Jim Braley is a managing director in the FTI Healthcare group of FTI�s Corporate Finance practice and is based in Brentwood, Tennessee. Mr. Braley serves as a project leader, directing teams that assess, advise and actively guide hospitals in improving competitiveness and viability. His expertise covers hospital operations, new service development, managed care, specialty care management, creditor relationships, board and medical staff relations, public hospital management, business plan development, Centers for Medicare and Medicaid Services/Emergency Medical Treatment and Active Labor Act regulations, physician relations, productivity management and academic health science center management. Mr. Braley has worked extensively with hospital boards, medical staffs and management teams since the 1970s at small rural hospitals as well as at large teaching institutions.
Mr. Braley�s experience includes leading a team that turned a $25 million loss to break-even in 14 months and then to a positive bottom line for a large, public, academically affiliated health system. For a two-hospital California system on a run rate of $15 million in annual losses, he decreased losses through expense reductions and revenue enhancements and provided assistance in support of the successful sale of the hospitals.
As interim chief operating officer and project leader for a three-hospital system in California, Mr. Braley helped raise EBITDA from break-even to $20.5 million. He also provided project leadership, assessment, implementation and day-to-day management services for a southwestern sole provider, taking the facility from annual losses of $40 million to a positive bottom line that continues to be sustained. Mr. Braley was the project leader for a major county system in the California Bay Area. The team was able to document $23 million in operational improvements over an 18 month period. His most recent projects are with Catholic hospitals/systems on the West Coast.
Mr. Braley joined FTI in 2005 with FTI�s acquisition of Cambio Health Solutions. He had been with Cambio since 1995. His prior experience includes serving as multi-facility manager and chief executive officer (CEO) in academic medical center, acute care and specialty hospital settings. He became a multi-hospital manager in 1983 when he was appointed group vice president with the nation�s largest manager of not-for-profit hospitals. Early in his career, he served as CEO of hospitals in Tennessee and Texas.
Mr. Braley holds a B.S. from the University of Montana and has completed postgraduate work in hospital administration at the University of Alabama in Birmingham. Mr. Braley is also a fellow in the American College of Healthcare Executives. |