Frank Musso is a seasoned financial executive with over 30 years of experience in finance, accounting and management consulting. Frank has expertise in the analysis and preparation of financial statements, audits, tax returns, acquisition reviews and business plans, as well as in providing litigation support, (including special committee investigations of earning management and purchase price arbitrations) and bankruptcy planning (including financial assessments and liquidation analyses).
Prior to joining Focus, Frank worked as a financial advisor for several major New York area banks, where he monitored companies under forbearance agreements. In this capacity, Frank led a $6BN, food co-op in acquiring its largest member out of bankruptcy. Frank has also performed numerous financial assessments and liquidation analyses on behalf of financial institutions for companies with impaired balance sheets.
Some of Frank's healthcare assignments include:
Frank was retained by a regional bank to monitor a $70MM medical diagnostic services company during its refinancing. He performed detailed analysis of revenue by procedure to correct the company's understanding of profits by center and identified a significant amount of lost revenue due to deficiencies in the patient appointment reconciliation processes.
Frank conducted a due diligence acquisition review for $100MM, publicly-held health care company looking to acquire a provider of home care equipment.
As an independent auditor for a $7MM optometric clinic, Frank developed a cost report used to set Medicaid reimbursement rates.
Frank has assisted diverse companies to prepare financial statements, IPO's and other SEC filings. He has also worked on several high profile bankruptcies cases as a financial advisor and expert witness, including a food service business, hardware store, supermarket chain, and an automobile dealership amongst others.
Frank received his degrees in Accounting and Public Administration from Georgetown University and is a Certified Public Accountant and a Certified Fraud Examiner. He is an active member of the American Institute of Certified Public Accountants (AICPA), the Turnaround Management Association (TMA) and the Association of Certified Fraud Examiners (ACFE).
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