Stroudwater Associates Further Increases Support for Rural & Community Healthcare

Despite continuing challenges from the COVID-19 pandemic, the rural and community healthcare consulting firm continued to deliver strategic, operational, financial, and clinical expertise to healthcare leaders across the nation

PORTLAND, MaineJan. 20, 2022PRLog — Stroudwater Associates, the nation’s leading source for strategic, operational, financial, and clinical strategy for rural and community healthcare, announced today that it has surpassed its impact goals for 2021 and anticipates growth in 2022.

Over 20 rural hospitals have closed since the start of the pandemic, making it the largest loss of rural hospitals since the Cecil G. Sheps Center for Health Services and Research started keeping records in 2005. To support rural communities and remaining hospitals through this enormous loss, Stroudwater Associates continued to build on its mission to partner with healthcare leaders to positively impact community health across the United States through new service offerings and enhancements to cloud-based applications.

In 2021, the advisory firm’s clinical team launched a prescription opioid management program to assist primary care clinics and provider practices in managing chronic-pain patients on long-term opioid therapy. The clinician-led team worked closely with the University of Washington Department of Family Medicine and Kaiser Permanente Washington Health Research Institute to become practice facilitators of the Six Building Blocks Program. Additionally, Stroudwater Associates’ analytics team developed and launched two cloud-based applications to help hospital leaders improve revenue, increase efficiency, and maximize pricing integrity.

“We are proud that our partnership with healthcare systems continues to positively impact rural communities across the country,” said Stroudwater Associates Managing Director Jeff Sommer. “It underscores our belief that by combining the power of our team with health system leaders, we can lift rural and community healthcare and transform it for the future needs of the 60 million Americans who depend on it.”

Stroudwater Associates 2021 impact by the numbers:

  • Advised hospital and healthcare systems that serve communities consisting of 22.9 million people
  • Served hospitals, health systems, and physician groups through 478 engagements
  • Worked with clients and communities in 45 states

Through its strategic partnership with StroudwaterGCL, the organization had a greater impact with the closing of a loan with a hospital in New Jersey that serves a population size of over one million, forty-five thousand people.

To continue to build on its mission, Stroudwater Associates hired five new team members,

  • Wade Gallon (https://www.stroudwater.com/team/wade-gallon/), MPA, FHFMA, supports clients through financial and operational analysis and cost report review
  • Kirsten Meisterling (https://www.stroudwater.com/team/kirsten-meisterling/), MS advises hospitals and healthcare providers on physician-hospital alignment, physician practice, and hospital performance improvement
  • Megan Zook assists consultants and clients as project coordinator and oversees timelines and deliverables
  • Macey Spears is the relationship officer for StroudwaterGCL and works with clients on funding rural health investments
  • Jolene Robichaud assists  StroudwaterGCL on projects, timelines, and client deliverables

“Stroudwater is continuing to grow, and the expansion of our team allows us to continue to better serve existing clients and work with more healthcare leaders,” says Stroudwater Board Chair Eric Shell. “The addition of new consultants speaks to our commitment to improving healthcare with the highest value of advisory services we can offer to clients and our team’s expert approach.”

To learn more about Stroudwater, visit www.stroudwater.com.

About Stroudwater Associates

Founded in 1985, Stroudwater Associates is a leading national healthcare consulting firm with offices in Atlanta, Nashville, and Portland, Maine. We focus on strategic, operational, and financial areas where our perspective offers the highest value for rural hospitals, community hospitals, healthcare systems, and large physician groups. Stroudwater’s team includes clinicians, managers, corporate officers, investment bankers, financial analysts, and content specialists with deep domain expertise.

Sources

“Why rural hospital closures hit a record high in 2020.” www.beckershospitalreview.com 16 March 2021. https://www.beckershospitalreview.com/finance/why-rural-hospital-closures-hit-a-record-high-in-2020.html.

“How the pandemic killed a record number of rural hospitals.” www.cnn.com 31 July 2021. https://www.cnn.com/2021/07/31/health/rural-hospital-closures-pandemic/index.html

Console & Associates, P.C. Explores Class Action Lawsuit After TTEC Services Commercial Data Breach

MARLTON, N.J.Jan. 13, 2022PRLog — The law firm of Console & Associates, P.C., has begun an investigation into the recent TTEC Services Commercial data breach to determine the possible legal remedies that affected individuals may have against the company. If it can be shown that TTEC Services Commercial did not have adequate data security measures in place to protect against this type of breach or otherwise mishandled consumer information, those in receipt of a data breach notification from TTEC Services Commercial may be able to name the company in a class action lawsuit.

