Michael Bauman, CEO of LTC Consulting Services, has earned a widespread reputation in the healthcare industry as a “billing guru”. Michael earned a degree in finance and shortly thereafter began his medical billing career managing the business office of a chain of skilled nursing facilities. His responsibilities included overseeing all aspects of billing and accounts receivable, accounts payable, and purchasing. To simplify and optimize these tasks, Michael created an effective and efficient billing and tracking system. Joining forces with Mark Josefovic, they formed LTC Consulting Services, availing their systems and procedures to other nursing home facilities, owners and operators. Michael, excelling at analysis and collection of outstanding receivables, designed a new structure for the collections department. To this day, he continues to be involved in the proper implementation and integrity of the LTC billing structure, and remains deeply committed to the success of each client.
Mark Josefovic, CFO at LTC Consulting Services, possesses years of experience in finance and accounting, specifically geared towards the healthcare industry. Mark earned his degree in business finance from Brooklyn College and utilized his knowledge and expertise to quickly become CFO and Controller for a corporate nursing home chain. His responsibilities involved overseeing all aspects of accounting, including accounts payable, audits, year-end financials, and revenue and collection analysis. Mark negotiates contracts with vendors on behalf of clients, acting as their principal accounting liaison and communicating with the accountants of each facility. Mark’s superior accounting skills and discerning attention to detail ensure maximized revenue and optimal collections success.
Ben Mandelbaum, COO of LTC Consulting Services, earned a degree in finance and has years of accounting experience in a corporate healthcare management firm. Ben joined LTC to assist in the tracking of residents in client facilities and to help navigate the Medicaid pending cases. Instituting a dedicated Medicaid Applications department, he designed a system that properly tracks and monitors each Medicaid pending case and is responsible for overseeing the collections department, which successfully collects outstanding receivables for facilities nationwide. Ben’s knowledge of the Medicaid system and his understanding of collections serve as a vital resource to LTC, consistently helping to minimize outstanding receivables and maximize collections.
Steve Zicherman, CPAManaging Partner
LTC Finance | LTC Financial Advisory
As Managing Partner of LTC Finance and Advisory Services, Steve Zicherman has earned a reputation as one of the most trusted advisors in the skilled nursing financial space.
Providing a full suite of outsourced CFO, controller and financial analysis services, his experienced team of talented professionals provides financial cycle management, comprehensive financial reporting, M&A due diligence and underwriting advisory services to skilled nursing facilities, owners and operators.
A Farleigh Dickinson University MS graduate in Accounting, Steve has an extensive background of accounting service for midsize and large organizations.
As Senior Accountant at PricewaterhouseCoopers, Steve was Field Team Leader on financial and compliance audits of some of New Jersey’s largest healthcare systems.
Previously, as Senior Accountant at WithumSmith+Brown, his practice encompassed a wide range of industries including healthcare, real estate, construction, retail and nonprofit organizations.
Steve leverages this breadth of knowledge and experience to provide every new client with unmatched personal service and professional results at the highest level.
Steve ShainCOO of LTC Contracting
Steve graduated from TA of NJ with a degree in Talmudic Law and Analysis, and was drawn to the healthcare industry early on. Beginning in 2009 as a nursing home medical biller, Steve experienced hands on the day to day responsibilities and challenges a business office deals with. Upon being promoted to Financial Coordinator at their corporate office, Steve developed a keen understanding of what a corporation needs to be successful and prosper in today’s market. Now joined with LTC Consulting Services, he serves as Director of Implementation and Client Relations which handles the initial setup of all newly acquired facilities, as well as the ongoing needs of each LTC Client. With the establishment of LTC Contracting, Steve utilizes his healthcare and reimbursement experience to help clients navigate the complicated Managed Care industry, along with Federal and State CHOW and Credentialing requirements. By attending to these facility matters through a billing and reimbursement lens, Steve has built LTC Contracting to the new industry standard of how licensure and Managed Care Contracts are handled.