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Dollar Associates, LLC and TriscendNP, LLC Enter Strategic Partnership on Executive Benefit, Compensation and Succession Planning Issues

FOR IMMEDIATE RELEASE

(Dallas, TX – January 29, 2018) – Dollar Associates, LLC, a full-service consulting group focusing on credit unions and the organizations that serve them, has announced a strategic partnership with TRISCENDNP, LLC, a leading provider of executive benefit, compensation and succession planning for credit unions and other not-for-profit organizations.

Dollar Associates will assist TRISCEND in regulatory matters and product development specific to the credit union market, according to Dale K. Edwards, Co-Founder and Principal of TRISCEND.  Dollar Associates, LLC is headed by former NCUA Chairman Dennis Dollar, Principal Partner, and former NCUA Chief of Staff Kirk Cuevas, Co-Founder and Partner.

“Dollar Associates has been looking for executive benefits expertise specific to not-for-profit organizations like credit unions and is very pleased about our new strategic alliance with TRISCEND,” says Dennis Dollar, Principal Partner at Dollar Associates.

“Too many of our clients have gotten caught up in benefit plans that miss their mark in meeting the long term needs of credit union executives in the competitive market, added Dollar. “Some of these plans have also created growing funding liabilities that have crippled some credit union balance sheets and many of them are just not a good fit for a not-for-profit entity.”

“We wanted to find a partner that understood the not-for-profit sector and was able to tailor executive benefit programs that met regulatory requirements, balance sheet needs and the demands of credit unions to recruit and retain the best and brightest talent as they continue to grow,” said Dollar.

“The desire of our clients for better benefit plan options, paired with the increased scrutiny of regulators on credit union investment and asset allocations to employee benefit plans, drove us to seek the expertise of TRISCEND in this area,” Dollar continued.  “Our research found that their client base is almost exclusively not-for-profit organizations – a totally different model than the one-size-fits-all plans.  They truly understand the importance of educating both the credit union and its key employees on how to plan and maintain growth for the future while transforming expenses into assets and aligning capital and talent incentives with credit unions’ long term stated purposes. The solutions of TRISCEND have been well-received by many not-for-profits, including credit unions, for meeting the often conflicting needs of the institution, the market, the balance sheet and the regulators.”

“We could not be more pleased that Dennis, Kirk and the Dollar Associates team have agreed to partner with our company,” said Robert Gutherman, Co-Founder and Principal of TRISCEND.  “Dennis is among the most respected leaders of the American credit union movement today, having been voted in 2015 by the readers of Credit Union Times as the most influential credit union leader of the past 25 years.  With Kirk’s background as an attorney and credit union leader in his own right, Dollar Associates has really demonstrated a focused vision for leading credit unions with tomorrow in mind.  This is a vision that aligns perfectly with how our work contributes to a credit union’s ability to retain and develop key leadership, which is critical for both the credit union and the future of its members.”

“We serve credit unions and their executives across the nation and the Dollar Associates team truly brings a great deal of experience and knowledge of the credit union industry to help us serve them even better,” Edwards said.  “Our relationship with Dollar Associates will provide TRISCENDNP with additional compliance and regulatory resources as well as expertise to further our ability to provide the world-class products and services we deliver to our credit union clients.”

“We are truly seeing a growing desire and frankly, a growing need as well, among our credit union clients to become much more sophisticated in their decision making processes at both the executive and board level about executive benefits and doing it right,” said Dollar.  “The TRISCEND model is well tailored for not-for-profits like credit unions, and we want to help them structure their model even more fully into the best possible fit for credit unions, their executives, their recruitment and retention needs, their balance sheets and their upcoming examiner reviews.  Even the new tax law comes into play in this arena and needs to be accommodated.  Structuring these programs specifically for the not-for-profit sector is an exciting possibility that we feel can help a lot of credit unions.”

About Dollar Associates, LLC
Blending a results-oriented working knowledge of day-to-day credit union issues with the perspective of two industry insiders who have been at the center of every significant piece of credit union legislation and regulation in recent years, the Dollar Associates team provides the best in consulting services to the best of America’s credit unions. And to organizations who work with credit unions as well.  Dollar Associates specializes in strategic planning, management consulting, regulatory guidance, field of membership expertise, merger consultation, product development and governmental relations.

