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Richard Baland

Mr. Richard Baland

Sole Proprietor, Richard Baland, CPA

What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Member of the Accounting Council

Council Member Biography

Richard Baland is an Independent Healthcare Consultant. Previously, Mr. Baland was the Chief Financial Officer and Chief Compliance Officer at Richardson Medical Center in Rayville, Louisiana. He has also served Lutheran Social Services (LSSS), Yukon-Kuskokwim Health Corporation (YKHC), Texoma Womens Clinics and Hospital and Parkland Hospital. Mr. Baland is certified or licensed as a Certified Public Accountant, Diplomate in the American Board of Forensic Examiners, Certified in Healthcare Compliance, and is licensed as a Nursing Home Administrator. He has passed the Board of Governors Examination for the American College of Healthcare Executives and he holds an MBA in Finance from George Mason University in Fairfax, Virginia, and a Bachelor of Science in Accounting. (This is me - Update Profile)


Employment History

2008 - Unspecified
Sole Proprietor, Richard Baland, CPA
2008 - 2009
Partner, B2B CFO LLC
2007 - 2008
Chief Financial Officer & Chief Compliance Officer, RICHARDSON MEDICAL CENTER
2005 - 2006
Chief Financial Officer , LUTHERAN SOCIAL SERVICES South
2003 - 2005
Chief Financial Officer, YUKON-KUSKOKWIM HEALTH CORP
1996 - 2002
Chief Executive Officer & Chief Financial Officer, Texoma Women's Clinic

GLG NewsSM Analyses by Richard Baland(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

Winners and losers in Healthcare IT

October 14, 2008

Stark Offers Bill to Hasten e-record Adoption | modernhealthcare.com

This will soon be the best time in history to be selling Healthcare IT software and services. More money will be spent in the next three years than ever before. It may not be the best time for the staff at many hospitals. The staff are woefully unprepared for a quantum leap in Healthcare Technology.

What can Hospitals do about their Spending and Borrowing in 2008?

April 21, 2008

University Hospitals in Cleveland makes aggressive refinancing move | blog.cleveland.com

Increasing interest rates and debt service, a Decrease in available cash, a Migration to more fixed rate borrowing and appeals to state governments for assistance, a delay in physical plant additions/upgrades

There will be significant growth in Healthcare Real Estate in the next ten years. But in what areas?

April 4, 2008

Aging Baby Boomers Will Drive Demand for Healthcare Properties Over Next Decade, Grubb & Ellis Report Reveals | www.bio-medicine.org

For one reason, this industry has outperformed the commercial average for the most recent eight years. Secondly, demographics are driving medical services. More of the population is aging. People are living longer. And Medical technology is improving at a rate that provides new and better healthcare services. Thirdly, there is never a down year for Healthcare space. Whether there is a recession or not, the demand for Healthcare services continues.

Walk in Clinic business may not be as easy as it appears.

February 6, 2008

Operator of Walk-In Clinics Shuts 23 Located in Wal-Mart Stores | www.nytimes.com

Yes, WalMart has a large pool of patients. And there are competitive advantages with regard to the convenience of a pharmacy and over the counter remedies. However, having patients is only one piece of the puzzle. The business of medicine is more complex than merely having patients or customers.

Repayments to Medicare May Be Too Much to Ask

December 3, 2007

Medicare | Some Hospices Forced To Repay Medicare for Exceeding Reimbursement Limits as Patients Live Longer Than Expected | www.kaisernetwork.org

The government has paid hundreds of millions less as a result of these measures. Now, the government has targeted the Hospice industry. Of course, there is no physician that can predict how long a patient will live. Physicians sign orders for Hospice patients that are terminal. The physician cannot know how many days of Hospice care will be provided. Much of the Hospice care is provided in a patient’s home and not in an acute care hospital or skilled nursing facility. Of course, there is no physician that can predict how long a patient will live. Physicians sign orders for Hospice patients that are terminal. The physician cannot know how many days of Hospice care will be provided. Much of the Hospice care is provided in a patient’s home and not in an acute care hospital or skilled nursing facility.

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