Richard J. King and Daniel J. Hennessey Present at HFMA’s Annual Spring Institute

WILMINGTON, DE, April 15, 2013 – Stevens & Lee attorneys Richard J. King and Daniel J. Hennessey presented at the 5th Annual Healthcare Financial Management Association Spring Institute in Philadelphia on April 10, 2013.

Messrs. King and Hennessey discussed new payment/reimbursement models, such as ACO’s, bundled payment initiatives and value-based purchasing, which have evolved from the health care reform regulations. These new reimbursement models require health care professionals and providers to devise new strategies on providing care. The presentation outlined potential alignment strategies which could lower costs, enhance quality and increase communication.

Mr. King concentrates his practice in health law with emphasis on federal and state regulatory compliance and third party reimbursement, including Medicare, Medicaid and non-governmental commercial payers. He has represented more than 100 hospitals, nursing homes and personal care facilities in state and regulatory proceedings, including survey, certification and certificate of need matters. He has appealed Medicaid and Medicare disputes and has defended clients in insurance, health care, commercial and franchise law matters.

Mr. King frequently writes and speaks on a wide range of health law and policy topics and has presented before numerous professional organizations, including the Delaware Health Care Facilities Association and the Pennsylvania Bar Institute.

Mr. Hennessey focuses his practice on health care matters including tax, regulatory, corporate and transactional issues, and has assisted in the representation of health care systems, hospitals, managed care organizations, post-acute care providers, medical laboratories, physician practices and other health care providers. He advises clients on a variety of issues involving fraud and abuse laws, exempt organization matters, state and federal licensure and regulation of health care entities, corporate transactions, mergers and acquisitions, joint ventures, health care contracting and physician compensation.

Mr. Hennessey is a frequent writer and presenter on various health care and tax issues affecting nonprofit health care organizations, including health care reform initiatives and new payment models, accountable care organizations and the Medicare Shared Savings Program, new tax exemption requirements for hospital facilities and related topics.