About TRISCENDNP, LLC
TRISCENDNP, LLC is a national company specializing in design, implementation and administration of solutions for high-performing organizations in the area of talent management and capital optimization. With offices in the Dallas and New York metro areas, the company serves predominantly non-profit organizations in the healthcare, financial services and higher education markets.

Contact information:

Dollar Associates, LLC
194 Narrows Drive, Suite 104
Birmingham, AL 35242
Dennis Dollar
ddollar@dollarassociates.com
205-991-1525 ext. 303

TRISCENDNP, LLC
1100 Parker Square, Suite 245
Flower Mound, Texas 75028
Alexandria Staron
AStaron@Triscendnp.com
972-318-1110

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Victor V. Buzachero Former Chief Human Resource Officer of San Diego Based Scripps Health Joins TriscendNP as Executive Vice President

Dallas, Texas – June 15, 2017 – TRISCENDNP, LLC, a provider of talent management and capital optimization solutions for non-profit organizations announced healthcare and human resources leader, Victor V. Buzachero has joined the firm as Executive Vice President of Talent and Capital Planning, effective June 1, 2017.

Buzachero most recently served as Senior Vice President, Office of the President and Chief Human Resources Officer at Scripps Health in San Diego, CA from 2001 to 2017; his work resulted in Scripps being recognized by Fortune Magazine as one of “The Top 100 Great Places to Work” for the past decade. Buzachero’s 30 plus years of senior management experience in the healthcare and human resources arena is highly respected amongst his peers and across industry networks.

“We are delighted to welcome Victor Buzachero to TRISCENDNP,” said the Co-Founders and Principals of the firm, Dale Edwards and Robert Gutherman. “His proven healthcare and human resources capabilities will allow TRISCENDNP to expand our growth in providing succession planning and capital optimization in the healthcare industry,” said Edwards. “Turnover is affecting C-Suite executives and physicians in today’s healthcare environment; Mr. Buzachero’s expert knowledge will assist organizations to develop, restructure or reorganize their current strategies to meet their goals in the field of talent management and alignment, including timely issues such as succession planning and executive retention,” added Gutherman.

Benchmarked within healthcare for best practices in several areas, including Advisory Boards, Peer Organizations and Boards of Directors, Buzachero’s leading and innovative efforts at Scripps Health were recently recognized by Workforce Magazine in their 2017 Workforce 100: Ranking the World’s Top Companies for HR. His efforts at organizational development and effectiveness were recognized by HR Executive Magazine where he was named HR Executive of the year in 2011 and by Franklin/Covey with a 1999 “Organization of Excellence” award, just to mention a few of his numerous awards and achievements.

”TRISCENDNP is a perfect fit for my background. I am particularly excited about how TRISCENDNP’s solutions return capital back to their respective organizations; as of now their plans are on track to return over $1.8 billion. In this time of uncertainty in healthcare and the related stress on capital, this is an exceptional way for organizations to maximize their capital while effectively managing their talent,” said Buzachero. “I am eager to work with TRISCENDNP to help broaden this opportunity within the healthcare space and the general non-profit arena,” Buzachero added.

Additional Background on Victor Buzachero

Prior to Buzachero’s tenure at Scripps Heath Systems, he served as Special Assistant to the Office of the Chief Executive Officer at Providence Health System; Senior Vice President of Human Resources and Organizational Development for the Banner Health System and as Senior Vice President of Human Resources for the Samaritan Health System (now a part of Banner). Buzachero has held senior executive roles at Presbyterian Health System (Texas Health Resources) and the Baptist Medical Centers in Birmingham, AL.  He earned an MBA from the School of Business, Samford University in Birmingham, Alabama; B.S. in Manpower and Industrial Relations form the School of Commerce and Business at the University of Alabama in Tuscaloosa and holds a Lifetime Designation as a Senior Professional in Human Resources.

Buzachero is a frequent speaker at the national level and a prolific writer on a wide range of human resources’ topics including succession planning, measuring ROI in healthcare, executive compensation, performance management and labor relations.

