Vic Alexander chosen as Most Admired CEOs Lifetime Achievement winner

KraftCPAs chief manager Vic Alexander has been chosen by the Nashville Business Journal as this year’s Most Admired CEOs Lifetime Achievement winner.

The annual award was announced Thursday, along with the rest of this year’s winners in the Most Admired CEOs and Their Companies Awards. They will be recognized Nov. 21 at the JW Marriott Nashville.

Vic joined KraftCPAs in 1982 and became chief manager in 1993. While overseeing a staff of more than 200 employees, Vic “has built a reputation for himself as one of the city’s most trusted and experienced financial leaders,” the NBJ said in announcing the achievement.

He has been chosen as a Most Admired CEO six times and has been chosen multiple times for the NBJ’s annual Power Leaders in Accounting and Power Leaders in Finance lists.

“Being chosen for this honor is incredibly flattering and humbling,” Vic said. “But most importantly, this reflects the values, the work, and the integrity of the team we’ve assembled at Kraft.  I’m honored to accept the award on their behalf, and we’ll continue to work hard to deserve this recognition.”

The Most Admired CEOs winners list was determined through a public nomination process, followed by a closed voting process among the nominees.

Six from Kraft and affiliates chosen for Power Leaders in Finance list

Six executives from KraftCPAs and affiliates have been chosen for the Nashville Business Journal‘s 2019 Power Leaders in Finance list.

Vic Alexander, William Braddy, Lucy Carter, Scott Mertie, Mark Patterson, and Glenn Purdue all were chosen for the list, which was initially open to public nominations. From there, an independent panel of judges helped determine the 50 selections. Final selections were announced July 25.

Vic, Lucy, and Mark represent KraftCPAs; William is with Kraft Asset Management; Scott represents Kraft Healthcare Consulting; and Glenn represents Kraft Analytics.

Four people from Kraft and affiliates were chosen for the list in 2018, and several from Kraft have been chosen each year since the list’s inception.

The full list is available at the Nashville Business journal website and will be included in its Aug. 30 print edition.

 

Josh Hedrick elevated to member role with Kraft Analytics

Josh Hedrick will become a member of Kraft Analytics, LLC — an affiliate of KraftCPAs — effective June 1.

In his current position as a senior manager, Josh specializes in valuation, forensic, and transaction advisory services, along with a variety of consulting services such as industry and competitive analysis, business strategy, and compensation studies.

Josh joined Kraft Analytics in 2009 after working with a large firm in North Carolina, where he specialized in business valuation and litigation support practice.

Josh is a certified valuation analyst (CVA) and received his MBA at Appalachian State University and a post-master’s certificate at the University of North Carolina-Greensboro. He’s actively involved with Communities in Schools of Tennessee, Young Leaders Council, and Book’em of Nashville.

Kraft Analytics provides valuation services, including the valuation of businesses, equity interests, and assets; forensic services, such as the assessment of damages in disputes and investigative analysis; and transaction advisory services, including support for buyers and sellers in transactions with structuring analysis, valuation, and due diligence support.

© 2019

Gina Pruitt chosen for Women to Watch Class of 2019

Gina Pruitt, the member-in-charge of the KraftCPAs risk assurance & advisory services department, has been chosen for the Women to Watch Class of 2019 by Nashville Medical News.

Gina, who joined Kraft in 2010, has more than 30 years of experience working with a diverse mix of clients and is heavily involved with our growing healthcare industry team.

To complement her professional involvement, Gina is active with more than a dozen organizations; among them are industry groups Healthcare Financial Management Association, Leadership Health Care, and Nashville Technology Council, along with community organizations such as Williamson County Habitat for Humanity, Tennessee Performing Arts Center’s technology committee, and Tennessee Tech’s accounting advisory board.

Gina and the nine others chosen for the Class of 2019 will be recognized June 26 with a breakfast and presentation at the Noah Liff Opera Center.

She is the second person from KraftCPAs chosen for the list in the past three years; Lucy Carter, a member and practice leader of the healthcare industry team, was chosen in 2017.

© 2019

Click here to see the full Class of 2019 list.

Scott Mertie chosen as 2019 Health Care Awards winner

Scott Mertie, president of Kraft Healthcare Consulting, LLC, has been chosen as a winner of the Nashville Business Journal’s 2019 Health Care Awards.

Scott has more than 25 years of experience in the healthcare industry. Most recently, Scott has partnered with the American Institute for Healthcare Compliance (AIHC) to develop a Medicare/Medicaid cost report boot camp. He also worked with the AIHC to create the Certified Cost Report Specialist (CCRS) credential, as well as related education and testing.

His clients include hospitals, long-term care facilities, physicians, and other providers, as well as law firms. His previous experience includes working for a Nashville-based hospital management company, a Nashville hospital system, and other CPA firms.

