Kaulkin Media announced today that it has appointed Michael R. Klozotsky as Healthcare Analyst. He will be part of the firm's new Analyst Group - an expansion of Kaulkin Ginsberg's research and information services to cover various creditor markets within the Accounts Receivable Management Industry (ARM).
ROCKVILLE, Md. (Business Wire EON) November 27, 2007 --
Kaulkin Media announced today that it has appointed Michael R. Klozotsky
as Healthcare Analyst. He will be part of the firm's new Analyst Group -
an expansion of Kaulkin Ginsberg's research and information services to
cover various creditor markets within the Accounts Receivable Management
Industry (ARM).
Klozotsky will focus on strategic debt recovery issues for the
healthcare industry, including the bad debt concerns of hospital
creditors and the relationships they forge with service providers in the
ARM industry. He will produce original research reports, moderate live
teleseminars on timely sector-related topics, profile the healthcare
industry's major players, and host a recurring blog
on insideARM.com.
Healthcare is one of the largest and most dynamic sectors within ARM.
U.S. Healthcare spending in 2005 reached $2 billion, or 16 percent of
GDP. That number is forecasted to grow to $4 trillion by 2015, or 20
percent of GDP. Spending growth, in tandem with rising numbers of
self-pay patients, means medical bad debt is likely to increase as well.
“For-profit hospitals bad debt expense could
exceed $12 billion in 2007,” Klozotsky said. “Add
that to the ever changing regulatory environment—especially
on the state level—that surrounds healthcare
collections, and the potential impact of federal universal coverage
reform on hospitals' revenue cycle management, and the need for a
healthcare-specific focus on debt recovery became clear,”
noted Klozotsky. “I look forward to helping
position Kaulkin Media as a thought leader in the world of healthcare
receivables,” he said.
According to Mike Ginsberg, President and CEO of Kaulkin Ginsberg, “We
are committed to providing relevant and timely information to executives
and personnel who are responsible for debt recovery, including credit
grantors, service providers and vendors.”
Klozotsky's previous work at Kaulkin Ginsberg included contributions to
the publication of the 7th edition of The Kaulkin Report: The Future
of Receivables Management. Earlier this month Klozotsky published Curses
or Cures: State Regulations, Hospital Creditors, and the ARM Industry,
the first in a series of healthcare Executive
Briefs on debt recovery to be released in the coming year. Prior to
joining Kaulkin Ginsberg, Klozotsky was an instructor in the Department
of English at the University of Illinois at Urbana-Champaign, where he
also served as a Communications Specialist for the Department of
Accountancy. Klozotsky holds a Bachelors of Arts degree in English
Literature from the University of Evansville and a Master of Arts degree
in English from the University of Illinois.
In addition to Healthcare, the Analyst Group will initially cover the
core markets of consumer finance and government and municipalities.
About Kaulkin Media
Kaulkin Media is the worldwide leader in providing news and information
on debt recovery in all industries. We put the news in perspective,
provide unique insight into challenges that face the accounts receivable
management (ARM) industry, and facilitate collaboration among peer
executives. Publications include www.insideARM.com™,
www.jobsinsideARM.com, The
ARM Insider™, Bank/Credit Card News,
and other monthly e-newsletters. Kaulkin Media's analyst group conducts
sector-specific research that provides a level of authority and in-depth
analysis not found anywhere else.
Parent company Kaulkin Ginsberg (www.kaulkin.com)
is the leading strategic advisor for the ARM industry. For ARM service
providers, our value-add services focus on analysis, growth, and exit
strategies. For credit grantors, our focus is on optimizing receivables
management strategies. Kaulkin Information Systems creates secure and
affordable workflow, document, and business process management
technologies for organizations in the financial services industry.
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