Joe Becht, Partner of Ernst & Young’s LLp to Speak at KC’s Event on Healthcare Finance Update 2009 on 03/26/2009
New York, NY, January 07, 2009 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused webinars announced today that Joe Becht, Partner, of Ernst & Young’s Health Sciences Advisory Services will speak at the Knowledge Congress’ upcoming webinar entitled: “Healthcare Finance Update 2009: How to Cope With Bad Debt, Shrinking Charity & Reimbursement Level,and Expense Management”. This 2-hour event is scheduled on March 26th, 2009, Thursday, at 3:00 PM - 5:00 PM ET. (For further details of the event and an updated list of panelists, please visit: http://knowledgecongress.org/event_2008_healthcare.html)
Although better positioned than most industries, Healthcare is not immune to the woes which are plaguing the rest of the economy. Healthcare Finance Executives face many challenges in '09 including: bad debt, shrinking charity care, federal reimbursement shortfalls, and expense management issues. Many are hopeful that a new president and administration will make changes to help alleviate these fiscal maladies though all are preparing for the worst.
The Knowledge Congress has assembled a panel of key thought leaders and experts to help Healthcare professionals cope with all of these issues. The speakers will share their expert opinions in a two-hour Healthcare Finance webinar. The panel will present their findings, which include “Best Practices” in a two-hour Live webinar.
About Joe Becht
Mr. Becht is a Partner in Ernst & Young’s Health Sciences Advisory Services practice with over 30 years of experience. Joe serves clients nationally with an emphasis on reimbursement, capital finance, mergers and acquisitions. Joe is one of the firm’s top reimbursement professionals and serves on Ernst & Young's National Reimbursement Task Force.
Experience: Joe has extensive background in health care reimbursement and finance with hospitals, health care systems, and long-term care providers. Specific examples of his experience include: Directs numerous third-party reimbursement engagements for health care systems and hospitals, including DSH, Medicare Bad Debts, Wage Index, Medical Education, and Appeals. Testifies before the Provider Reimbursement Review Board (PRRB), Federal District Court, and at numerous Medicare and Medicaid hearings; Performs merger and acquisition analyses for health care facilities including health care systems, hospitals, nursing homes, ambulatory surgical centers, home health agencies, and physician practices.; Serves as the lead Regulatory executive on several IRO/CIA engagements for Ernst & Young health care clients.; Directs numerous financial feasibility studies for academic medical centers, acute care hospitals, nursing homes, cancer centers, and continuing care retirement centers.; Assists health care clients with developing and implementing strategic plans to respond to the changing health care environment.; Directs numerous hospital and health care system cost report reviews and optimization studies including having developed the original home office cost reporting process for clients with Hospital, Nursing Home, Home Health, Assisted Living, and Independent Living services.; Conducts numerous presentations to Boards of Directors, Medical Staff, and Management teams on reimbursement, compliance, capital finance, business planning, and managed care strategies.; Directs corporate reorganization studies for health care systems
Education: Master of Business Administration in Finance from Virginia Commonwealth University; Bachelor of Science in Business and Finance from Mount St. Mary's University; Certified Public Accountant; Certified Management Accountant; Fellow of the Healthcare Financial Management Association; Certified Managed Care Professional; Certified Manager of Patient Accounts.
About Joe Becht & Ernst & Young
Ernst & Young is a global leader in professional services with 107,000 people in 690 cities and 140 countries. This presence includes 170 locations in the Americas. Our firm has global revenues of $16.9 billion with almost half ($7.5 billion) from the Americas.
For more than 100 years, we have provided clients with financial, transactional, and risk management solutions through audit and advisory, tax, and corporate finance services. We audit many of Fortune's thousand largest U.S. corporations. We help entrepreneurial companies create business plans, attract private and public funding, and grow through IPOs, merger and acquisition transactions, and busines expansion.
Ernst & Young has the largest and most diversified group of professionals dedicated to Medicare and Medicaid regulatory services among professional services firms. We assist our health industry clients in cost report preparation, financial modeling, appeals before the PRRB, and reimbursement-related litigation.
