Washington Health Benefit Exchange Potential Service Need: Enterprise Financial Risk Assessments. Vincent Stevens, CPA v firstname.lastname@example.org 425.990.7608 Paul Manry, CPA email@example.com 425.709.4871 Presented By: Bob Nakahara, CFO, Washington HBE. June 4, 2013.
Vincent Stevens, CPA
Paul Manry, CPA
Bob Nakahara, CFO, Washington HBE
June 4, 2013
CLARK NUBER P.S.
Multi-billion dollar companies are typically not created overnight. Within 2 – 3 years, HBE is forecasting $2B+ annually in premiums and operating expenses exceeding $50M. Key business/financial risk factors may include:
Billing, Payment & Collections
Policy, Operations, IT, Accounting, Other Departments
Review / Document Processes
(How are risks monitored)
(What could go wrong)
Revenue Cycle Processes
(What is an appropriate response)
(What are the key risks)
(Impact / Likelihood of Occurrence)
Assist management with performing enterprise financial risk assessments, beginning with the entire revenue cycle.
Proposed Scope and Timing
June 2013 October 1, 2013 December 2013
Go Live Date
HBE Project Sponsor
The process of designing and implementing a sound set of financial & operational controls is fluid, thereby it will evolve with the maturity of the Company. At a minimum, on October 1, 2013, the HBE board and its management will be able to state the following: