INSIDE THIS ISSUE President’s Message

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Dear HFMA Colleague,

“If your actions inspire others to dream more,

learn more, do more and become more, you

are a leader.” – John Quincy Adams

I am very excited to begin my term as

President of the Northeastern New York

HFMA Chapter. First, I would like to thank

our immediate Past President, Rabin

Kayastha, for his continued service, dedication and many

contributions to the Chapter during the last several years.

Thanks Rabin! I would also like to thank all of the Chapter’s

Officers, Board and Committee members for their past and

current efforts to make our Chapter successful.

I have seen tremendous growth in our chapter leadership team

over the last few years. I am pleased to announce that we won

the "C. Henry Hottum" Award for Educational Performance

improvement for the 5th straight year. In addition, we were able

to achieve a silver award for membership growth, and received

3 “Helen M. Yerger” Awards for multi-chapter collaboration.

These awards are a reflection of the hard work and commitment

of the chapter volunteers. This coming year will be both

exciting and challenging, and I am confident that our team will

HFMA's Vision Is "To Be An

Indispensable Professional

Resource For Healthcare

Financial Managers."

1

Educational Events 3

New Members 4

Feature Article:

A New Paradigm for

Technology

6

Article:

Financial Feasibility

Studies: Five Best

Practices for Hospi-

tals

10

Save the Date: Day at

the Races

14

Certification Corner 14

Member Spotlight 16

2014 Golf Tourna-

ment Results

17

Mini LTC & Golf

Tournament Pictures

18

Northeast Chapter

Leaders

21

“Vital Signs of Northeastern New

York” is the official newsletter of

the Northeastern New York Chap-ter of the Healthcare Financial

Management Association.

EDITORIAL POLICY

Submission of material for publica-

tion is strongly encouraged. Arti-

cles should be typewritten. The

editor reserves the right to edit

material and accept or reject contri-

butions whether solicited or not. All

correspondence is assumed to be a

release for publication unless other-

wise indicated. Send all corre-

spondence, or materials for publica-

tion, to:

Diane Seeley

Saratoga Hospital 211 Church St

Saratoga Springs, NY 12866

FAX: 518-584-4108 Email: dseeley@saratogacare.org

Opinions expressed in articles or features are those of the author and

do not necessarily reflect the views

of the Healthcare Financial Man-agement Association, Northeastern

New York Chapter or the editor.

work together to accomplish

all of our goals.

The new chairman’s theme

for this year is “Leading the

Change”. Kari Cornicelli

believes that as healthcare

professionals, we all need to

lead the change within our

organizations and to teach

future finance leaders to do

the same. If we stay

committed to making a

difference, we can and will

accomplish remarkable

things.

The only way our chapter will

be able to continue to

improve our service to you is

to get more volunteers. It

doesn’t have to be a huge

commitment and we can

tailor various roles and

responsibilities to your

unique skills and expertise to

make volunteering with our

chapter worthwhile and

rewarding for you. I can say

from personal experience that

you will get a lot more back

than you put into it.

I promise to dedicate myself

to the NENY chapter and

look forward to working with

all of you. I welcome all of

your suggestions, thoughts,

questions and concerns.

Together, let us lead this

chapter through the coming

year.

Respectfully,

Tige Monacelli TMonacelli@glensfallshosp.org

Phone:

(518) 926-5010

Tige is Senior Director of

Finance at Glens Falls

Hospital, Glens Falls, NY

Recruit a HFMA

Member Today!

HFMA helps finance

leaders create and main-

tain fiscally sound

healthcare organizations

in order to provide excel-

lent patient care.

Benefits of membership!

2

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Union College

Adapting to the Affordable Care Act with Proven Financial Planning Techniques DATE & TIME:

Wednesday, Sept. 17 — 3:00-4:30

p.m., EST

SPEAKERS:

Aaron Stewart, Director of

Corporate Finance, LHP Hospital

Group

David Janotha, VP, Healthcare

Industry, Axiom EPM

SUMMARY:

Given today's dynamic healthcare

market, provider organizations'

planning processes must provide a

management framework founded

on evaluating alternative views of

the future, supporting cost-

containment initiatives, and

providing meaningful reporting

and analysis to impact decision-

making.