Our Health Sciences Advisory Services (HSAS) practice works with a majority of the major health care systems and hospitals in America. Our 300 professionals include M.D.s, RNs, former hospital and system CEOs, former Directors of Reimbursement, and former employees and appointees of the Federal and many state governments. We bring a broad spectrum of advisory services and solutions to our clients every day.
For more information about Joe Becht, and Ernst & Young’s, please visit: http:// www.ey.com
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Although better positioned than most industries, Healthcare is not immune to the woes which are plaguing the rest of the economy. Healthcare Finance Executives face many challenges in '09 including: bad debt, shrinking charity care, federal reimbursement shortfalls, and expense management issues. Many are hopeful that a new president and administration will make changes to help alleviate these fiscal maladies though all are preparing for the worst.
The Knowledge Congress has assembled a panel of key thought leaders and experts to help Healthcare professionals cope with all of these issues. The speakers will share their expert opinions in a two-hour Healthcare Finance webinar. The panel will present their findings, which include “Best Practices” in a two-hour Live webinar.
About Joe Becht
Mr. Becht is a Partner in Ernst & Young’s Health Sciences Advisory Services practice with over 30 years of experience. Joe serves clients nationally with an emphasis on reimbursement, capital finance, mergers and acquisitions. Joe is one of the firm’s top reimbursement professionals and serves on Ernst & Young's National Reimbursement Task Force.
Experience: Joe has extensive background in health care reimbursement and finance with hospitals, health care systems, and long-term care providers. Specific examples of his experience include: Directs numerous third-party reimbursement engagements for health care systems and hospitals, including DSH, Medicare Bad Debts, Wage Index, Medical Education, and Appeals. Testifies before the Provider Reimbursement Review Board (PRRB), Federal District Court, and at numerous Medicare and Medicaid hearings; Performs merger and acquisition analyses for health care facilities including health care systems, hospitals, nursing homes, ambulatory surgical centers, home health agencies, and physician practices.; Serves as the lead Regulatory executive on several IRO/CIA engagements for Ernst & Young health care clients.; Directs numerous financial feasibility studies for academic medical centers, acute care hospitals, nursing homes, cancer centers, and continuing care retirement centers.; Assists health care clients with developing and implementing strategic plans to respond to the changing health care environment.; Directs numerous hospital and health care system cost report reviews and optimization studies including having developed the original home office cost reporting process for clients with Hospital, Nursing Home, Home Health, Assisted Living, and Independent Living services.; Conducts numerous presentations to Boards of Directors, Medical Staff, and Management teams on reimbursement, compliance, capital finance, business planning, and managed care strategies.; Directs corporate reorganization studies for health care systems
Education: Master of Business Administration in Finance from Virginia Commonwealth University; Bachelor of Science in Business and Finance from Mount St. Mary's University; Certified Public Accountant; Certified Management Accountant; Fellow of the Healthcare Financial Management Association; Certified Managed Care Professional; Certified Manager of Patient Accounts.
About Joe Becht & Ernst & Young
Ernst & Young is a global leader in professional services with 107,000 people in 690 cities and 140 countries. This presence includes 170 locations in the Americas. Our firm has global revenues of $16.9 billion with almost half ($7.5 billion) from the Americas.
For more than 100 years, we have provided clients with financial, transactional, and risk management solutions through audit and advisory, tax, and corporate finance services. We audit many of Fortune's thousand largest U.S. corporations. We help entrepreneurial companies create business plans, attract private and public funding, and grow through IPOs, merger and acquisition transactions, and busines expansion.
Ernst & Young has the largest and most diversified group of professionals dedicated to Medicare and Medicaid regulatory services among professional services firms. We assist our health industry clients in cost report preparation, financial modeling, appeals before the PRRB, and reimbursement-related litigation.
Our Health Sciences Advisory Services (HSAS) practice works with a majority of the major health care systems and hospitals in America. Our 300 professionals include M.D.s, RNs, former hospital and system CEOs, former Directors of Reimbursement, and former employees and appointees of the Federal and many state governments. We bring a broad spectrum of advisory services and solutions to our clients every day.
For more information about Joe Becht, and Ernst & Young’s, please visit: http:// www.ey.com
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The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
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