Former State Healthcare Regulator to Enhance Marcum LLP's Healthcare and Government Practices
Marcum Appoints Gary Richter as Director in Firm’s Harford, CT, Office
Hartford, CT – January 6, 2011 – Marcum LLP, one of the largest independent public accounting and advisory services firms in the nation, today announced that it has hired Gary Richter as a Director in its Hartford, CT, office. A former healthcare regulator for the State of Connecticut and Department of Social Services, Mr. Richter will focus on regulatory, operational and reimbursement advisory services to the firm’s long-term care, home care and hospital practice.
“Gary’s 30 years as regulator for the State of Connecticut will be an invaluable asset not only to our Connecticut offices but to both the government and healthcare industry practices at Marcum,” said Anthony P. Scillia, Managing Partner of the New England Region. “We have built a strong practice providing auditing, accounting and advisory services to long-term care hospitals and home health agencies and government entities throughout the country. The addition of Gary to our team will only further enhance the depth of expertise and quality of service we have to offer our clients.”
Prior to joining Marcum, Mr. Richter served 19 years as the Director of Certificate of Need and Rate Setting at the State of Connecticut Department of Social Services. While there, he was responsible for the oversight of a $2 billion budget and rate setting for residential services covered by Medicaid assistance programs and administered in accordance with Federal and State laws and regulations. He also oversaw the provider cost report review and audit process, legislative and regulatory rate setting policy changes, the analysis and disposition of rate appeals, Federal Medicaid claims relating to services provided by other state agencies, certificate of need application for nursing facilities, residential care homes and continuing care retirement facilities. Among his many accomplishments in the position, Mr. Richter implemented the Nursing Home User Fee/Provider Tax in conjunction with Medicaid rate increases in 2005.
Before this, Mr. Richter held various financial management and budgetary roles for the State of Connecticut, including as the Assistant Director of Financial Management for the Department of Income Maintenance/Social Services and a budget analyst for the State of Connecticut’s Office of Policy and Management and Legislative Office of Fiscal Analysis. Mr. Richter began his career as a senior administrative analyst for the City of Hartford’s Development Commission.
Mr. Richter earned an M.B.A. in Finance from the University of Hartford in West Hartford, CT, and was a cum laude graduate with a B.S. in Government from Plymouth State College in Plymouth, NH. He has been a member of the Connecticut chapter of the Association of Long Term Care Financial Managers since 1997 and has been giving guest presentations each semester on Medicaid and nursing facility rate setting and Certificate of Need laws for the Nursing Home Administrator Program at the University of Connecticut, School of Business since 1998.
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation. Ranked among the top 15, Marcum LLP offers the resources of 1,100 professionals, including over 130 partners, in more than 20 offices throughout New York, New Jersey, Massachusetts, Connecticut, Pennsylvania, California, Florida, Grand Cayman and China. Headquartered in New York City, the Firm's presence runs deep with full-service offices strategically located in major business markets. Marcum is a member of the Marcum Group, an organization providing a comprehensive range of professional services spanning accounting and advisory, technology solutions, wealth management, and executive and professional recruiting. The Marcum Group companies include Marcum LLP; Marcum Technology LLC; Marcum Search LLC; Marcum Financial Services LLC; Marcum Bernstein & Pinchuk LLP; MarcumBuchanan Associates LLC; and Marcum Cronus Partners LLC.