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.