Growing Health Care Finance Company CarePayment Hires New GC
Brian McCarthy—a former health care GC with a specialty financing background—will serve as senior vice president and general counsel at Nashville, Tennessee-based CarePayment.
April 27, 2018 at 03:51 PM
2 minute read
Brian McCarthy, senior vice president and general counsel of CarePayment. Courtesy photo.
For the new top lawyer at growing patient financial engagement company CarePayment, the gig is the confluence of two of his interests—specialty financing and health care services.
Brian McCarthy will serve as CarePayment's senior vice president and general counsel, the Nashville, Tennessee-based company announced Thursday. He will oversee the company's legal, compliance and human resources departments.
The new GC began his career in the structured finance group at Guggenheim Partners in Chicago and most recently was vice president and general counsel at Occusystems Services, a company that provides health care services to employees injured on the job.
In an interview with Corporate Counsel on Friday, McCarthy said he was drawn to CarePayment because of its innovation.
“I think that the company is being innovative in meeting an unmet need [in] the marketplace, given the high-deductible health care plans and rising costs of health care,” he said. “We are able to solve a problem that needs solving and do it in a way that is a win-win for both the provider and patients.”
Based in Portland, Oregon, until last year, CarePayment contracts with health care providers for the accounts of patients, to whom the company then offers a zero-interest payment program for up to 72 months, depending on the bill and the patient's needs. Last month, it announced that the number of patients it serves had increased to 3.3 million, up from 2.2 million one year ago.
McCarthy said that given the company's operations “at the intersection of two of the most highly regulated industries in the world,” one of his main priorities for the legal department will be “ensuring the continuation of its robust compliance program that is integral to the company and part of its culture.”
Prior to joining Occusystems in October 2014, McCarthy was a paid adviser for Epiphany Health Ventures and before that the director of development and administration for Diabetes Care Group, according to his LinkedIn profile.
He received his law degree from the University of Notre Dame Law School.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
How Amy Harris Leverages Diversity to Give UMB Financial a Competitive Edge
5 minute read
Auditor Finds 'Significant Deficiency' in FTC Accounting to Tune of $7M
4 minute read
'We’re Here to Empower People to Make Good Decisions': Why Compliance Chiefs Must Learn to Think Like a Businessperson
Trump's SEC Likely to Halt 'Off-Channel' Texting Probe That's Led to Billions in Fines
Trending Stories
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