In its announcement, the NBJ said its annual awards honor the “leaders who help make Music City the nation’s health care capital.” Winners will be honored at an event May 14 at the Omni Nashville Hotel.

© 2019

Click here to see the full list of winners.

KHC helps develop and lead cost reporting training

Every year, Medicare Part A certified institutional providers must submit an accurate and timely cost report to Medicare Administrative Contractors. Filing an inaccurate report is considered a False Claims Act violation, which can have significant repercussions, including financial penalties and legal expenses. Thus, it is critical for healthcare entities to avoid noncompliance by having qualified individuals compile the information needed to file their cost reports.

The Centers for Medicare and Medicaid Services (CMS) website has several cost reporting resources, which have been the best options for professionals seeking information about cost reports — until now.

Kraft Healthcare Consulting’s Scott Mertie teamed up with the American Institute of Healthcare Compliance (AIHC) to create a specialized training program recommended for CFOs, accounting staff, revenue cycle professionals, reimbursement professionals, and any other employees tasked with gathering information for cost reports at a healthcare organization. The program is also the first of its kind to offer a credentialing option specifically for cost reporting proficiency — the certified cost report specialist (CCRS) designation.

KraftCPAs healthcare team members participated in beta testing of the CCRS examination; all seven team members passed and are the first to receive the credential.

Learn more about our Medicare & Medicaid cost reporting services.

Beverly Horner, Ronda Pitts retire after more than 30 years each at KraftCPAs

Two long-established members at KraftCPAs PLLC have announced their retirement.

Beverly Horner and Ronda Pitts formally retired from their full-time positions effective October 31 after a combined 61 years with the firm. Beverly joined KraftCPAs in 1988, and Ronda joined in 1987. Both became members (partners) at the firm in November 2004.

Beverly, a CPA and CFSA, served as member-in-charge of the assurance services team, where she worked with a variety of clients in the healthcare, not-for-profit and manufacturing/wholesale/distribution sectors. She also was the member-in-charge in the firm’s Columbia office.

Although no longer a full-time member at the firm, Beverly will continue to work part-time with the firm in a consultant role. She also remains active with several community leadership groups in Columbia and Maury County.

Ronda, a CPA, was a principal in the firm’s accounting services department before she assumed a member-in-charge role with the entrepreneurial services team. In addition to providing accounting and tax services to a variety of businesses and individual clients, Ronda was one of the firm’s business growth advisors. In that capacity she helped teach, mentor and counsel business owners to fulfill career and personal goals.

She remains active with several leadership and community organizations in Nashville.

“We are grateful for the leadership, dedication and talent of both Beverly and Ronda,” said Vic Alexander, chief manager at KraftCPAs. “Their impact and contributions to our firm and our community cannot be duplicated. Although they leave big shoes to fill, we’re fortunate that they’ve helped prepare great teams to assume their client responsibilities.”

© 2018

Brad Koenig will join as KraftCPAs member Nov. 1

Brad Koenig has been promoted to a member at KraftCPAs effective Nov. 1.

Brad has more than a dozen years of public accounting experience and has been senior manager for the KraftCPAs entrepreneurial services department. He works with clients in retail, real estate, service and not-for-profit industries, among others.

Brad joined KraftCPAs in September 2016 and holds degrees from Vincennes University and University of Southern Indiana. He is a member of the AICPA and TSCPA.

“During his time here at Kraft, he has proven to be everything we were looking for to fill a leadership role in our ESG department,” said Vic Alexander, chief manager at KraftCPAs. “Brad continues to network in the community and has been successful in turning many prospects into Kraft clients. We are proud and excited to announce his admittance as a member.”

With Brad’s addition on Nov. 1, KraftCPAs will have 15 members (owners) and a total team of more than 200 people among its seven affiliates.

Vic Alexander named to the NBJ’s Power 100 list

Congratulations to KraftCPAs Chief Manager, Vic Alexander, who was named to the Nashville Business Journal’s (NBJ) 2017 Power 100 list.

Vic was selected as one of 20 business leaders in the “connectors” category. The NBJ defines these leaders as “the people who are everywhere. They drive business decisions behind the scenes. They have a wide network across industries. They’re matchmakers, bringing together powerful people to get things done.”

Vic started his professional career with KraftCPAs after graduating from Lipscomb University in 1982. At 33, he became the firm’s youngest chief manager— a position he has held since 1993. While he’s not serving as a trusted advisor to his clients, Vic dedicates his time to networking, business development, and fostering a positive workplace. He is truly an epitomic representation of the firm’s mission: Client success, respect and career opportunities.

Read more about Vic and the other Power 100 honorees here.

