What should be on the radar for healthcare board governance and for all corporate boards?
The healthcare industry is experiencing disruption, with the expectation of much more to come. It also continues to be a highly regulated industry. How are directors of large healthcare organizations providing oversight in this uncertain and changing environment? What should all corporate boards with significant exposure to healthcare costs be thinking about?
Join us to learn from a healthcare industry leader, a policy expert, and experienced board leaders at leading healthcare organizations about these significant changes and disruptors, how their boards are dealing with them, and the implications for corporate boards.
Teresa Bigelow has served on the Swedish Health System Board of Trustees since May 2007 and as chair from 2016 to 2018. She served as president of the Washington Society of Healthcare Attorneys and of the Healthcare Financial Managers Association, Washington Chapter.
Ms. Bigelow worked as an attorney specializing in healthcare law for 25 years. She co”founded Bennett & Bigelow (now Bennett, Bigelow & Leedom), a healthcare law firm, in 1983, and served as managing partner until 1995. As a healthcare attorney, she worked in the areas of mergers and acquisitions, tax, antitrust, fraud and abuse, joint ventures, payor contracting, managed care, and Medicare and Medicaid reimbursement. She tried cases in federal and state court, including federal class actions on behalf of hospitals and hospital systems, and appeared before the Provider Reimbursement Review Board of the Centers for Medicare and Medicaid Services. Ms. Bigelow founded The Safe Crossings Foundation in 1989, served as president from 1989 to 2006, and continues to serve on the board as an emeritus member.
Carolyn Corvi is vice chair of the Virginia Mason Medical Center and Health System Board and a board member of Virginia Mason Institute. She also currently serves on the corporate boards of United Airlines, Allegheny Technologies, Inc., and Hyster-Yale Materials Handling, Inc.
Ms. Corvi retired from Boeing in 2009 after concluding a very successful 34-year career where she held numerous leadership positions in program management, manufacturing, quality assurance, propulsion, and aircraft systems, including vice president-general manager of Airplane Programs, Boeing Commercial Airplane Group, and vice president-general manager of the 737/757 airplane programs.
She is the co-founder of the Northwest Children’s Fund, former board member at Washington’s National Park Fund and the YWCA, and a trustee at the Museum of Flight. She is also member of Women Corporate Directors, NACD, and the Society of Manufacturing Engineers. In 2013 she was recognized by the NACD Northwest Chapter as the public company director of the year.
Jeffrey Roe is president and CEO of Premera Blue Cross. Since 1996, he has served in roles leading Premera’s employer and individual market segments. His leadership experience in insurance also includes the positions of co-president of Safeco Insurance and chief marketing officer for Torrent Technologies. Mr. Roe started his career in the Washington, D.C., office of U.S. Senator Slade Gorton and later consulted as a member of The Gallatin Group, a public affairs firm.
Mr. Roe serves on the boards of the National Institute for Health Care Management, Blue Cross Blue Shield Association, Washington Healthcare Forum, University of Washington Foster School of Business, the Visiting Committee of the University of Washington Economics Department, Washington Roundtable, and United Way of Snohomish County.
Larry Kocot is a principal at KPMG LLP and the national leader of KPMG’s Center for Healthcare Regulatory Insight. The center follows healthcare regulatory and policy trends driving healthcare transformation and industry convergence and the broader implications of operating in a more collaborative and integrated U.S. healthcare payment and delivery environment.
Mr. Kocot is a former senior advisor to the Administrator of the Centers for Medicaid Services at the U.S. Department of Health and Human Services. In this capacity, he was involved in a wide range of healthcare policy issues and operations related to Medicare and Medicaid.
Before his government service, Mr. Kocot was senior vice president and general counsel at the National Association of Chain Drug Stores, where he was responsible for all legal matters and represented the industry before Congress, state legislatures, and state and federal regulatory agencies.
Ed Giniat is a partner and the national sector leader of U.S. Healthcare and Life Sciences with KPMG LLP. With more than 34 years of experience working with organizations across all sectors of the healthcare industry, he serves in an audit and advisory role to clients ranging from not-for-profit, tax-exempt healthcare providers to major health plans to large, multinational, publicly held pharmaceutical companies.
Steve Huebner is the founder and CEO of Huebner Advisory, LLC, which provides financial reporting and advisory services to higher education, healthcare, and other not-for-profit organizations. Its primary focus is advising boards of directors and management in the areas of governance, financial oversight, risk management, and organizational performance with a special focus on identifying and resolving complex financial and operational issues. Mr. Huebner primarily works with boards and management teams on key areas that require critical and strategic thinking.
Prior to founding Huebner Advisory LLC in 2012, he was a partner with KPMG from 2002 to 2012 and a partner with Arthur Andersen from 1974 to 2002. In both roles, his practice areas focused on higher education, healthcare, and large, not-for-profit clients. Mr. Huebner had firm-wide and regional responsibilities for healthcare with both firms. Although primarily engaged in the audit practice, his client responsibilities over the years have included considerable advisory and consulting activities, including financings and feasibility studies, operational reviews, enterprise risk engagements, and advising on governance matters.
Mr. Huebner serves on the boards of Intermountain Healthcare in Salt Lake City and SCL Health System in Denver. He is a member of the Executive, Finance, Audit and Compliance, and Investment Committees of both systems. He has previously served on the boards of other healthcare and not-for-profit entities.