The Bottom Line: Ed Thomason On Health Care

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Feb192011

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The Kennion Group

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This week’s question:

What are lingering issues the Great Recession has caused for Birmingham’s health care industry?

“The administrative costs of keeping up with new laws and regulations can be overwhelming. Local health care providers and businesses want to remain focused on clients, but are expending energy on overhead costs related to employment. Overall in a recession, more regulation makes it more difficult for business leaders to hire additional staff. Many ill unemployed individuals are forced to file for bankruptcy; this hurts Birmingham and the state of Alabama. Uncertainty is never good for business and the health care bill seems to be in flux as we speak. Right now we need to purge the unknown, so we can forge ahead with strategy.”

Ed Thomason

CFO - The Kennion Group

To read the full article go to:

http://www.bizjournals.com/birmingham/print-edition/2011/01/21/what-are-lingering-issues-the-great.html?s=print

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The Kennion Group, Inc. is a leading provider of Employee Benefits, Human Resources, Insurance, Payroll and Risk Management services for businesses and non-profits in the United States and Worldwide. The company's innovative approach blends outsourced relief and resources with proven integrated technology solutions. As a result, The Kennion Group helps companies find proven ways to impact their people, productivity and profits. Founded in 1969, The Kennion Group has a history of success and is on the forefront of leading a new era of outsourcing and innovation.

Our mission is to help businesses and non-profits worldwide grow, manage and protect what they have worked hard to build. Because we are part of a larger family of companies we can put significant resources to work for our clients. The Kennion Group family of companies also includes Corporate Benefit Consultants, Inc. (Employee Benefits Consulting Firm), Preferred Health Alliance Corporation (Licensed Third-Party Administrator), and W. H. Shepherd Companies, Inc. (Licensed Insurance Agency). Preferred Health Alliance Corporation is also certified for Utilization Management, Utilization Review and Bill Screening. Insurance information on this site is brought to you by W. H. Shepherd Companies, Inc. (National Producer #5852782) and any insurance transactions are conducted through a licensed producer associated with W. H. Shepherd Companies, Inc. Producer lines of authority include Life, Health, Property and Casualty.

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