PR - Kaulkin Media Appoints Healthcare Analyst

Rockville, Md.-based Kaulkin Media announced today that it has appointed Michael R. Klozotsky as Healthcare Analyst. He will be part of the firm’s new Analyst Group – an expansion of Kaulkin Ginsberg’s research and information services to cover various creditor markets within the Accounts Receivable Management Industry (ARM).

Klozotsky will focus on strategic receivables management issues for the healthcare industry, including the bad debt concerns of hospital creditors and the relationships they forge with service providers in the ARM industry. He will produce original research reports, moderate live teleseminars on timely sector-related topics, profile the healthcare industry’s major players, and host a recurring blog on insideARM.com.

Healthcare is one of the largest and most dynamic sectors within ARM.  U.S. Healthcare spending in 2005 reached $2 billion, or 16 percent of GDP.  That number is forecasted to grow to $4 trillion by 2015, or 20 percent of GDP.  Spending growth, in tandem with rising numbers of self-pay patients, means medical bad debt is likely to increase as well.     

“For-profit hospitals bad debt expense could exceed $12 billion in 2007,” Klozotsky said.  “Add that to the ever changing regulatory environment—especially on the state level—that surrounds healthcare collections, and the potential impact of federal universal coverage reform on hospitals’ revenue cycle management, and the need for a healthcare-specific focus became clear,” noted Klozotsky.  “I look forward to helping position Kaulkin Media as a thought leader in the world of healthcare receivables,” he said.

According to Mike Ginsberg, president and CEO of Kaulkin Ginsberg, “We are committed to providing relevant and timely information to executives and personnel who are responsible for recovery of accounts receivable including credit grantors, service providers and vendors.”   

Klozotsky’s previous work at Kaulkin Ginsberg included contributions to the publication of the 7th edition of The Kaulkin Report: The Future of Receivables Management.  Earlier this month Klozotsky published Curses or Cures: State Regulations, Hospital Creditors, and the ARM Industry, the first in a series of healthcare Executive Briefs to be released in the coming year. Prior to joining Kaulkin Ginsberg, Klozotsky was an instructor in the Department of English at the University of Illinois at Urbana-Champaign, where he also served as a Communications Specialist for the Department of Accountancy.  Klozotsky holds a Bachelors of Arts degree in English Literature from the University of Evansville and a Master of Arts degree in English from the University of Illinois. 

In addition to Healthcare, the Analyst Group will initially cover the core markets of consumer finance and government and municipalities.

For more information about Healthcare at Kaulkin Media, contact Michael Klozotsky at 240-499-3836 or by email.