 - October 1998. Responsible for timely, accurate net asset values for domestic, international, multi-managed, multi-class mutual funds. Calculated nightly portfolio market value of mutual funds.

Saint Michael’s College, Colchester, VT, Bachelor’s of Science, Cum Laude, Business Administration and Political Science, May 1997

Georgetown University, Washington, D.C., The Fund for American Studies, Bryce Harlow Institute on Business and Government Affairs, Summer 1996

Available upon request


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