This webinar describes the proven

best practices Texas-based LHP

Hospital Group leveraged to

optimize its planning process in

this new landscape, including:

Adopting a driver-based model

Efficiently managing rolling

forecasts

Embracing "what-if" scenario

modeling.

Attendees will also hear how LHP

Hospital Group evolved its

financial planning process from

being labor intensive and

inefficient, to a streamlined model

that saves time, enables value-

added reporting, and ultimately

supports operational and strategic

decision-making to adapt to the

Affordable Care Act.

AFTER THIS WEBINAR

YOU'LL BE ABLE TO:

Describe how these

advancements have allowed

LHP Hospital Group to align

strategic planning, multi-year

forecasts and departmental

budgets, ensuring proper

resource allocation and

planning, all in a single system

3

Please remember to

support our generous

sponsors:

DIAMOND

WieserMazars, LLP

HFMA NAT’L WEBINARS

for their entire company.

Articulate the benefits of and approaches to

scenario "what-if" modeling for healthcare

organizations.

Apply some of the same approaches that

LHP hospitals use to support decision

making to adapt to the Affordable Care

Act.

RECOMMENDED FOR:

CFOs, finance executives and directors,

financial analysts, accounting directors, and

decision-support staff responsible for financial

and operational performance at healthcare

provider organizations.

CPEs: 1.5

PRICING:

HFMA members: Free

Non-members: $99

Click Here to Register

Innovations in Cost Accounting Drive Value-Based Healthcare DATE & TIME:

Thursday, Aug. 28 — 3:00-4:00 EST

SPEAKER:

Roger D. Bullerdick, Outcomes Executive,

Allscripts

SUMMARY:

4

NEW MEMBERS APRIL-JUNE

Please Welcome!

New Members:

Jason Zawodzinski

Ann Marie Hatch

Edina Vukic

Carl Ramirez

Christina Martin

Johana Presti

Pamela Hassett

Kaitlynn Ellis

Gerald Silberstein

Reinstated:

Charles Glanville

Kelly Price

Christopher Berry

Di Xu

Danielle Drayer

Jeannine McCor-

mack

Transfer In:

Vicki Cole

If you are interested

in becoming a mem-

ber or want to re-

new your member-

ship, please contact

Laura Pasco at

lpasco@fcc-

cpa.com or Rose

Eck at

reck@saratogacare.

org

Sponsor Highlight!

With the shift toward value-based care, comes

a greater need for advanced costing

methodologies that provide a more accurate

and comprehensive view of costs associated

with delivering healthcare services.

This webinar compares and contrasts various

costing methodologies and how to better

support bundled payment and risk-based

contract negotiations by marrying rich costing

data with clinical information.

AFTER THIS WEBINAR YOU'LL BE

ABLE TO:

Articulate the relative merits of various

healthcare cost accounting methodologies.

Recite the importance of developing

comprehensive and accurate costs to

support bundled payment and risk-based

contract negotiations.

Explain the value equation in the context of

cost and quality.

RECOMMENDED FOR:

CEOs, CFOs, VPs Finance, directors of

decision support, financial analysts, cost

accountants, and reimbursement specialists

CPEs: 1.0

PRICING

HFMA members: Free

Non-members: $99

Click Here to Register

Point of Service Cash Collection Date: August 25, 2014 Time: 8:00am-11:00am Location: The Edison Club, Rexford, NY Speakers: Stephen LeMay, TransUnion Healthcare Ryan Wheeler, GM and President, Patient Pay Division, Cardon Outreach Topics covered: “How Would You Like to Pay for That?”-Stephen LeMay Balance the requirements and demand for

price transparency with the need to collect

5

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LOCAL EDUCATIONAL EVENTS

more money from patients at the point of service Leverage the additional data we can access

on not only the patient’s financial responsibility, but also their financial background, ability, and likelihood to pay their bill

“Point of Service Cash Collections in the Post-ACA Environment”-Ryan Wheeler This talk will provide a cursory overview

of the latest patient access technologies including eligibility, presumptive charity, patient liability estimate creation as part of the analytical underpinnings of a successful Point of Service Cash Collection Program.

