Michael R. Matejevich, CPA -- President

Having over 39 years experience in all areas of healthcare, serves clients in all aspects of healthcare financial management. Experiences range from auditor for Medicare, Medicaid, and Blue Cross to CFO of 460-bed Regional Medical Center in Baltimore. Since establishing Healthcare Affiliates, Inc. has expanded client base to 40 states and over 400 clients served. Services have ranged from cost report issues to medical office buildings and fringe benefit plans as well as a variety of reimbursement issues.

Experience

1992 - Present - Healthcare Affiliates, Inc. - President

1985 - 1992 - St. Joseph Hospital (Md.) - Chief Financial Officer

1983 - 1985 - Mt. Washington Pediatric Hospital (Md.) - Chief Financial Officer

1980 - 1983 - Provident Hospital (Md.) - Controller/Acting CFO

1979 - 1980 - Health Plan of Anne Arundel County(Md.) -(HMO) - Director of Finance

1975 - 1979 - McBee Associates - Senior Manager

1974 - 1975 - Hospital Cost Analysis Service(Md.) - Medicare Staff Auditor

Education

1974 - University of Baltimore, B.S.

Highlights

- Served on various task forces, boards and committees for Maryland Hospital Association (MHA) and Healthcare Financial Management Association (HFMA)

- Testified before the Maryland Legislature as a representative of MHA

- Lectures frequently on healthcare financial matters.

- Led St. Joseph's performance as leader in profits, efficiency, new programs, days in receivables and expansion for the State of Maryland and the Franciscan Health System.

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Earl B. Slater, MBA --Vice President, Corporate Development

With over 44 years of healthcare experience, has been exposed to all aspects of the healthcare delivery system. From operational management responsibility on a day-to day basis to strategic/long range planning, has functioned in a leadership role to achieve positive results. Whether managing a hospital, long-term care nursing unit, or construction of a medical building, performance was consistently outstanding and furthered the business, personal and health objectives of the respective clients and constituents.

Experience

May 1995 - Present - Healthcare Affiliates, Inc. - Vice-President

1991-1995 Frostburg Hospital, (Md.) - CEO/CFO

1985-1991 EBS Consulting - President

1980-1985 Northeast Health Management, Inc. - President

1975-1980 McBee Associates, Inc. - Vice President

1971-1975 Hospital Cost Analysis Service, Inc. - Medicare Staff Auditor

1969-1971 St. Agnes Hospital - Unit Manager

Education

1976 - University of Baltimore, MBA

1969 - Waynesburg College, BS

Highlights

- Retained as Interim President/CEO for Atlantic General Hospital during national search for permanent CEO.

-Directed the Turnaround of Frostburg Hospital from Chapter 11 proceedings

-Managed the expansion of Northeast Health Management

-Assisted in the rapid growth of McBee Associates from 6 to over 40 professionals serving 13 states and the District of Columbia.

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Carole A. Matejevich, CPA --Vice President, Operations

With over 33 years of progressive financial responsibility culminating in a 10 year period as Chief Financial Officer of a multi-state healthcare receivable management company, a broad base of managerial and operational experience was gained. Led Central HealthCare through a number of "firsts"; first audit (Big 6), first major borrowing, first major main-frame computer selection and installation and finally prepared the company for purchase by Medaphis Corp. (NASDAQ). Was requested to continue on with the new ownership but felt new challenges were waiting with Healthcare Affiliates growing client base. Currently responsible for HAI operations, corporate finance, and human resource functions.

Experience

1994-Present - Healthcare Affiliates, Inc. - Vice President Operations

1984-1994 - Central HealthCare Services, Inc. - Vice President, Finance

1980-1984 - Central HealthCare Services, Inc. - Computer Operations and Client Service

Education

1981 - Towson State University, Bachelor of Science

1983-1985 -Loyola College Graduate School, Necessary courses taken to sit for CPA exam

Highlights

-Responsible for selection of new computer equipment and conversion from old system

-Human Resource/Benefit functions

-Managed multi-million dollar real estate portfolio for Central's owners

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William Mahon, MBA --Vice President

Has a broad range of professional experience ranging from Investment Management to Healthcare reimbursement. Most recent focus has been in the areas of Disproportionate Share and Area Wage Index projects.

Experience

1996-Present - Healthcare Affiliates, Inc. - Vice President

1985-1996 - Alexander & Alexander Services Inc. - Investment Manager

1982-1985 - Loyola Federal - Financial Analyst

Education

1982 - Loyola College (Maryland), MBA Finance

1980 - Loyola College (Maryland), BS

Highlights

-Helped HAI expand reimbursement product offerings and built reimbursement specific project division.

-Assisted over 100 Hospitals increase Area Wage Index status.

-Has successfully obtained increased DSH settlements for Hospitals ranging from $300,000 to $8,000,000.

-Has managed projects for all size hospitals from under 100 beds to several university hospitals.

-Has directed special projects for clients upon request such as review of Hospitals’ A/R, allowances and other issues.

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Lawrence LoBianco, CPA

With over 39 years of experience in health care finance, brings a wide range of insight and skills. Experience includes stints in the Big-Eight public accounting firm, a financial health care consulting corporation, a major health care insurance company, and a 460-bed regional medical center. For 11 years, has led a privately-held consulting company serving clients in the Baltimore, Maryland metropolitan area.

Experience

2004 - Present - Healthcare Affiliates, Inc. - Manager

1993 - 2004 – Lawrence R. LoBianco, CPA (Md.) - President

1988 - 1993 – St. Joseph Hospital (Md.) – Director of Financial Planning

1986 - 1988 – St. Joseph Hospital (Md.) – Assistant Director of Finance

1980 - 1986 – Blue Cross Blue Shield of Maryland (Md.) – Senior Staff Specialist

1976 - 1980 - McBee Associates - Senior Manager

1974 - 1976 – Haskins & Sells (Md.) – Assistant Senior Accountant

Education

1974 – Loyola College, B.A.

Highlights

Negotiates major reimbursement issues on behalf of hospital clients before the Maryland Health Services Cost review Commission

Protected Saint Joseph Hospital's $14 million Open Heart Surgery program by acting as the Hospital's point person and by testifying as an expert witness in the Central Maryland Open Heart Surgery public hearings before the Maryland Health Resources Planning Commission.