Moss Adams Combines With Plano-Based Southwest Consulting Associates

Seattle-based accounting firm Moss Adams will be combining with Southwest Consulting Associates, a healthcare reimbursement services company in Plano. The combination will grow Moss Adams Health Care Consulting Practice, quadrupling the firm’s cost-reimbursement team and expanding the firm’s reach into the central United States and Midwest. SCA was founded in 1989 and has 400 clients across the United States. Moss Adams has a similar group at the firm, but had mainly focused on clients on the west coast, and didn’t have all the desired services for beginning to end for large health systems, says Chris Pritchard, the Group Leader of Mergers… Full Story

Why Medical Data is 50 Times More Valuable Than a Credit Card

As the healthcare company lurches into embracing cloud-based technology, protecting medical data has become even more essential. While banks and other financial organizations have long been data security experts, the healthcare field has been a bit slower to protect its data, which can often be more valuable than credit cards and bank account numbers. Experts say the value of a social security number is worth 10 cents on the black market, with credit cards going for 25 cents. Medical identify theft of secure medical records, which often include both of those numbers plus much more information, is even more lucrative.… Full Story

Medical Services Companies Expanding to Tennessee, Arkansas, and Georgia

U.S. Oral Surgery Management has partnered with another Georgia oral and maxillofacial surgery practice, while WeInfuse has partnered with Precision Healthcare, which runs infusion centers across Tenessee and Arkansas. South Oral & Maxillofacial Surgery, an oral and maxillofacial surgery practice with three locations in the Atlanta area, is partnering with USOSM, which provides accounting, marketing, and other support services to oral surgery practices. USOSM has partnered with 15 practices across three states: Texas, Colorado and Georgia, representing 62 oral/maxillofacial surgeons and 44 locations. “This is our second partnership in this market and we’re honored to announce that it is with South… Full Story

USOSM Adds Two New Vice Presidents

U.S. Oral Surgery Management has announced two new vice presidents in newly created positions. Steve Lin is the vice president of finance and Terri Wohlever is the vice president of compliance for the Irving-based specialty management services company. Lin will coordinate financial planning, debt financing, and budget management functions for USOSM, and was previously the vice president of finance for National Partners in Healthcare. Wohlever will lead P&L oversight, growth initiatives, M&A integration, and the creation of compliance-based culture supporting business objectives. She was previously the director of operations for national medical group Mednax Inc., where she helped lead strategic direction for the… Full Story

StratiFi Health Doubles Up URAC Accreditations

StratiFi Health is just the second health care company in the country to earn a URAC accreditation for Transitions of Care, while adding a Case Management accreditation from URAC as well. “We are honored to receive the URAC accreditations and proud of our team’s dedication,” said Christopher Crow, M.D., CEO of StratiFi Health via release. “It is a reflection of our commitment to helping communities thrive and a continuation of our dedication to being health care innovators.” URAC is an independent accreditation, certification, and measurement nonprofit that uses evidence-based measures to improve the quality of healthcare. StratiFi Health is a… Full Story

Tenet Appoints Army Surgeon General as Independent Director

Tenet Healthcare Corporation has appointed of Dr. Nadja West to its Board of Directors. West is a lieutenant general in the U.S. Army, the 44th Surgeon General of the U.S. Army and the former Commanding General of the U.S. Army Medical Command. She will join the board when she retires from the Army in October. West was previously the Joint Staff Surgeon at the Pentagon, where she advised the Chairman of the joint Chiefs of Staff and coordinated health services issues. She has been in combat deployment and healthcare leadership positions in the US and abroad, and has received the… Full Story

Irving Specialty Management Service Company Expands to Atlanta

Irving-based U.S. Oral Surgery Management has partnered with Oral and Facial Surgery Associates, an oral and maxillofacial surgery practice with three locations in the Atlanta area, USOSM’s first partnership in Georgia. “Oral and Facial Associates is one of the leading oral and maxillofacial surgery practices in the Atlanta area, a part of the U.S. that is vibrant and growing,” says Richard Hall, USOSM president and CEO via release. “This is an outstanding practice in a significant market, and we’re excited to partner with them. Atlanta is an important growth market for U.S. Oral Surgery Management, and Oral and Facial Associates will… Full Story

Conifer CEO Steps Down Amid Spin-off From Tenet

Conifer Health Solutions CEO Stephen Mooney is leaving his position as Tenet Healthcare plans for a tax-free spin-off of Conifer Health Solutions into its own public company. The new company is meant to maximize Conifer’s value after Tenet’s strategic review process analyzed it’s future.   Tenet has appointed Kyle Burtnett, Chief Operating Officer of Conifer, as the interim CEO while it conducts a national search for a permanent Conifer CEO. Burtnett has been Conifer COO since 2017, and was previously the President of Ambulatory Services and Chief Integration Officer for Tenet’s United Surgical Partners International subsidiary.  Tenet CEO Ronald Rittenmeyer said via… Full Story

How Local Veterans Are Finding Healthcare Careers

The men and women who serve in the United States armed services do more than just fight on a battlefield, and one of the largest of the system’s sectors is healthcare. From Navy Corpsman working alongside Marine Core units deployed in war zones to hospital administration staff running hospitals all over the world, healthcare careers in the armed services are as diverse as they come. But like other soldiers who find it difficult to adjust to civilian life, healthcare experienced veterans often struggle to find careers in the civilian world, even though they often have the skillsets and character traits… Full Story

Past Owners of a Healthcare Services Company are Suing Former Accountants for $14 Million

A Dallas-based healthcare diagnostic services provider filed a $14 million lawsuit against its former accounting firm for negligence, breach of fiduciary duty, negligent misrepresentation, fraud by nondisclosure, unjust enrichment and exemplary damages. The former owners of Alliance Family of Companies filed the Dallas County lawsuit against Armanino LLP. The lawsuit alleges that Armanino, then called Travis Wolff & Co., offered Justin Magnuson and Don Jacobs “fully-integrated” tax, audit, and business advisory services connected to the possible sale of the company, and the former Alliance owners pulled the trigger. During sale negotiations, the lawsuit alleges that Armanino didn’t tell the owners when… Full Story