Pricing: HFMA Members -$45 Non-Members -$75 Student Members -Free CPE Credits: 3.0 Hours To register for this event please contact Laura Bens at lbens@saratogacare.org .

A New Paradigm for Technology

By: Michael Gsellmeier

As health care organizations pursue the Triple

Aim vision, they need to explore every facet of

their care delivery systems. Reliance on

technology, the vehicle for reform, requires

6

FEATURE ARTICLE

SAVE THE DATE

ANNUAL

HFMA Region 2

Fall Institute

Turning Stone Resort & Casino, Verona, NY

SAVE THE DATE: October 22nd-24th,

2014

This event is open to all HFMA Members and

Non-Members. More details to come….

organizations to take a fresh look at how they

view technology assets. This paper briefly

explores a new paradigm for technology

acquisition and lifecycle management that

aligns with improving patient care, reducing

health delivery costs, and improving population

health.

An old strategy in a new environment

Historically, most health care organizations

viewed technology like an emerging nuisance–

with reluctant providers preferring pen and

paper. Technology equipment was not

regarded with the same esteem as equipment

used to deliver direct patient care, nor could a

direct line be drawn to the bottom line.

Therefore, in many health care organizations,

an efficient and cost-effective strategy was

never developed to acquire and manage the

lifecycle of technology, resulting in costly

maintenance and repairs over time.

What has changed?

HITECH and the PPACA have created an

environment where technology is critical in

improving patient care, enhancing the patient

experience, and reducing health delivery costs.

Electronic Health Records (EHR) utilization

incentives and penalties are directly tied to an

organization’s financial performance. New

regulations and new technology require new

strategies. While holding on to outdated

technology may have been an option in the

past, employing this strategy today will hinder

performance, competitiveness and the bottom

line.

What makes this so different?

2014 is a pivotal year in health care:

Decreases in reimbursements

Technology incentives drying-up

Introduction of insurance exchanges

Unpredictable government regulations (ex:

7

ICD-10)

These changes are decreasing cash flow, aging

accounts receivables, and challenging even the

largest and strongest institutions. This is the

new normal; health care organizations are

trying to become comfortable with being

uncomfortable.

It is time to rethink the paradigm

A strategic commitment to keeping technology

current is essential for health care organizations

to achieve the Triple Aim, remain competitive

and, ultimately, to survive. Embracing a

routine refresh cycle utilizing lease financing

enables you to:

Lower acquisition costs: low, fixed

payments made over the lease term will

cost less than purchasing the equipment

outright .

Reduce indirect costs: technology is a

rapidly changing commodity with a

short useful life; aligning term with

useful life and maintenance coverage

will significantly reduce support and

out-of-warranty maintenance costs.

Stay current and flexible: as technology

changes, health care organizations can

easily refresh equipment to keep pace

with innovations in technology.

Leasing is not a decision based on whether or

not you use your cash. It is a strategic financing

method organizations use to manage the life

cycle of their equipment.

8

Sponsor Highlight!

Untapped Savings

Unlike traditional for-profit businesses, non-

profit hospitals do not experience the tax

savings created by the depreciation of assets (a

tax-shield). Leasing is the only tool that will

allow hospitals to experience savings from the

tax-shield. In a true lease, the leasing

organization is able to depreciate the

equipment, resulting in tax savings that will

pass through to the health care organization.

Conclusion

Budgeting for technology in this era involves a

new paradigm for how we acquire and

maintain equipment. The solution to

technology management challenges facing

health care today starts with rethinking the way

we view technology and its increasing

importance in our pursuit of the Triple Aim.

Organizations must make a strategic

commitment to technology and create an

environment that is able to adapt to change.

Works Cited

1Timothy Morey and Roopa Nambiar, “Using

total cost of ownership to determine optimal

PC refresh lifecycles,” Intel, pp. 3-9, May

2009. Available at: http://www.intel.com/

content/www/us/en/pc-upgrades/pc-upgrade-

industry-study-using-total-cost-of-ownership-to

-determine-optimal-pc-refresh-lifecycles-

paper.html. [Accessed February 10, 2012].

Michael Gsellmeier is VP of

sales at First American

Healthcare Finance.

Gsellmeier offers customized

equipment finance solutions

for Northeast clients in the

health care industry.

9

Sponsor Highlight!

