Robert Westergard is the chief financial officer of Ambulatory Surgical Centers of America, an ambulatory surgery center management and development company based in Hanover, Mass.
Prior to joining ASCOA, Mr. Westergard worked as the controller for Truman Capital Advisors. He has an additional eight years of finance and accounting experience in the software, chemical and healthcare industries and received his bachelor's degree in accounting from Brigham Young University in Provo, Utah.
Mr. Westergard discussed ways to improve ASC profits at the 10th Annual Orthopedic, Spine and Pain Management-Driven ASC Conference in Chicago. ASCs manage numerous financial issues, including some that may not be obvious at first glance, he said. For example, besides accounts payable, accounts receivable and banking, ASCs' coding, contracts, inventory and partners involve finances ASC leaders must manage. ASC leaders need to create daily, weekly and monthly reports to manage all these areas, he said.
Prior to joining ASCOA, Mr. Westergard worked as the controller for Truman Capital Advisors. He has an additional eight years of finance and accounting experience in the software, chemical and healthcare industries and received his bachelor's degree in accounting from Brigham Young University in Provo, Utah.
Mr. Westergard discussed ways to improve ASC profits at the 10th Annual Orthopedic, Spine and Pain Management-Driven ASC Conference in Chicago. ASCs manage numerous financial issues, including some that may not be obvious at first glance, he said. For example, besides accounts payable, accounts receivable and banking, ASCs' coding, contracts, inventory and partners involve finances ASC leaders must manage. ASC leaders need to create daily, weekly and monthly reports to manage all these areas, he said.