Alexander named as a Most Admired CEO

Congratulations to KraftCPAs Chief Manager, Vic Alexander, who was named to the Nashville Business Journal’s list of the 2017 Most Admired CEOs and Their Companies.

Vic was one of eight winners in the Companies with 101-500 Employees category. There were 41 overall winners in various categories. The Nashville Business Journal asked the public for nominations, and then nominees voted for one another by category. The winners will be recognized at an awards dinner at the Omni Nashville Hotel on November 9.

Vic started his professional career with KraftCPAs — joining after he graduated college in 1982. He worked his way up and became the firm’s youngest chief manager, at the age of 33 — a position he has held since 1993. He currently provides litigation support, business valuation and consulting services to clients. He spends much of his time working on client relations and business development; fostering a positive workplace and living the firm’s mission of: client success, respect and career opportunities.

He is also very involved in community and professional service, serving on various boards in the Nashville area including: David Lipscomb University Business School, Nashville State Community College Foundation, Saint Thomas Hospital Audit Committee, Belmont University Accounting Advisory Board, Delanie Walker Gives Back Foundation, and Legal Aid Society.

In his free time, Vic likes to play golf and spend time with his family.

HIPAA, HITECH, and HITRUST

Any organization or business that handles health information or other sensitive data should be familiar with HIPAA, HITECH, and HITRUST requirements. Unfortunately, some entities and/or their employees view these “H-words” merely as suggestions or someone else’s responsibility. Others are confused by how these terms apply to them. If you’re already muttering, “What the H?” — this series is for you.

What the H? articles

What the H?

HIPAA, HITECH, and HITRUST: The Essentials of Healthcare Security Compliance

In Part 1, we explore the differences between these important acronyms, as well as how these concepts build upon each other to play a significant part in securing protected health information (PHI). Read the entire Nashville Medical News article – Part One.

How the H?

HIPAA, HITECH, and HITRUST: The Path to Compliance

“How do I get – and stay – compliant?” is the (potentially million-dollar) question facing any entity handling PHI. In this article, we outline the recommended path to compliance. Read the entire Nashville Medical News article – Part Two.

Why the H?

HIPAA, HITECH, and HITRUST: The importance of each for you and your consumers

Now that we know what these concepts mean and how to achieve compliance, we explore the reasons behind it all. Read the entire Nashville Medical News article – Part Three.

What the H? video

If you were unable to attend our What The H? HIPAA, HITECH, and HITRUST Seminar you can still watch the What the H? presentation video and the presentation slides.

KraftCPAs admits two new members

KraftCPAs PLLC is pleased to announce that Sean Owens and David Lister became members (owners) in the firm, effective November 1.

Sean, who works in the assurance services practice area, has been with KraftCPAs since January 2003. He has extensive experience with manufacturing, wholesale and distribution clients. With more than 15 years of experience, Sean has also worked with a variety of other clients including broker-dealers, investment companies, not-for-profits and educational institutions.

In addition to being a certified public accountant, Sean is registered by the American Institute of Certified Public Accountants (AICPA) as a qualified peer reviewer. In this capacity, he reviews other CPA firms’ quality control processes and procedures to verify compliance with professional standards.

A member of the AICPA and the Tennessee Society of Certified Public Accountants (TSCPA), Sean is past president of the TSCPA Nashville Chapter and a member of the peer review committee. He also serves the community as an executive committee member and audit committee chair of the Tennessee Kidney Foundation. He is a graduate of Leadership Wilson County.

David Lister, who works in the tax consulting and compliance practice, joined Kraft in 2006. He has more than 10 years of experience in taxation of corporations, pass-through entities and individuals. His experience includes serving clients in a variety of industries including construction, manufacturing/wholesale/distribution (MWD), financial institutions, franchisers and service providers. 

David also has significant experience assisting clients with mergers, acquisitions and dispositions. He has managed many complex federal and multi-state tax planning, research and compliance engagements, including nexus studies, tax examinations and client representations for individuals and large to midsize companies.

A member of the American Institute of Certified Public Accountants and the Tennessee Society of Certified Public Accountants (TSCPA), David serves on the TSCPA state taxation committee, on the TSCPA Council and as treasurer of the TSCPA Nashville Chapter. He is also a member of the Kiwanis Club of Nashville.

“We are pleased to promote Sean and David to membership in the firm,” said Vic Alexander, chief manager of KraftCPAs. “Each of them has made significant contributions to our practice in their years with the firm, and it has been a pleasure to watch them advance in their careers. We are pleased to add them to the ranks of the next generation of Kraft owners.”

KraftCPAs, which was founded in 1958 by the late Joe Kraft, now has 16 members/owners and a total team of more than 190, including seven affiliated companies.