Financial Feasibility Studies: Five Best Practices for Hospitals

2014 began with many positive indications for

capital projects in the hospital sector.

In particular, the Affordable Care Act (ACA)

continues to power through obstacles, and

partially as a result, many community hospitals

are once again pursuing modernization and

growth initiatives. In particular, the U.S.

Department of Agriculture (USDA) has funded

numerous $25 million-plus critical access

hospital projects over the past several years.

With renewed interest in facility construction,

expansion or renovation, providers should keep

in mind that the fundamentals of developing

successful projects have not changed. Even

before architectural designs are created,

organizations need to assess their market

opportunities, develop prudent business plans

and monitor execution. The building block for

this entire process is a financial feasibility

study.

Forecast, Compiled or Examined?

The basic purpose of a financial feasibility

study is to determine if a project will be viable

for an organization or business. Finding the

best answer will depend on commissioning the

appropriate level of analysis for the project.

The three types of financial feasibility studies,

from lowest to highest complexity, are forecast,

compilation and examination. A financial

forecast may only include a basic cash flow

analysis and can be completed by a consultant

or management company. Higher levels, such

as a compiled or examined report, will include

more detailed reviews of operations and market

demographics and are completed by certified

public accountants. Keep in mind that the

higher degree of analysis, the more costly the

study.

Additionally, the type of financial feasibility

study may be determined by the preferred debt

financing structure. For example, HUD’s

hospital mortgage insurance program generally

relies on examined analysis. Also, tax-exempt

bond interest rates may be lowered if a

compiled or examined assessment is included

with the bond offering documents. For

borrowers and their investment bank, a higher

level feasibility study can be cost effective.

Regardless of the level of analysis, a financial

feasibility study should act as a business plan

and provide clarity and purpose. By pulling the

pieces of the project puzzle together, it should

allow the steps that follow—financing

applications and architecture work—to be

undertaken with less wasted investment in

unfeasible or unwarranted projects.

10

ARTICLE

The Pitfall of Delay

The most common pitfall with financial

feasibility studies is simply not having your

financial advisor or lender involved in the early

stages of planning. Unfortunately, it is not

unusual to see a capital project that has been

through the planning, design or project

approval phases that has had either no analysis

or the appropriate level of analysis completed

on the financial feasibility of the project.

As a result, unreasonable expectations may be

set with stakeholders, such as patients,

families, board members, employees and even

the community. Whether promising that major

organizational changes can be avoided,

underestimating the necessary amount of

capital or projecting unrealistic timelines, a

financial feasibility study should help an

organization or business avoid these mistakes

that can lead to losing hard-earned support.

Even if support for a project is particularly

strong, a late start on a financial feasibility

study often leads to rework of the design,

delays in construction and organization issues.

While better late than never, all of the delays

associated with a tardy study inevitably add

project costs and lead to missed market

opportunities.

Best Practices

A hospital is approached by a community task

force requesting a new outpatient clinic on the

opposite side of town. (This is just one of the

common projects under consideration around

the nation.) As discussed, providers will ideally

begin a financial feasibility study to carefully

assess risk and opportunity. The following are

five best practices for organizations and

businesses to pursue:

1. Conduct a Debt Capacity Study.

The first step, before commencing with a

financial feasibility study, is to conduct a debt

capacity analysis for the organization or

business. Much more limited in scope than a

full financial feasibility study, a debt capacity

analysis will pinpoint financial benchmarks

necessary for an organization’s success.

Will an organization’s or company’s balance

sheet provide sufficient liquidity—cash and

investment reserves? New projects often

require significant working capital, whether to

fund initial training or to fund operations

during lease-up. These project funding needs

generally can’t be borrowed and ample

alternative sources must be available. A debt

capacity analysis won’t answer all the

necessary project questions, but will help

establish a framework for more detailed

analysis.

2. Identify Key Service Lines.

While a project often represents new

11

opportunities, it is just as important to identify

those service lines that an organization may

need to discontinue. Service line goals are

critical because whether adding or subtracting,

the result will be organizational change. The

question for providers is if patients and their

families, staff and the community are prepared

for the necessary adjustments.

For example, many community hospitals

would like to expand their offerings of surgery

and orthopedic services. But are staff members

prepared for the necessary training and outside

assistance to make the goal achievable?

Furthermore, is a community prepared to make

a necessary trade-off, such as divesting a costly

nursing home to provide the cash flow

necessary for an emergency room

modernization?

Projects are exciting, but managing change can

be complicated and time consuming due to the

sheer number of people and processes that may

be affected. Smart providers recognize this

early in the financial feasibility process and

make the necessary accommodations in the

change management process.

3. Establish a Coordinated Timeline.

With project parameters and goals determined,

an organization should have its financial

feasibility advisor, project manager and lender

at the table to help outline the time frames and

deadline dates for different steps in the project.

The project timeline will involve a number of

parallel project tasks, some of which are

completely independent and some of which

may not begin until a previous task is

complete.

Often with new construction, for example, a

first step is to identify how long it will take to

secure the necessary land. Once that is done,

the length of the architectural and construction

contract process must be determined, ideally

with reasonable expectations for design

iterations and, as necessary, value engineering.

Overlaying the whole project is securing

funding, the timing of which will be

determined by the desired financing structure.

To avoid delays and additional expense, a

financial feasibility study should be pursued in

conjunction with the overall project timeline.

[Suggested read: “Managing Costs: The 411 on

Organization Your Construction Project.”]

4. Build Realistic Revenue Projections.

Successful projects are built around a careful

examination of the demographics and

utilization information that will support the

financial feasibility study’s revenue

projections. With limited budgets, it’s

important that providers concentrate on

projects with the greatest revenue potential.

Hospital organizations are facing more moving

targets than ever. With the changing health

care industry, including more insured people,

12

how will overall utilization change and what

will be the desired services? How will the shift

in payor mix to more Medicaid eligible and

less private pay affect net revenue? With

continued medical advancement, will the

inpatient and outpatient mix change length of

stay? A financial feasibility study may not be a

crystal ball, but it should offer careful analysis

of these and many more questions.

5. Recognize Staff as a Key Expense.

Lastly, a provider’s primary expense and

resource is its staff. Hospitals often plan to

hold to their full-time employee (FTE) level,

noting that the project efficiencies will allow

them to achieve the desired result; however,

they fail to consider that the number of FTEs

tend to increase because existing service lines

do not immediately change. Successful

organizations understand staffing benchmarks

and have adjusted them appropriately for

project and operational impacts.

Hospitals continue to utilize technology and

medical advances to shift services towards an

outpatient model. Forward-looking providers

will continue to be presented with opportunities

to grow. A financial feasibility study is not

only crucial to the decision-making process,

but will help organizations maximize the

success of their projects.

Bill Wilson

bwilson@lancasterpollard.com

Bill is a senior vice president and

regional manager of the Central

States for Lancaster Pollard. He is the lead

health care banker for clients in Kansas,

Oklahoma and North and South Dakota. His

accomplishments have included closing

Lancaster Pollard’s first FHA Sec. 242-insured

hospital loan as well as the firm’s largest

underwriting—a $110 million hospital bond

issue.

Bradley De Jong

bdejong@eidebailly.com

Brad is a health care services

partner with the CPA firm Eide

Baily in Fargo, N.D. He has more than 20

years’ experience in the health care and

nonprofit sectors. He works closely with

hospitals, long-term care and senior housing

facilities supervising audits, financial forecasts,

feasibility studies, operational and

reimbursement consulting and Medicare and

Medicaid cost reports, including rate change

13

Sponsor Highlight!

analysis and projections.

“Reprinted with permission from The Capital

Issue at www.lancasterpollard.com.

2014 Saratoga Race Course Outing

The Northeastern

New York

Healthcare

Financial

Management "2014

Day at the Track"

will take place on

Friday, August

22nd at the

Saratoga flat track. We have reserved tables

within The Carousel Buffet area at the Saratoga

Race Course for our gathering. Outing

participants will enjoy admission to the track

including clubhouse access, a complimentary

program, and a hot and cold buffet including

carved meat, chicken, vegetables, pasta, cold

meats and a variety of desserts. The Carousel

is equipped with televisions and betting

windows.

The dress code is neat casual and although

Bermuda shorts are permitted in the Carousel,

they are not permitted in the clubhouse areas.