About TRISCENDNP

TRISCENDNP, LLC is a national company that designs, implements and administers solutions for high-performing organizations in the area of talent management and capital optimization. With offices in the Dallas and New York metro areas, the company serves predominantly non-profit employers in the healthcare, financial services and higher education markets. Visit us at www.triscendnp.com.

TRISCENDNP| Twitter | LinkedIn

TRISCENDNP, LLC
1100 Parker Square, Suite 245
Flower Mound, Texas 75028

Media Contact
Catherine Gutherman
CGutherman@Triscendnp.com
O: 972-318-1110
D: 972-410-3760

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Scripps Health Chooses TriscendNP

Scripps Health (Scripps) has collaborated with TriscendNP (Triscend) to implement The CAP-Ex Program (Program), a customized benefit plan, for members of its leadership team. The Program was implemented through the joint efforts of the Scripps’ board, its compensation consultants, legal advisers and Triscend leadership. Scripps’ leadership pursued, and ultimately selected, the CAP-Ex Program because it provided a unique balance between the needs of the leadership team, the organization as a whole and the communities it serves that does not exist with its existing plans and other available planning options.

“Not only were we able to put a plan in place that was beneficial for all Scripps’ stakeholders, but Triscend’s guidance throughout the process was of tremendous value. Their extensive knowledge and experience in all facets of executive benefits and decision management ensured an efficient process that yielded the best possible outcome,” said Vic Buzachero, Scripps’ Corporate Senior Vice President for Innovation, Human Resources and Performance Management.

Scripps Health, based in San Diego, CA, is an integrated health system consisting of multiple hospitals and thousands of affiliated physicians representing over 100 medical and surgical specialties. Scripps is routinely listed as one of the nation’s best hospitals and health systems.

TriscendNP is a nationwide provider of fiscally responsible executive retention arrangements, including the CAP-Ex Program. With offices in the Dallas and New York metro areas, the company serves predominantly nonprofit employers in the healthcare, financial services and higher education markets. For more information contact us at (972) 318-1110, visit our website at www.triscendnp.com or follow us on LinkedIn @TriscendNP, LLC.

Leading healthcare organization in New York Metro selects TriscendNP

TriscendNP has been engaged by a large metro area health system to design and implement a new retention plan for members of its senior executive team. The CAP-Ex Program, which was finalized recently, was the result of a comprehensive review of available options by the health system and their advisers. The CAP-Ex Program was chosen because it effectively balances the needs of both the employee and the employer by providing competitive benefits that result in more favorable financial statement treatment.

 
TriscendNP is a nationwide provider of fiscally responsible executive retention arrangements, including the CAP-Ex Program. With offices in the Dallas and New York metro areas, the company serves predominantly non-profit employers in the healthcare, financial services and higher education markets. For more information contact us at (972) 318-1110 or follow us on LinkedIn @TriscendNP, LLC.

Strategy to Improve Stewardship of Healthcare Resources through Executive Benefit Planning

Hospital Council of Northern & Central California and Hospital Council of Southern California Partner with The CAP-Ex Group

Offering an alternative solution for healthcare organizations to transform executive and physician benefit expenses into assets, The CAP-Ex Group has recently been selected as the Endorsed Business Partner for Non-Qualified Executive Benefit Planning by Hospital Council of Northern & Central California (Hospital Council) and Hospital Association of Southern California (HASC).

“Our primary initiative at The CAP-Ex Group is to transform the way executive and physician retirement benefits are provided and to return hundreds of millions of dollars to community hospitals throughout the United States,” said Robert Gutherman, Principal of The CAP-Ex Group. “Our approach facilitates the return of all plan costs, plus interest, back to the hospital while simultaneously rewarding key executives and physicians with a competitive retirement plan.”

“HASC is committed to helping our members improve operational efficiencies, maximize earnings and solve challenges,” said Scott Twomey, Senior Vice President & CFO of HASC. “CAP-ExSM is an attractive alternative to Supplemental Executive Retirement Plans as a solution to help healthcare organizations deploy resources in innovative ways that more effectively meet the needs of the institution and its stakeholders.”

“CAP-ExSM may very well become the preferred alternative to traditional retirement funding for our hospitals,” said Art Sponseller, President/CEO of Hospital Council. “It features better book treatment and greater flexibility to retain top talent alongside a sustainable business practice that encourages financial security for years to come.”

Vendors selected for the Endorsed Business Partner program are expected to meet high-quality standards and offer products or services that help healthcare facilities minimize costs, maximize revenue, reduce operating and capital expenses, improve management and quality, increase productivity, develop staff resources, and apply new strategies.

After two years of conducting due diligence for executive benefit planning, Hospital Council and HASC find the CAP-ExSM program to be a socially responsible and cost-effective solution for their members.

About The CAP-Ex Group

Working with non-profit, healthcare, financial, and academic institutions throughout the United States, The CAP-Ex Group consults in equitable benefit planning to reward key talent while simultaneously returning all costs of the plan, plus interest, back to the organization. The CAP-Ex Group is comprised of seasoned professionals with diverse backgrounds in healthcare, accounting, legal, estate and financial planning to facilitate turnkey solutions complete with economic design proficiency, program implementation, and ongoing client services.

Attracting and retaining key executives and clinicians in today’s competitive environment

Attracting and retaining key executives and clinicians in today’s competitive environment can be challenging. The ability to offer a comprehensive benefits package is critical in competing for the best and brightest. At the same time, however, executive compensation packages for nonprofit healthcare organizations are receiving increased public attention.

These challenges prompted SCHA Solutions to find a solution that would enable South Carolina hospitals to provide retention benefits in a socially responsible manner while offering competitive and attractive packages to key employees. After much due diligence, the South Carolina Hospital Association partnered with The CAP-Ex Group to offer an alternative to traditional options, such as SERP or 457(f) deferred compensation plans.

The CAP-Ex Group is changing the game for nonprofits by transforming the way executive benefits are provided. CAP-Ex is designed to return all funding dollars of the plan, plus interest, back to the sponsoring health care organization while simultaneously creating the potential for greater levels of retirement income for the individual. Some of the benefits of this program include:

  • Improved stewardship of resources;
  • Transformation of benefit expenses into assets;
  • Retention of executives and physicians with competitive retirement plans;
  • Strengthening retention with vesting provisions tied to benefits;
  • Non-compensatory arrangement;
  • Turnkey program complete with implementation and ongoing administrative services.

We believe CAP-Ex effectively and equitably meets the needs of SCHA members seeking to retain key talent in a more responsible manner. I encourage you to take a few minutes to connect with Bob Gutherman at The CAP-Ex Group. You can reach him at bob.gutherman@thecapexgroup.com or (855) 882-2739.

Sincerely,

Tommy Cockrell

THA Welcomes CAP-Ex as Endorsed Partner

tha.headline.news

Attracting and retaining key executives and clinicians in today’s competitive environment can be challenging. The ability to offer comprehensive benefits packages is critical in competing for the best and brightest. At the same time, however, nonprofits’ executive compensation packages are under the public microscope, making this an even more daunting task.

These challenges prompted HealthSHARE to find a solution that would enable Texas hospitals to provide retention benefits in a socially responsible manner while offering competitive and attractive packages to key employees. After much due diligence, the Texas Hospital Association endorsed CAP-ExSM as an alternative to traditional options, such as SERP or 457(f) deferred compensation plans.

The CAP-Ex Group is changing the game for nonprofits by transforming the way executive benefits are provided. CAP-Ex is designed to return all funding dollars of the plan, plus interest, back to the sponsoring health care organization while simultaneously creating the potential for greater levels of retirement income for the individual. Some of the benefits of this program include:

  • Improved stewardship of resources;
  • Transformation of benefit expenses into assets;
  • Retention of executives and physicians with competitive retirement plans;
  • Strengthening retention with vesting provisions tied to benefits;
  • Non-compensatory arrangement;
  • Turnkey program complete with implementation and ongoing client services.

We believe CAP-Ex effectively and equitably meets the needs of THA members seeking to retain key talent in a more responsible manner. I encourage you to take a few minutes to connect with David Wright at The CAP-Ex Group. You can reach him at david.wright@thecapexgroup.com or 972/318-1110.

Sincerely,
John Checkley
Interim President/CEO HealthSHARE

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