Cornell Alumni Association of Orange County – Business Luncheon
March 28, 2019 @ 11:30 am
Costa Mesa, CA
Location: Costa Mesa, CA
Cornell O.C. Business Luncheon at the Center Club
Threats, Challenges, and Opportunities in U.S. Healthcare: Is Single Payer the Answer?
Thursday, March 28, 11:30 am – 1:30 pm
For our next luncheon, our accomplished guest speaker will be Bob Funari, Chairman, NxStage. Medical.
We are honored to bring renowned Health Care Executive Mr. Bob Funari back, who will provide us new insights on the very complex health care issues and update us on what happened since Obamacare was first announced.
• Five Major Themes
• Current State of U.S. Healthcare.
• A Prescription for Improving Value in Healthcare
• Pharmaceutical Costs – A Special Case
• Disruptive Technology in Dialysis Therapy
11:30 AM Luncheon will begin promptly
12:00 PM Presentation/Q&A
1:30 PM Luncheon will end promptly
Cost: $40 members and $45 non-members, includes valet parking at Center Club.
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Location: The Center Club, 650 Town Center Drive – Garden Level, Costa Mesa, CA 92626
Tel. (714) 662-3414.
Parking Information: Valet Parking at Center Club is included.
Event Contact: Gaye Tomlinson, MBA ’05, CAAOC Business Lunches, firstname.lastname@example.org, 714-742-2948.
Mr. Bob Funari is a renowned expert with broad experience in both healthcare services and medical devices. He began his career in 1975 at Baxter International, a $12 billion medical devices company, where he held several high profile positions ranging from Vice President to President of several divisions.
In 1993, he became the Chairman and CEO of Syncor International, a $920 million provider of specialized pharmacy services with 4,200 employess in 225 locations. During his tenure, he increased Syncor’s EPS from $.06 in 1994 to $1.41 in 2001 while revenues grew from $240 million to $920 million.
Between 2004 to 2011, Mr. Funari acted as the Chairman and CEO of Crescent Healthcare, a $175 million provider of specialized infusion therapy services. He oversaw a significant financial turnaround in the company from 2005 ($4.6mm loss) to 2010 ($11.0mm profit), which allowed him to be recognized as Ernst & Young Entrepreneur of the Year in 2010 – Successful Turnaround Category.
Mr. Funari is currently holding a position as Chairman of Patient Care America, an entrepreneurial provider of specialty pharmaceutical products and services. He has led a successful turnaround following an 80% reduction in Medicare reimbursement for IDPN and IPN therapies. He is also the Chairman of NxStage Medical, an innovative provider of high value technology based systems for dialysis patients.
Throughout his career, he has served as a Board Member (mostly as the Chair) of several organizations in a variety of industries, ranging from healthcare to financial services, including non-profit organizations. Among the companies her served as Board Member are Henry Mayo Newhall Memorial Hospital, Beckman Coulter, First Consulting Group, Los Angeles Chambers Orchestra and Pope and Talbot.
Mr. Bob Funari holds a BSc. degree with Distinction in Mechanical Engineering from Cornell University (1969) and a MBA degree with High Distinction from Harvard University (1975).