The gates open at 11:00am and post time for

the first race is 1:00pm. The buffet will be

available from 12:00pm until 3:00pm.

Members are welcome to attend at no cost, and

tickets will be given out on a first-come-first-

served basis. Non-members and guests may

purchase tickets at a cost of $30, based on

availability. The deadline for members to

respond is Friday, August 15th.

For more information about the event and to

register please contact Rick Henze at

rick.henze@smha.org

Certification Study Group If you have been thinking

about becoming certified as

a CHFP, your local NENY

chapter has joined forces

with other chapters across

Region 2 to bring you a

Certification Study Group.

The group will run from the week of

September 8th to November 10th from 5:30 pm

to 7:30 pm with a kickoff meeting on August

25th. The group will decide which night of the

week to hold the sessions and if you miss one,

a recording will be made so you can catch up.

There will be no cost to you! These sessions

14

CERTIFICATION CORNER

SAVE THE DATE!

are free, but we do need your active

participation to make them be successful. We

also need a commitment from you.

If you are willing to commit to the program, we

can offer you the study materials at a 60%

discount. That means you pay $100 instead of

the $249 that other members would pay!

(Please note, this discount is only available

once per person

The timing also allows you to schedule and

take your exam before your chapter year end of

April 30, 2015. You can help your chapter

meet their annual goals!

Your local chapter also has incentives for you!

If you pass the exam, they will reimburse you

the cost of your study materials!

To register for the Study Group, or to just

purchase the study materials at the reduced

price, please fill out the registration form by

August 15, 2014:

https://www.surveymonkey.com/s/7CNT3H8

**Note: If for some reason you cannot

participate in the Study Group, the materials

are still yours to keep and you are still eligible

for the discount. The study materials are active

for one year.

Still not sure if Certification is for you? Visit

hfma.org for more information or contact your

local certification contact at:

tmonacelli@glensfallshosp.org

15

HFMA’S VIRTUAL CONFERENCE September 18, 2014

The HFMA conference you don’t leave home

for. No cab fare. No boarding pass. No check-

in lines. And no membership fee. Free to

HFMA members! Non-member registration is

$175 and includes membership for those new

to HFMA.

Just log in and join other healthcare finance

managers and leaders for a productive and

stimulating look at today’s tough challenges at

HFMA’s Virtual Conference. September 18

registration covers:

“Value-focused Physician Strategies”

“Value-based Payment Models”

“Managing through the ICD-10 Delay”

Access to December 16 session

Networking opportunities

On-demand access to all four sessions – in-

cluding the February 24 and April 24, 2014

sessions

Up to 6 CPE credits

Find out more at http://www.hfma.org/

virtualconference

Sponsor Highlight!

MEMBER SPOTLIGHT

NENY HFMA New

Member Interview

with Johanna Presti,

Financial Analyst,

Ellis Medical Group,

Ellis Medicine

Interviewed By, Diane Seeley

DS: Please tell us about your current position,

and how you came to a career in the healthcare

arena?

(JP): I began working in healthcare because I

wanted to work in an industry that helped

people and healthcare is just that. Currently, I

am a financial analyst for the Ellis Medical

Group at Ellis Medicine. I have been at Ellis

for about a year and a half now, but in my

current position for five years. When I began at

Ellis I mainly focused on data analytics, but

now my position entails financial analysis,

reporting and data analytics.

DS: How did you first learn about the

Healthcare Financial Management Association

(HFMA)? What would you say are the primary

benefits of HFMA membership?

(JP): I learned about HFMA through my

colleagues at Ellis; they helped me receive the

new member scholarship and join the

programming committee. The primary benefits,

to me, of HMFA are that you are able to

network with individuals that have the same

career paths as you and it is a great learning

opportunity with all the education sessions that

are offered throughout the year.

DS: What is the biggest challenge or change

you expect to face in your job this coming

year?

(JP): Since this position is still pretty new to

me, the biggest challenge that I expect to face

this year is making sure that I am helping make

the process more time efficient and easier to

process the data.

DS: Please share with us some information

about your personal life (interests, hobbies,

family, etc…)

(JP): Whenever I get the chance I love to

travel! I have been to South America, Europe,

many states in the US and later on this year I

will be traveling to Costa Rica; out of all the

places I have visited my favorite was Spain.