The TTEC Services Commercial data breach is just one example of a flurry of cyberattacks in recent months. The information accessed through a data breach may be retained by the party conducting the cyberattack or sold to another party, often for criminal purposes.  While the investigation is ongoing, and there is not yet any indication that TTEC Services Commercial was negligent in the handling of consumer data, the breach raises questions about the company’s efforts to keep consumer data secure. If it turns out that TTEC Services Commercial mishandled or failed to protect sensitive consumer data, the company may be held financially responsible for any resulting damages through a data breach class action lawsuit.

The founder of Console & Associates, P.C., Attorney Richard Console, explains, “It’s easy to place all the blame for a data breach on the person who hacks into a company’s system; however, this ignores the legal and moral obligation businesses owe to their customers. When someone gives a company their business, they trust that the information in the company’s possession will remain private—and out of the hands of criminals. While protecting consumer data requires a business to undergo some effort and expense, in our current environment of widespread hacking, this is a cost of doing business that all companies must take seriously.”

In September 2021, TTEC Services Commercial learned that an unauthorized party had gained access to the company’s network. It was subsequently discovered that the unauthorized party installed ransomware on some of its devices that housed consumer data. Upon further investigation, TTEC Services Commercial learned that the unauthorized party may have had access to the files between March 31, 2021, and September 12, 2021. Some of these files contained the names and social security numbers of more than 100,000 individuals.

On December 8, 2021, TTEC Services Commercial sent data breach notification letters to all parties impacted by the hacking event.

If the evidence shows that TTEC Services Commercial did not take the necessary steps to ensure the security of consumers’ data, those who received a data breach letter may be able to join a class action data breach lawsuit against the company.

While the situation is still developing, anyone who received a data breach letter from TTEC Services Commercial should take the following steps to protect themselves:

  1. Carefully review the letter sent by TTEC Services Commercial;
  2. Retain a copy of the data breach notification letter;
  3. Enroll in the free credit monitoring service provided by TTEC Services Commercial;
  4. Change all passwords and security questions to online accounts;
  5. Frequently review all credit card and bank account statements for any signs of fraud or unauthorized activity;
  6. Monitor credit reports for any unexpected changes or signs of identity theft;
  7. Contact a credit bureau to request a temporary fraud alert; and
  8. Notify all banks and credit card companies of the data breach.

To learn more about this data breach, please visit https://www.jdsupra.com/legalnews/consumer-data-breach-alert-ttec-1850590/

The law firm of Console & Associates, P.C. is committed to protecting consumer privacy. The firm investigates all types of data breaches, ransomware attacks and other network intrusions to determine the legal rights of consumers who trusted corporations with their sensitive information. Console & Associates, P.C. can be reached through the firm’s website at https://www.myinjuryattorney.com/consumer-privacy-data-breach-lawyers/.

Console & Associates, P.C. Investigates Class Action Lawsuit Following Talbert House Data Breach

MARLTON, N.J.Jan. 11, 2022PRLog — The law firm of Console & Associates, P.C., is actively investigating the Talbert House data breach from earlier this year to determine whether those impacted by the breach can pursue legal remedies against the company. If the firm’s investigation reveals that Talbert House did not have adequate security measures in place to protect against the breach or otherwise mishandled consumers’ sensitive information, the company may be liable for any resulting damages through a class action lawsuit.

The Talbert House data breach is just one example of the many recent cyberattacks in recent months. Cyberattacks typically involve a hacker or some other bad actor who gains access to a company’s secure servers in an attempt to access sensitive consumer information. The information may be used by the party conducting the cyberattack or sold to another party. Often, the information is used to commit identity theft or for other criminal purposes.  While the investigation is ongoing, and there is not yet any indication that Talbert House bears responsibility for the breach, it raises questions about the company’s efforts to secure consumers’ data. If it turns out that the company mishandled or failed to protect sensitive consumer data, Talbert House may be financially responsible through a data breach class action lawsuit.

The founder of Console & Associates, P.C., Attorney Richard Console, explains, “It’s easy to place all the blame for a data breach on the person who hacks into a company’s system; however, this ignores the legal and moral obligation businesses owe to their customers. When someone gives a company their business, they trust that the information in the company’s possession will remain private—and out of the hands of criminals. While protecting consumer data requires a business to undergo some effort and expense, in our current environment of widespread hacking, this is a cost of doing business that all companies must take seriously.”

