Steven has more than 25 years of public accounting and consulting experience with two global accounting/advisory firms serving a variety of publicly and privately held companies (including nonprofits and NGOs) in the healthcare, finance, and insurance, sectors. During this period he also spent a number of years working in private industry as a senior manager with an actuarial/risk management consulting company which was part of a multi-national publicly traded corporation.
Steven’s experience in public accounting over the years has been global. Steven qualified as a Chartered Accountant and worked as a Public Auditor in South Africa for many years prior to joining BDO in the USA. This experience included providing healthcare and social programs such as USAID operating in Africa with audit and accounting services.
Steven’s extensive experience in public accounting and consulting has seen him serve hospitals, nursing homes, medical insurance plans, physician groups, dental organizations and other healthcare related industries, such as drug testing, pharmaceuticals, urgent care services, surgery centers, and behavioral health providers. Steven’s services to healthcare organizations include audits (inclusive of SEC and SOX compliance), risk assessment consulting, financial feasibility and debt capacity studies, internal control reviews and various other consulting services such as litigation support. Steven’s role in litigation support has included serving as an expert on the Medicare Advantage Program including participation in depositions. Steven also has restructuring experience and has provided audit services to healthcare organizations in bankruptcy. Steven routinely services private equity and venture capital sponsored healthcare clients throughout the USA and has developed a significant niche in this sector for BDO in the USA and more recently globally.
Steven has performed financial feasibility studies for over $1 billion in debt financings and has provided assurance services to a significant number of clients in connection with IPOs, secondary offerings and high yield bond transactions. In 2003 Steven completed a financial feasibility study for the Medical Center of the Rockies in Colorado that won the Bond Buyer Deal of the Year Award. Steven also works very closely with private equity and venture capital firms focusing in the healthcare sector and has carved a very important niche for BDO in this space.
Steven is the National leader for BDO’s Healthcare Industry group and founder of BDO’s Center for Healthcare Excellence &Innovation. Steven has also been published on a number of other topics including ASC 606, Healthcare Fraud and Chinese Investment in the US healthcare Industry and quoted numerous times by various nationally recognized publications such as Healthleaders, CFO Magazine, McKnights, Home Health Care News, HealthDive, Bloomberg, WSJ, Mergermarket among others focused on the business of healthcare.