In this issue

PDF Icon Small Economic Recession Hits Healthcare
Letter from Health Capital Consultants President, Robert James Cimasi, highlighting the effects of the current economic recession on healthcare, and the opportunities for leaders in the healthcare field to purse innovative solutions to these economic challenges. (Read more...)

PDF Icon Small Shakeup in New Jersey Related to Physician-Owned ASCs
Legislators in the State of New Jersey recently passed a bill amending the 1991 Codey Law that banned physicians referring patients to ambulatory surgery centers in which the physician has a financial interest. Also contained in the Bill are provisions related to restrictions on newly licensed physician-owned ASCs. (Read more...)

PDF Icon Small IRS Issues Report on Not-for-Profit Executive Compensation
The methodology utilized for setting compensation paid to executives at (tax exempt) hospital enterprises has recently come under heightened scrutiny with the February release of the widely-anticipated 2009 IRS� Exempt Organizations (TE/GE) Hospital Compliance Project Final Report regarding not-for-profit executive compensation practices.
(Read more...)

HCC Background
Founded in 1993, HCC has developed significant research resources; a staff of experienced professionals with strong credentials; a dedication to the discipline of process and planning; and, an organizational commitment to quality client service as the core ingredients for the cost-effective delivery of professional consulting services. HCC has served a diverse range of healthcare industry & medical professional clients in over 45 states including hospitals & health systems (both tax exempt & for profit); outpatient & ambulatory facilities; management services organizations; clinics, solo & group private practices in a full range of medical specialties, subspecialties & allied health professions; managed care organizations; biotechnology and pharmaceutical ventures; ancillary service providers; disease management firms; Federal and State agencies; public health and safety agencies; other related healthcare enterprises and agencies; and, these clients� advisory professionals, e.g., their consulting, legal and accounting firms.

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