Gene Walters

Gene Walters Managing Partner gwalters@icsmdbill.com

Eugene Walters . Mr. Walters has extensive experience in healthcare financial management. Mr. Walters started his healthcare career in l980 at a 525 bed not for profit community hospital with a revenue base of $450 million where he assumed the role of Assistant Director of Patient Accounts. His first assignment was the reorganization of a hospital business office and the development of fundamental controls and practices in the financial and operational divisions of the hospital. In1982 he assumed the role of Department Director and prepared the hospital for the transition into the Medicare prospective pricing system. At this time he also assumed responsibility for multiple registration areas of the hospital. In this role he successfully developed and implemented the necessary measures to effectively manage the transition from a cost based reimbursement system to the DRG prospective pricing system and effectively managed the accounts receivable for the hospital at record levels. In l985 Mr. Walters was assigned additional responsibility for managing several hospital based physician practices with revenues in excess of $40 million. Shortly thereafter Mr. Walters assumed a significant role in the negotiation of managed care contracts for the hospital and physician practices. He has successfully negotiated numerous fee-for-service, capitation, and sub-capitation agreements in behalf of the hospital and physician practices. In 1989 Mr. Walters played a significant role in the development of the Blue Cross electronic billing platform currently serving 75% of the hospitals statewide and numerous physician billing practices. In 1992 Mr. Walters was awarded the Presidential Citation for management excellence in the area of account receivable management and organizational skills. Mr. Walters also has extensive financial management systems experience having overseen four financial systems application conversions and a complete clinical/financial system interface. Mr. Walters is managing partner for practice management services. In this role he has developed state of the art account receivable management programs and successfully implemented these programs in dozens of practices. The end result has always been increased net revenue year after year.