In early June, Talbert House was the target of a cyberattack. Upon learning of the event, Talbert House launched an investigation into the incident, revealing that the information of more than 48,000 clients, employees and other third-parties may have been accessed by an unauthorized third party. The compromised information includes:

  • First names,
  • Last names,
  • Full mailing addresses,
  • Social Security numbers,
  • Driver’s license numbers, and
  • Financial account information.

On September 30, 2021, Talbert House sent all affected parties data breach notifications, informing them of the incident.

If evidence emerges that Talbert House failed to take the necessary precautions to ensure the safety of consumers’ data, those who received a data breach notification letter may have the right to join a class action data breach lawsuit against the company.

While the situation is still developing, anyone in receipt of a data breach letter from Talbert House should take the following steps to protect themselves against the risk of identity theft:

  1. Carefully review the letter sent by Talbert House
  2. Keep a copy of the data breach notification letter
  3. Sign up for the free credit monitoring service provided by Talbert House
  4. Change all passwords and security questions to online accounts
  5. Frequently review all credit card and bank account statements for any signs of fraud or unauthorized activity
  6. Monitor credit reports for any unexpected changes or signs of identity theft
  7. Contact a credit bureau to request a temporary fraud alert
  8. Notify all banks and credit card companies of the data breach

To learn more about this data breach, please visit https://www.jdsupra.com/legalnews/consumer-data-breach-alert-talbert-house-5300062/

Console & Associates, P.C. is committed to protecting consumer privacy. To help ensure consumers’ sensitive data remains secure in the hands of corporations, the firm investigates all types of data breaches, ransomware attacks and other network intrusions. Console & Associates, P.C. can be reached through the firm’s website at https://www.myinjuryattorney.com/consumer-privacy-data-breach-lawyers/.

Calton & Associates, Inc. Names Chief Compliance Officer

 Calton & Associates, Inc. announced the promotion of Christopher (“Chris”) Cokinis to Chief Compliance Officer (CCO) and will retain his title of Senior Vice-President (SVP).

In this role, Chris will be responsible for the compliance oversight function and serve as a liaison for the firm on compliance matters with its regulators, including FINRA, the SEC, and the states. Chris will be based in the firm’s Tampa headquarters, reporting to Randall (“Randy”) Ciccati, Chief Executive Officer. In coming to Calton & Associates, Cokinis was inspired by the firm’s dedication to the independent space and looks forward to working with advisors who share its vision for the future.

“I’ve known Randy for eighteen years, so I just felt at home right away; walking into the office, I felt the culture and the team was strong,” said Cokinis.

Cokinis’s responsibilities include educating, providing advice and guidance, practice standards, suitability, and oversight regarding the activities of Calton and its representatives.

“Joining an executive leadership team with this level of insight is a great experience. Calton is focused on being a partner of choice,” Cokinis continued, “it is a lot of fun to be a part of.”

Chris has 35 years of experience in the securities, investment advisory, and insurance industries in management, operations, compliance, sales, and regulatory. Chris’s background includes 25 years in senior management roles with several full-service broker/dealers and investment advisers, serving two years as President and 23 years as a Chief Compliance Officer. His experience also includes seven years in sales of securities and insurance products and six years as a senior examiner with FINRA.

Chris holds FINRA registrations Series 7, 24, 4, 53, 27, 63, 65, 99 and is life, health, and variable insurance licensed in FL and IL. Chris is a graduate of the FINRA Wharton School holding the Certified Regulatory and Compliance Professional (CRCP), and also the Certified Securities Compliance Professional (CSCP) designation from the National Society of Compliance Professionals (NSCP). Chris is a former arbitrator with the FINRA Board of Arbitrators. Chris served on the FINRA District Business Conduct Committee for District 4 in Kansas City from 10/08 – 11/11 and as District Chair from 4/10 – 11/11. Chris attended the University of Illinois in Champaign, IL, and earned his Bachelor of Science Degree in Finance from Eastern Illinois University.

Chris was born and raised in the Chicago area and is an avid Chicago sports team fan. He has been in beautiful Tampa for almost six years turning in his snow shovel for more time at the golf course. Other interests include travel and fine dining.

For more information on Christopher (“Chris”) Cokinis:

https://www.calton.com/

Calton & Associates, Inc.

Norman McEvoy

800-942-0262

www.calton.com

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