Fractional CFO Services for Medical Practices & Healthcare Businesses
Strategic financial leadership to accelerate collections, strengthen compliance discipline, and improve provider value across modern healthcare operations.
Bennett Financials partners with practice owners and leadership teams to connect operational realities—RCM performance, payor mix, provider productivity, and regulatory constraints—to clear financial decision-making that supports sustainable growth.
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Building Your Roadmap
Financial Strategy Built for RCM, Payor Mix, and Healthcare Compliance
Healthcare cash flow is often constrained not by demand, but by revenue cycle friction: denials, slow follow-up, coding variance, and unclear ownership of performance across scheduling, documentation, billing, and collections. When that system drifts, Days in AR rise, net collections drop, and leadership loses confidence in forecasts and hiring decisions.
We help healthcare organizations build a CFO-grade financial operating model that connects claims velocity, service line profitability, and provider economics to leadership priorities—while maintaining strong discipline around the financial controls that support regulatory readiness. The result is clearer performance accountability and a more stable financial engine.
Where Practices Lose Money (and How We Restore Control)
Most healthcare financial leakage is hidden in the gap between clinical activity and collected revenue. Practices may be delivering high volumes of care while suffering from avoidable denials, documentation breakdowns, under-coding risk, inefficient patient responsibility collection, or misaligned incentives across providers and operations.
We help leadership identify the highest-impact constraints inside the revenue cycle and build an operating rhythm around the metrics that matter: Days in AR, denial rates, net collection rate, cost-to-collect, and service line contribution. With visibility and accountability in place, the practice can improve cash predictability, make smarter staffing and expansion decisions, and reduce operational risk.
How We Support Healthcare Leadership
We act as a strategic finance partner for practice owners and executive teams, helping translate RCM and operational data into financial actions that improve cash flow, profitability, and organizational stability.
Revenue Cycle Performance & Claims Velocity
We evaluate RCM performance end-to-end—charge capture, coding workflow, denials, follow-up cadence, and collections timing—so leadership can focus on the specific points that increase net collections and reduce Days in AR.
Service Line & Provider Profitability
We clarify profitability by service line and provider so leadership understands what drives contribution, where capacity is best deployed, and which services require operational or pricing attention.
Provider Compensation & Incentive Alignment
We support compensation design using objective performance measures (productivity, collections, quality indicators where relevant), helping leadership align incentives with practice economics and retention priorities.
Regulatory Readiness & Financial Controls
We strengthen the financial protocols that support audit readiness and compliance discipline—ensuring reporting and documentation are organized, consistent, and defensible from an operational finance perspective.
A CFO Framework Focused on Predictable Cash Flow and Provider Value
Our work strengthens the financial engine behind the practice—so growth is supported by cash predictability, operational discipline, and leadership confidence.
Core Areas of Impact
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RCM performance visibility (DAR, denials, net collections, cost-to-collect)
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Cash flow stability and forecasting tied to real collections behavior
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Service line and provider contribution clarity
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Payor mix and contract impact understanding
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Compensation alignment to support retention and profitability
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Financial controls that support regulatory readiness
Outcome-Oriented Perspective
When revenue cycle performance is visible and managed intentionally, clinical activity converts into predictable cash. That stability enables confident decisions—hiring, equipment investment, adding services, or expanding locations—while reducing the risk created by operational blind spots.
“With Arron's leadership, we grew from zero to $300K MRR. His skills in finance and strategy have been invaluable. Aaron is more than a fractional CFO; he’s a dedicated partner who safeguards our brand and supports our growth.”
Taylor Hersom
Eden Data, Chairman
Frequently Asked Questions
A Fractional CFO provides strategic financial leadership that connects practice operations to financial outcomes. For healthcare, this commonly includes revenue cycle performance oversight, profitability by service line/provider, cash flow forecasting based on collections behavior, and executive decision support for growth and stability.
How is a Fractional CFO different from a billing manager or RCM team?
A billing manager or RCM team focuses on day-to-day claims execution. A Fractional CFO focuses on performance management and financial leadership—tracking the metrics that matter (DAR, denials, net collection rate, cost-to-collect), clarifying accountability, and guiding operational decisions based on the financial impact.
What are the most important RCM metrics for practice cash flow?
The most important metrics typically include Days in Accounts Receivable (DAR), denial rate, net collection rate, aging by payor, and cost-to-collect. These measures indicate how efficiently the practice converts clinical activity into collected revenue.
Can a Fractional CFO help reduce Days in AR?
Yes. Reducing Days in AR generally requires identifying where claims get stuck (front-end data capture, documentation, coding workflow, denial follow-up, payor-specific issues) and improving accountability and cadence. A CFO supports this by building the measurement system and decision framework to drive consistent improvement.
How do you analyze profitability by provider or service line?
Profitability analysis connects collections and reimbursement to the cost of delivery—provider time/compensation models, staffing support, supplies, and overhead drivers. This helps leadership understand which services are creating contribution margin and where operational changes are needed.
How can a Fractional CFO support provider compensation decisions?
A Fractional CFO helps leadership evaluate compensation through objective performance measures—commonly productivity and collections, and sometimes quality or operational indicators depending on the model. The goal is to align incentives with practice economics and retention priorities while maintaining clear internal documentation.
When should a healthcare practice consider hiring a Fractional CFO?
Practices typically consider a Fractional CFO when growth increases complexity—multi-provider operations, rising Days in AR, inconsistent collections, unclear profitability by service line, planned expansion, or leadership needing more confidence in financial decisions tied to staffing and investment.
Case Studies
“He’s more than just a CFO—he brings creative ideas, deep experience, and valuable insights from different industries that have transformed our business.”
Daniel Passarelli
Co-Founder, RHFL
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