Some of my other interests are reading,

spending time with my family, friends and my

pup, Lily.

16

17

The Northeastern New York HFMA Golf Tour-

nament took place on July 7th, 2014 at McGreg-

or Links Country Club. This year, there were a

record number of participatnts,, over 55 golfers!

The weather cooperated (just enough) to allow

everyone to finish. The day ended with some

great networking and award presentations. Con-

gratulation to the winners:

Scramble Teams:

1st Place: 63 James Colamaria/Jacqueline

Gacek

Susan Snowdon/Adam Karazuba

2nd Place: 64 Rick Henze/Richard McMullen

Mark Hoffman/Garrett Kreitz

3rd Place: 67 Gary Foster/Kevin Ronayne

Jeff Methven/Larry Donovan

Individual:

1st Gross Women: N/A

1st Net Women: N/A

1st Gross: 73 Mark Mesick

2nd Gross: 82 Pat McCarthy

Closest to the Pin #13: Mark Mesick 2’10”

Closest to the Pin #18: Fran Coudriet 11’0”

Long Drive #1

Men: Fran Coudriet

Women: Becca Slagle

Rick Henze and Bill Walbridge served as co-

hosts for this year’s event.

A special THANKS! to the event sponsors who

made the 2014 Golf Tournament a success:

Cardon Outreach

Overton, Russell, Doerr & Donovan, LLP

KPMG

First Niagara Leasing

Insight Investments

Four Winds Hospital

Immediate Mailing Services

Salucro

Union Graduate College

NENY-HFMA 2014 Golf Tournament

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2014 Golf Tournament-McGregor Links

Not only did we lose a lot of balls, but we lost our other golfer!

I’m too sexy for my shirt...too sexy for my shirt….so sexy it huuuurrrrrtttts!

Don’t’ quit your day job Bill! Ah...Keith, the Green is in the other

direction.

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2014 Golf Tournament-McGregor Links

Ah, the 19th hole, my best one today!

I’m still too sexy for my shirt! Did someone just say “Last Call”???

It appears someone took more than one gift card again!

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ANI 2014-Las Vegas, NV

The Region 2 Motley Crue!

What a spectacular venue– The Venetian Resort & Hotel in Las Vegas!

Rolling…..Rolling…..Rolling down the river!

Hey, I asked her first!

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ANI 2014 & Mini LTC-Watkins Glen, NY

This isn’t just HUGE Billy….it’s BIG!!

Jade finding some time to un”wine” at the Mini LTC!

Beautiful view from the Hotel at Watkins Glen

National Chair, Kari Cornicelli talking about “Leading the Change”

hfma

Northeastern New York

Chapter

Officers

President Tige Monacelli President Elect Jason Allen Secretary Karen Richards Treasurer Robert Shwajlyk

Directors

Rick Henze Ronnie Loughridge Jan St Croix Rico Viscusi, CPA Diane Seeley

Michael Wallner, FHFMA Mark Hoffman Jade Litchfield Mary O’Connell Juanita Wheeler-Moore

Committee Chairs and

Members:

Certification Tige Monacelli Programming Committee Jade Litchfield, Co-Chair Laura Bens, Co-Chair Juanita Wheeler-Moore Michael Ostrander Johana Presti Karen Richards Jason Allen Membership Rose Eck, Co-Chair Laura Pasco, Co-Chair Johana Presti

Michele Vergona Newsletter/Social Media Diane Seeley Chair Jade Litchfield Social/Awards Committee Rick Henze Rico Viscusi Bill Walbridge Sponsorship Committee Mark Hoffman, Chair Mike Wallner. Co-Chair Webmaster Robert Shwajlyk DCMS Contact Tige Monacelli Founders Contact Tige Monacelli LINK Committee Tige Monacelli

2015-2014 Northeast Chapter Leaders

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CERTIFICATION HAS GOTTEN EASIER!

NEW: Effective January 2011

Successful completion of 1 comprehensive exam - NOT TWO!!

Current Membership in HFMA (Eliminated 2yr Member Req.)

All preparation materials will be online! (Previously, book & online)

For More Information Click Here